DATAMONITOR VIEW 1
CATALYST 1
SUMMARY 1
ANALYSIS 2
Gas Market Overview 2
Industry Landscape 2
Retail Market Players 2
Switching 4
Gas Supply and Demand Analysis 4
Gas Infrastructure 10
Pipelines 10
Storage 11
Electricity Market Overview 12
Industry Landscape 12
Retail Market Players 12
Wholesale Environment 13
Electricity Supply and Demand Analysis 14
Electricity Infrastructure 19
Generation Capacity 19
Electricity Networks 20
Competitive Intensity Analysis Overview 22
Datamonitor's MCI Index offers a robust framework for measuring the development of energy Market Competitive Intensity 22
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. 22
The MCI Index assesses markets as they stood in early 2010 and forecasts conditions likely to be prevailing in July 2013, five years after full market opening 22
The MCI assessment draws on nine underlying metrics grouped into three broad clusters: Market framework; Supplier Push; Customer Pull 23
Each of the nine pillars has an assessment scale to allow for the comparison of diverse markets (see appendix for more details) 24
Gas Market Competitive Intensity 25
Like many other less competitive markets, the Czech gas score is impacted by the lack of a traded market 25
Strength in the regulation and TPA metrics support the overall score 26
The development of liberalisation will drive all of the Market Framework scores higher 26
Effectiveness of Regulator [2010: 10/10 2013: 10/10] 26
Ease of Third Party Access [2010: 8/10 2013: 9/10] 27
Pricing Regime [2010: 4.5/10 2013: 6/10] 27
Supplier Push scores remain modest during the forecast period 27
Wholesale Market Fragmentation [2010: 2/10 2013: 2/10] 27
Retail Market Fragmentation [2010: 2.5/10 2013: 4/10] 27
Traded Market Maturity [2010: 0.1/10 2013: 0.1/10] 28
Customer Pull factors all score at the lower end of the scale 28
Access to Market Information [2010: 2/10 2013: 2.5/10] 28
Consumer Representation [2010: 3.5/10 2013: 5/10] 28
Propensity to Switch [2010: 1/10 2013: 3/10] 28
Electricity Market Competitive Intensity 29
The Czech Republic power score remains around the centre point of the sliding scale 29
Strong market framework scores offset weakness in the customer pull metrics 30
Market Framework factors are likely to show incremental change by 2013 30
Effectiveness of Regulator [2010: 9/10 2013: 10/10] 30
Ease of Third Party Access [2010: 8/10 2013: 9/10] 30
Pricing Regime [2010: 6/10 2013: 7/10] 31
Supplier Push factors are curtailed by the lack of a traded market and the dominance of CEZ 31
Wholesale Market Fragmentation [2010: 5/10 2013: 6/10] 31
Retail Market Fragmentation [2010: 5/10 2013: 6/10] 31
Traded Market Maturity [2010: 6/10 2013: 8/10] 31
Customer Pull factors achieve only limited scores both now and in July 2013 31
Access to Market Information [2010: 3.5/10 2013: 5.5/10] 31
Consumer Representation [2010: 3/10 2013: 4/10] 32
Propensity to Switch [2010: 2/10 2013: 3.5/10] 32
Near term opportunities in the power market are likely to exceed those in the gas market 32
COMPETITIVE INTENSITY ANALYSIS APPENDIX 33
MCI Scores Summary 33
MCI Scoring Scales 36
APPENDIX 42
List of power stations in Czech Republic 42
Definitions 43
Ask the analyst 44
Consulting 44
Disclaimer 44
List of Tables
Table 1: Czech Republic gas retail market players, 2008 2
Table 2: Czech Republic gas supply and demand balance, 2008-09e 5
Table 3: Czech Republic gas transmission pipelines 10
Table 4: Czech Republic gas storage sites 11
Table 5: Czech Republic power retail market players, 2008 12
Table 6: Czech Republic power supply and demand balance, 2008-09e 14
Table 7: Czech Republic power transmission lines 21
Table 8: Market Competitive Intensity, Czech Republic 2010 and 2013 33
Table 9: MCI Additive, Europe 2010 and 2013 34
Table 10: MCI Multiplicative, Europe 2010 and 2013 35
Table 11: Czech Republic power generation assets 42
List of Figures
Figure 1: Major gas retail players market share in B2B segment, 2008 3
Figure 2: Major gas retail players market share in B2C segment, 2008 4
Figure 3: Czech Republic indigenous gas production, 1990-2009e 6
Figure 4: Czech Republic gas import supply sources, 2009e 7
Figure 5: Czech Republic gas sectoral consumption, 2009e 8
Figure 6: Czech Republic gas consumption, trends and forecast, 1990-2020f 9
Figure 7: Czech Republic power production by fuel type, 1990-2009e 15
Figure 8: Czech Republic power production by fuel type, 2009e 16
Figure 9: Czech Republic power sectoral consumption, 2009e 17
Figure 10: Czech Republic power consumption, trends and forecast, 1990-2020f 18
Figure 11: Czech Republic generation capacity by fuel type, 2008 20
Figure 12: MCI Assessment Scale 22
Figure 13: MCI Assessment Framework 23
Figure 14: MCI Scales 24
Figure 15: European Gas Market Competitive Intensity, 2010-13 25
Figure 16: Gas Market Competitive Intensity, Czech Republic 26
Figure 17: European Power Market Competitive Intensity, 2010-13 29
Figure 18: Power Market Competitive Intensity, Czech Republic 30
Figure 19: Market Competitive Intensity, Czech Republic 32
Figure 20: Scale for MCI Assessment, Effectiveness of Regulator 36
Figure 21: Scale for MCI Assessment, Ease of Third Party Access 36
Figure 22: Scale for MCI Assessment, Pricing Regime 37
Figure 23: Scale for MCI Assessment, Wholesale Market Fragmentation 37
Figure 24: Scale for MCI Assessment, Retail Market Fragmentation 38
Figure 25: Scale for MCI Assessment, Traded Market Maturity 38
Figure 26: Scale for MCI Assessment, Access to Market Information 39
Figure 27: Scale for MCI Assessment, Consumer Representation 39
Figure 28: Scale for MCI Assessment, Propensity to Switch 41