Table of Contents
DATAMONITOR VIEW 1
CATALYST 1
SUMMARY 1
ANALYSIS 2
Gas Market
Overview 2
Industry Landscape 2
Regulation 2
Wholesale Environment
4
POGAS 4
IGEX 4
Gas Supply and Demand Analysis 4
Gas
Infrastructure 9
Pipelines 9
Storage 11
LNG 13
Electricity
Market Overview 15
Industry Landscape 15
Regulation 15
Electricity
Supply and Demand Analysis 17
Electricity Infrastructure 22
Generation
Capacity 22
Electricity Networks 24
Competitive Intensity Analysis
Overview 26
Datamonitor' s MCI Index offers a robust framework for
measuring the development of energy Market Competitive Intensity 26
The
MCI Index shows how competitive a particular market is. This has applications
for both new entrants seeking to enter the market, and established players and
former monopoly incumbents seeking to defined their market share from new
entrants. 26
The MCI Index assesses markets as they stood in early 2009
and forecasts conditions likely to be prevailing in July 2012, five years
after full market opening. 26
The MCI assessment draws on nine underlying
metrics grouped into three broad clusters: Market framework; Supplier Push;
Customer Pull 27
Each of the nine pillars has an assessment scale to allow
for the comparison of diverse markets (see appendix for more details) 28
Gas Market Competitive Intensity 29
The increase in Italy' s gas score over
the forecast period is relatively modest 29
Italy' s overall gas score is
held back by weakness in the Customer Pull metrics 30
The assertion shown
by the Italian regulator has a major impact on the Market Framework metrics
30
Effectiveness of Regulator [2009:10 /10 2012: 10/10] 30
Ease of
Third Party Access [2009: 5.5/10 2012: 6/10] 31
Pricing Regime [2009: 7/10
2012: 7.5/10] 31
Supplier Push metrics show varying degrees of development
over the forecast period 31
Wholesale Market Fragmentation [2009: 3/10
2012: 3.5/10] 31
Retail Market Fragmentation [2009: 6.5/10 2012: 8/10]
32
Traded Market Maturity [2009: 4/10 2012: 6.5/10] 32
Customer Pull
metrics are mainly driven by propensity to switch 32
Access to Market
Information and Assistance [2009: 2.5/10 2012: 3.5/10] 32
Consumer
Representation [2009: 3/10 2012: 4.5/10] 32
Propensity to Switch [2009:
4/10 2012: 6/10] 33
Electricity Market Competitive Intensity 34
Italy' s power market positioning remains static between the more developed
Western markets and the emergent Eastern markets 34
By the end of the
forecast period, all of Italy' s power metrics are in the upper half of the
scale 35
Italy' s Market Framework factors are amongst the highest scoring
in Europe 35
Effectiveness of Regulator [2009: 10/10 2012: 10/10] 35
Ease of Third Party Access [2009: 6/10 2012: 7/10] 36
Pricing Regime
[2009: 5/10 2012: 5/10] 36
Supplier Push metrics show a marginal increase
by 2012 36
Wholesale Market Fragmentation [2009: 5/10 2012: 6/10] 36
Retail Market Fragmentation [2009: 5/10 2012: 7/10] 36
Traded Market
Maturity [2009: 6/10 2012: 7/10] 37
Customer Pull factors will be driven
forward by increase switching awareness 37
Access to Market Information
and Assistance [2009: 5/10 2012: 6/10] 37
Consumer Representation [2009:
4/10 2012: 5/10] 37
Propensity to Switch [2009: 4/10 2012: 6/10] 37
Increased competitive intensity will continue to create commercial
opportunities in the Italian gas and power market 38
COMPETITIVE INTENSITY
ANALYSIS APPENDIX 39
MCI Scores Summary 39
MCI Scoring Scales 42
APPENDIX 47
List of power stations in Italy 47
Definitions 53
Ask
the analyst 53
Datamonitor consulting 53
Disclaimer 53
List of
Tables
Table 1: Italy gas supply and demand balance, 2007-08e 5
Table 2: Italy gas transmission pipelines 11
Table 3: Italy gas storage
sites 12
Table 4: Italy LNG terminals 14
Table 5: Italy power supply
and demand balance, 2007-08e 18
Table 6: Italy system capacity 25
Table 7: Market Competitive Intensity, Italy 2009 and 2012 39
Table 8: MCI
Additive, Europe 2009 and 2012 40
Table 9: MCI Multiplicative, Europe 2009
and 2012 41
Table 10: Italy power generation assets 47
List of Figures
Figure 1: Italy indigenous gas production, 1990-2008e 6
Figure 2:
Italy gas imported supply sources, 2008e 7
Figure 3: Italy gas sectoral
consumption, 2008e 8
Figure 4: Italy gas consumption, trends and
forecasts, 1990-2020f 9
Figure 5: Italy power production by fuel type,
1990-2008e 19
Figure 6: Italy power production by fuel type, 2008e 20
Figure 7: Italy power consumption by sector, 2008e 21
Figure 8: Italy
power consumption, trends and forecasts, 1990-2020f 22
Figure 9: Italy
power generation capacity by fuel type, 2008 24
Figure 10: MCI Assessment
Scale 26
Figure 11: MCI Assessment Framework 27
Figure 12: MCI Scales
28
Figure 13: European Gas Market Competitive Intensity, 2009-12 29
Figure 14: Gas Market Competitive Intensity, Italy 30
Figure 15: European
Power Market Competitive Intensity, 2009-12 34
Figure 16: Power Market
Competitive Intensity, Italy 35
Figure 17: Market Competitive Intensity,
Italy 38
Figure 18: Scale for MCI Assessment, Effectiveness of Regulator
42
Figure 19: Scale for MCI Assessment, Ease of Third Party Access 43
Figure 20: Scale for MCI Assessment, Pricing Regime 43
Figure 21: Scale
for MCI Assessment, Wholesale Market Fragmentation 44
Figure 22: Scale for
MCI Assessment, Retail Market Fragmentation 44
Figure 23: Scale for MCI
Assessment, Traded Market Maturity 45
Figure 24: Scale for MCI Assessment,
Access to Market Information 45
Figure 25: Scale for MCI Assessment,
Consumer Representation 46
Figure 26: Scale for MCI Assessment, Propensity
to Switch 46
| 
View Cart
