Factors Creating Upward Pressure on European Retail Energy Prices
Released on: October 21, 2008, 12:05 am
Press Release Author: Bharat Book Bureau
Industry: Energy
Press Release Summary: Bharat Book.com has added a new business market report on European retail energy prices.
Press Release Body: Increasingly rising electricity and gas prices are creating major difficulties for utilities throughout the retail energy sector. As wholesale prices continue on a sharp upward trajectory, the commercial imperative pressures on utilities to pass on these higher prices to their customer base, rises.
Scope of this report Insight into a range of factors impacting on wholesale power and gas prices feeding through into retail pressures.
Awareness of the magnitude of wholesale power and gas price rises in individual European markets
Analysis of environmental obligations and general taxation levels impacting on power and gas retail prices in Europe.
Insight into retail price increases and related levels of market development across Europe with potential implications for utilities.
Research and analysis highlights Over the past few years, markets with higher levels of competitive intensity have seen the fastest growth in retail prices; however, in contrast to the power sector, liberalized gas markets have generally seen lower levels of price increase.
In recent years, wholesale energy prices have shown continued upward movements; general taxation and green commitments have played a role in pushing up prices alongside commodity prices, such pressures have inevitably fed through into higher retail prices across Europe as supply conditions tighten.
There remains a sharp divide between liberalized and liberalizing markets in terms of wholesale price dynamics. However, the factors driving wholesale prices differ widely between individual markets; ranging from GPAs to exposure to bullish sentiment on liquid wholesale markets.
Key reasons to read this report Understand the growing pressures on European retail prices and how differing levels of market liberalisation can impact price dynamics.
Develop strategies for mitigating problems in high price environments by understanding the factors driving retail prices in a diverse range of markets
Gain insight into the relative price pressures in specific markets
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