A recent report by Datamonitor analyses the market competitiveness across key EU power and gas marketplaces by tracking nine market metrics. The UK, as the most liberalised market by a wide margin, leads this index, however there are metrics that have not scored as highly as they could and hold back the overall market rating.

• Reporting of the market competiveness of the UK power and gas markets
• Explanation of the metrics that prevent the UK from achieving top scores all the way across the board.


Highlights



Ofgem, the UK regulator has been criticized by some parties for failing to investigate thoroughly enough the reasons behind the wholesale gas price spikes of late 2004.





The high level of competition in the UK energy market means that few opportunities for new entrants to undercut high incumbent profit margins still exist.





The low levels of fragmentation in the UK energy market give the large utilities with existing market share greater power to prevent new entrants from gaining a foothold in the market.



Reasons to Purchase


• understand the contributing factors to the overall high scoring of the UK Energy market competitiveness
• gain insight into how the Datamonitor Market Competitiveness Index scores relate to real market activity.
• Assess the barriers for new entrants to both the power and gas markets and how the high level of competiveness effects them