Table of Contents
DATAMONITOR VIEW 1
CATALYST 1
SUMMARY 1
ANALYSIS 2
Gas Market
Overview 2
Industry Landscape 2
Retail Market Players 2
Switching
4
Regulation 4
Gas Supply and Demand Analysis 5
Gas Infrastructure
8
Pipelines 8
Electricity Market Overview 9
Industry Landscape
9
Retail Market Players 9
Switching 9
Regulation 9
Electricity
Supply and Demand Analysis 10
Electricity Infrastructure 15
Generation
Capacity 15
Electricity Networks 16
Competitive Intensity Analysis
Overview 17
Datamonitor' s MCI Index offers a robust framework for
measuring the development of energy Market Competitive Intensity 17
The
MCI Index shows how competitive a particular market is. This has applications
for both new entrant seeking to enter the market, and established players and
former monopoly incumbents seeking to defined their market share from new
entrants. 17
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. 17
The MCI assessment draws on nine underlying
metrics grouped into three broad clusters: Market framework; Supplier Push;
Customer Pull 18
Each of the nine pillars has an assessment scale to allow
for the comparison of diverse markets (see appendix for more details) 19
Gas Market Competitive Intensity 20
The gas market is dominated by two key
suppliers with the regulatory framework making market entry difficult to
achieve 20
Very limited viability currently exists for new players in the
Luxembourg gas market 21
Luxembourg' s gas market framework factors will
remain modest 21
Effectiveness of Regulator [2009: 1.5/10 2012: 2/10]
21
Ease of Third Party Access [2009: 2/10 2012: 2.5/10] 21
Pricing
Regime [2009: 5/10 2012: 5/10] 22
Supplier Push metrics are all at the
bottom end of the scale in the current climate 22
Wholesale Market
Fragmentation [2009: 1/10 2012: 1.5/10] 22
Retail Market Fragmentation
[2009: 0.1/10 2012: 1.0/10] 22
The retail gas market in Luxembourg remains
very concentrated amongst a small number of players. In common with the
Wholesale Market Fragmentation metric, this situation will not change to any
discernible degree during the forecast period. 22
Traded Market Maturity
[2009: 1/10 2012: 1.5/10] 22
Customer Pull metrics largely remain at the
lower range of the scale 22
Access to Market Information and Assistance
[2009: 1/10 2012: 2/10] 22
As in the electricity sector, market
information and assistance in the gas sector remains limited in Luxembourg.
22
Consumer Representation [2009: 1/10 2012: 2/10] 22
Propensity to
Switch [2009: 1/10 2012: 2/10] 22
Electricity Market Competitive Intensity
23
Luxembourg remains a limited market for energy investment due to market
size, regulatory and incumbent barriers 23
Scope for new entrants to
Luxembourg' s power market remains inherently limited 24
The Market
Framework metrics remain an inherent flaw in Luxembourg' s overall score 24
Effectiveness of Regulator [2009: 2/10 2012: 2.5/10] 24
Ease of Third
Party Access [2009: 3/10 2012: 5/10] 24
Pricing Regime [2009: 2/10 2012:
3/10] 25
The dominance a number of key utilities curtails the supplier
push scores 25
Wholesale Market Fragmentation [2009: 2/10 2012: 3/10]
25
Retail Market Fragmentation [2009: 0.5/10 2012: 1/10] 25
Traded
Market Maturity [2009: 2.5/10 2012: 3/10] 25
Customer Pull metrics only
play a minor role in the current market structure 25
Access to Market
Information and Assistance [2009: 1/10 2012: 1.5/10] 25
Consumer
Representation [2009: 1/10 2012: 2/10] 25
Propensity to Switch [2009:
0.1/10 2012: 0.5/10] 26
COMPETITIVE INTENSITY ANALYSIS APPENDIX 27
MCI
Scores Summary 27
MCI Scoring Scales 30
APPENDIX 35
List of power
stations in Luxembourg 35
Definitions 36
Ask the analyst 37
Datamonitor consulting 37
Disclaimer 37
List of Tables
Table 1:
Luxembourg major gas retail market players 2
Table 2: Luxembourg gas
supply and demand balance, 2007-08e 5
Table 3: Luxembourg major power
retail players 9
Table 4: Luxembourg power supply and demand balance,
2007-08e 11
Table 5: Market Competitive Intensity, Luxembourg 2009 and
2012 27
Table 6: MCI Additive, Europe 2009 and 2012 28
Table 7: MCI
Multiplicative, Europe 2009 and 2012 29
Table 8: Luxembourg power
generation assets 35
List of Figures
Figure 1: Major gas retail
players market share in the B2B segment, 2008 3
Figure 2: Major gas retail
players market share in the B2C segment, 2008 4
Figure 3: Luxembourg gas
import supply sources, 2008e 6
Figure 4: Luxembourg gas sectoral
consumption, 2008e 7
Figure 5: Luxembourg gas consumption, trends and
forecasts, 1990-2020f 8
Figure 6: Luxembourg power production by fuel
type, 1990-08e 12
Figure 7: Luxembourg power production by fuel type,
2008e 13
Figure 8: Luxembourg power sectoral consumption, 2008e 14
Figure 9: Luxembourg power consumption, trends and forecasts, 1990-2020f
15
Figure 10: Luxembourg power generation capacity by fuel type, 2008
16
Figure 11: MCI Assessment Scale 17
Figure 12: MCI Assessment
Framework 18
Figure 13: MCI Scales 19
Figure 14: European Gas Market
Competitive Intensity, 2009-12 20
Figure 15: Gas Market Competitive
Intensity, Luxembourg 21
Figure 16: European Power Market Competitive
Intensity, 2009-12 23
Figure 17: Power Market Competitive Intensity,
Luxembourg 24
Figure 18: Market Competitive Intensity, Luxembourg 26
Figure 19: Scale for MCI Assessment, Effectiveness of Regulator 30
Figure
20: Scale for MCI Assessment, Ease of Third Party Access 31
Figure 21:
Scale for MCI Assessment, Pricing Regime 31
Figure 22: Scale for MCI
Assessment, Wholesale Market Fragmentation 32
Figure 23: Scale for MCI
Assessment, Retail Market Fragmentation 32
Figure 24: Scale for MCI
Assessment, Traded Market Maturity 33
Figure 25: Scale for MCI Assessment,
Access to Market Information 33
Figure 26: Scale for MCI Assessment,
Consumer Representation 34
Figure 27: Scale for MCI Assessment, Propensity
to Switch 34
| 
View Cart
