Latest Intelligence on Power

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Type Product title / description Pub Price
Expert View
Expert View

UK smart meters will soon be indispensable

The UK Department of Energy and Climate Change (DECC) has announced that 98,600 smart meters were installed in households in the first quarter of 2014, a marginal increase from the 95,300 installed in Q4 2013. It is likely that we will see more than 100,000 installations in the second quarter of 2014 to take the total number of smart meters in UK domestic properties to approximately 450,000.

Published By Datamonitor
23 Jul 2014
Expert View
Expert View

Nuclear power to support future growth in Hungary's energy consumption

In Datamonitor Energy's latest update to its power supply and demand forecasts for Hungary, nuclear power will continue to play a major role in the country's energy supply, having accounted for the largest portion (almost 40%) of energy in 2013. Significant funding has been allocated to increasing nuclear energy generation, with two 1,200MW plants predicted to come online in 2023 and 2026.

Published By Datamonitor
07 Jul 2014
Expert View
Expert View

Turkey's power consumption to grow at rapid pace

Turkey's power consumption will continue to grow over the coming decade. Industrial sector energy usage is projected to be the primary factor behind the country's strong demand, with residential and commercial markets also following a similar positive trajectory.

Published By Datamonitor
19 Jun 2014
Expert View
Expert View

Eni outperforms the competition in a declining Italian electricity market

Eni is the largest retailer of natural gas to Italy (accounting for about 50% of the market). However, regulatory restrictions have been applied to Eni in order to improve competition and encourage new entrants into the Italian gas market. Eni has now turned to the electricity market for revenue and margin growth opportunities, specifically by moving existing gas customers onto dual fuel tariffs.

Published By Datamonitor
29 Oct 2013
Expert View
Expert View

France strengthens profile in South Africa with GDF Suez deal

GDF Suez has been awarded a EUR1.5bn contract to build new conventional thermal electricity capacity in South Africa. This outcome is partly due to France's aggressive stance concerning its domestic industrial interests abroad, and bodes very well for future South African transport, infrastructure, and nuclear development contracts to be awarded to French companies.

Published By Datamonitor
22 Oct 2013
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Expert View

UK: Milliband's price freeze would cause market turmoil

Addressing the Labour Party Conference in Brighton on September 24, 2013, British opposition leader Ed Milliband made the promise to freeze gas and electricity prices until the start of 2017 if the Labour party wins the 2015 election. Milliband also made the assertion that suppliers "have been overcharging people for too long because of a market that doesn't work."

Published By Datamonitor
25 Sep 2013
Expert View
Expert View

First Utility: same day switching would boost churn rates

A campaign launched by First Utility has called on the British power industry to cut the time it takes to switch domestic suppliers from several weeks to one day, claiming it could save customers GBP1.5bn a year by making them feel more comfortable ditching antiquated tariffs. While the forecast savings could be argued up or down, it is not the only benefit that a move like this would bring.

Published By Datamonitor
24 Sep 2013
Expert View
Expert View

Rumors of a British Gas price increase a case of when, not if

Whisperings in the industry media of an imminent price rise from British Gas come as little surprise when factors such as wholesale prices, generation margins, and subsequently retail margins are considered.

Published By Datamonitor
23 Sep 2013
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Expert View

North-Western European price coupling is key for future energy market integration

European regional day-ahead price coupling is poised to take a major step forward in November 2013 when the Central European block couples with the Nordic and UK markets. Datamonitor expects to see further price convergence and reduced price volatility in the long term, but these effects will be incremental due to the intra-regional coupling that has already taken place.

Published By Datamonitor
30 Aug 2013
Expert View
Expert View

British Gas considers free electricity in the UK

In Centrica's half yearly presentation CEO Sam Laidlaw has given a tantalizing hint that the group's UK subsidiary British Gas is considering replicating a US scheme offering free power to smart meter-enabled domestic customers.

Published By Datamonitor
01 Aug 2013

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