FINNISH ENERGY INDUSTRIES – ENERGY SCENARIOS and VISIONS for the FUTURE Background Report

Total Page:16

File Type:pdf, Size:1020Kb

FINNISH ENERGY INDUSTRIES – ENERGY SCENARIOS and VISIONS for the FUTURE Background Report Jyrki Luukkanen – Jarmo Vehmas – Suvisanna Mustonen– Francesca Allievi – Anne Karjalainen – Mikko Värttö & Maria Ahoniemi FINNISH ENERGY INDUSTRIES – ENERGY SCENARIOS AND VISIONS FOR THE FUTURE Background Report FFRC eBOOK 10/2009 Jyrki Luukkanen Jarmo Vehmas Research Professor, Docent Senior Researcher Suvisanna Mustonen Francesca Allievi Researcher Researcher Anne Karjalainen Mikko Värttö Research Assistant Research Assistant Maria Ahoniemi Research Assistant Copyright © 2009 Authors & Finland Futures Research Centre, Turku School of Economics ISBN 978•951•564•980•5 ISSN 1797•132 Finland Futures Research Centre Turku School of Economics Rehtorinpellonkatu 3, FI•20500 Turku Korkeavuorenkatu 25 A 2, FI•00130 Helsinki Pinninkatu 47, FI•33100 Tampere Tel. +358 2 481 4530 Fax +358 2 481 4630 www.tse.fi/tutu tutu•[email protected], [email protected] 2 CONTENTS 1. INTRODUCTION........................................................................................................ 6 2. GLOBAL MEGETRENDS................................................................................................ 8 2.1. Review of selected Global Energy Scenarios ....................................................... 8 2.1.1. World Energy Council: Deciding the Future: Energy Policy Scenarios to 2050...... 8 2.1.2. IEA: World Energy Outlook 2008 .......................................................... 10 2.1.3. Greenpeace: The Energy [R]evolution ................................................... 29 2.1.4. State of the Future 2007, Global Energy Scenarios 2020............................. 30 2.1.5. UN: Global Environmental Outlook....................................................... 32 2.1.6. Shell Energy Scenarios to 2050 ............................................................ 34 2.1.7. World Energy Prospects According to Total............................................. 36 2.1.8. EREC: Renewable Energy Scenario to 2040.............................................. 38 2.2. Development in China and India....................................................................... 40 2.3. Development in the United States .................................................................... 50 2.4. Development in the European Union ................................................................. 54 2.5. Development in Russia .................................................................................. 56 2.6. The Future of International Climate Policy – Burden Sharing Approaches ..................... 60 3. REQUIREMENTS SET BY THE FINNISH SOCIETY ................................................................. 63 3.1. Energy policy goals ...................................................................................... 63 3.2. Changes in Regional and Community Structures.................................................... 66 4. DEVELOPMENT OF ENERGY RESOURCES / POTENTIALS AND TECHNOLOGIES............................. 71 4.1. Oil........................................................................................................... 71 4.1.1. Oil Resources and Reserves ................................................................ 71 4.1.2. Future of Oil .................................................................................. 73 4.2. Coal......................................................................................................... 78 4.2.1. Coal Resources................................................................................ 78 4.2.2. Future Trends in Coal ....................................................................... 80 4.3. Natural Gas................................................................................................ 81 4.3.1. Natural Gas Resources ...................................................................... 81 4.3.2. Future Trends in Natural Gas.............................................................. 83 4.4. Uranium Resources and Nuclear Technology........................................................ 84 4.4.1. Uranium Resources .......................................................................... 84 3 4.4.2. Nuclear Power in Electricity Production ................................................. 87 4.4.3. Development of Nuclear Technology ..................................................... 88 4.5. Hydro Power............................................................................................... 97 4.6. Solar Energy ............................................................................................... 99 4.6.1. Solar Technologies ........................................................................... 99 4.6.2. Market Growth Trends in Solar Energy..................................................103 4.6.3. Solar energy potential in Finland ........................................................105 4.7. Wind Energy ..............................................................................................107 4.7.1. Background Information....................................................................107 4.7.2. Wind Energy Industry and Market Trends...............................................108 4.7.3. Wind Energy potential in Finland ........................................................116 4.8. Bioenergy and Peat .....................................................................................117 4.8.1. Wood Fuels ...................................................................................117 4.8.2. Biomass Conversion .........................................................................117 4.8.3. Biofuels........................................................................................118 4.8.4. Peat resources of Finland..................................................................122 4.9. Bioenergy Potentials in Finland .......................................................................128 4.9.1. Biomass potential of the Finnish forests................................................128 4.9.2. Field biomass potential in Finland .......................................................130 4.9.3. Biogas Potential in Finland ................................................................131 4.10. Ocean Energy ...........................................................................................133 4.10.1. Current Technologies .....................................................................133 4.10.2. Situation in European Countries and Future Development ........................138 4.11. Hydrogen and Fuel Cells ..............................................................................139 4.11.1. Technology ..................................................................................139 4.11.2. Applications and Market Trends in Fuel Cells ........................................140 4.12. Energy Storage..........................................................................................141 4.12.1. Why Energy Storage? ......................................................................141 4.12.2. Current Uses of Energy Storage Technologies ........................................142 4.12.3. Energy Storage Technologies ............................................................143 4.12.4. The Future Potential and Challenges of Energy Storage Technology ............145 4.12.5. Carbon Nanotubes .........................................................................146 4.12.6. Comparison of Different Energy Storage Technologies .............................149 4.13. Carbon (CO2) Capture and Storage (CCS) ..........................................................154 4.13.1. Technologies................................................................................154 4.13.2. Current Status of CCS Technology ......................................................156 4.13.3. Environmental and Economic Benefits.................................................157 4 4.13.4. Market Trends for CO2 Capture Technologies........................................ 158 4.13.5. Barriers to Use and Local Health, Safety and Environmental Risks .............. 159 4.13.6. CCS Use in Different Countries ......................................................... 160 5. DEVELOPMENT OF THE ENERGY MARKETS..................................................................... 161 5.1. Role of third countries in EU internal energy markets ........................................... 162 5.2. Development of Market Regulation .................................................................. 162 5.3. Cooperation of Regulatory Authorities in the Energy Sector .................................... 163 5.4. Functions of the proposed Agency for the Cooperation of Energy ............................. 164 5.5. Long•term supply contracts ........................................................................... 164 6. ENERGY TRANSMISSION AND DISTRIBUTION ................................................................... 165 6.1. Restructuring and Unbundling of Transmission from Trade and Generation ................. 166 6.2. Cooperation of transmission network operators in Europe and Nordic Countries ........... 167 6.3. Challenges in developing power transmission and distribution ................................. 168 6.3.1. Future grids .................................................................................. 169 6.3.2. Distributed generation..................................................................... 170 7. SUMMARY...........................................................................................................
Recommended publications
  • Preparing for Carbon Pricing: Case Studies from Company Experience
    TECHNICAL NOTE 9 | JANUARY 2015 Preparing for Carbon Pricing Case Studies from Company Experience: Royal Dutch Shell, Rio Tinto, and Pacific Gas and Electric Company Acknowledgments and Methodology This Technical Note was prepared for the PMR Secretariat by Janet Peace, Tim Juliani, Anthony Mansell, and Jason Ye (Center for Climate and Energy Solutions—C2ES), with input and supervision from Pierre Guigon and Sarah Moyer (PMR Secretariat). The note comprises case studies with three companies: Royal Dutch Shell, Rio Tinto, and Pacific Gas and Electric Company (PG&E). All three have operated in jurisdictions where carbon emissions are regulated. This note captures their experiences and lessons learned preparing for and operating under policies that price carbon emissions. The following information sources were used during the research for these case studies: 1. Interviews conducted between February and October 2014 with current and former employees who had first-hand knowledge of these companies’ activities related to preparing for and operating under carbon pricing regulation. 2. Publicly available resources, including corporate sustainability reports, annual reports, and Carbon Disclosure Project responses. 3. Internal company review of the draft case studies. 4. C2ES’s history of engagement with corporations on carbon pricing policies. Early insights from this research were presented at a business-government dialogue co-hosted by the PMR, the International Finance Corporation, and the Business-PMR of the International Emissions Trading Association (IETA) in Cologne, Germany, in May 2014. Feedback from that event has also been incorporated into the final version. We would like to acknowledge experts at Royal Dutch Shell, Rio Tinto, and Pacific Gas and Electric Company (PG&E)—among whom Laurel Green, David Hone, Sue Lacey and Neil Marshman—for their collaboration and for sharing insights during the preparation of the report.
    [Show full text]
  • Domestic Terms and Conditions
    Domestic Terms and Conditions Energy and telecoms supply terms (domestic) ALL SERVICES WARNING: Your attention is drawn to clause 17, Data Protection, which sets out the way in which we may use your personal data and the people we may disclose it to. If you do not wish us to disclose your personal information to our approved partners as referred to in clause 17.1 please contact customer services on 01926 320 700 if you are a utilities customer or 01926 320 701 if you are a Telecoms customer. 1. Introduction These terms and conditions apply if you are a customer using our gas, electricity, telecoms and/or broadband services at your domestic premises at which a supply is taken wholly or mainly for domestic purposes. You must inform us if you start using your property for business purposes and we will provide you with an alternative contract. Please read the terms and conditions carefully so that you fully understand your commitments and our obligations. No contract will be formed between us until we receive your acceptance of our quotation in writing, online or verbally (where you are subscribing for the services online or by telephone respectively), or on the date of completion (where you are purchasing a property in a new development). If you subscribe online or by telephone and there are any problems with your application prior to us commencing the registration process we will contact you and attempt to resolve any issues. We reserve the right to reject your request on reasonable grounds. Reasonable grounds for our rejection could include but are not limited to your premises being found to have unsuitable metering equipment (for instance those offering half hourly metering) in the case of energy services, or, in the case of broadband services, that you do not have a BT telephone landline (we will test this for you using the telephone number given on your application) or your premises cannot be connected for any other technical reasons.
    [Show full text]
  • Greenwashing Vs. Renewable Energy Generation
    Greenwashing Vs. Renewable energy generation: which energy companies are making a real difference? Tackling the climate crisis requires that we reduce the UK’s carbon footprint. As individuals an important way we can do this is to reduce our energy use. This reduces our carbon footprints. We can also make sure: • All the electricity we use is generated renewably in the UK. • The energy company we give our money to only deals in renewable electricity. • That the company we are with actively supports the development of new additional renewable generation in the UK. 37% of UK electricity now comes from renewable energy, with onshore and offshore wind generation rising by 7% and 20% respectively since 2018. However, we don’t just need to decarbonise 100% of our electricity. If we use electricity for heating and transport, we will need to generate much more electricity – and the less we use, the less we will need to generate. REGOs/GoOs – used to greenwash. This is how it works: • If an energy generator (say a wind or solar farm) generates one megawatt hour of electricity they get a REGO (Renewable Energy Guarantee of Origin). • REGOs are mostly sold separately to the actual energy generated and are extremely cheap – about £1.50 for a typical household’s annual energy use. • This means an energy company can buy a megawatt of non-renewable energy, buy a REGO for one megawatt of renewable energy (which was actually bought by some other company), and then claim their supply is renewable even though they have not supported renewable generation in any way.
    [Show full text]
  • The Energy Tariff Greenwash They're Growing in Popularity
    THE ENERGY TARIFF GREENWASH They’re growing in popularity, but are renewable electricity tariffs offering what customers expect? Sarah Ingrams exposes unclear claims and busts myths to help you choose a supplier with green credentials you’re happy with 20 WHICH? MAGAZINE OCTOBER 2019 GREEN ENERGY f you’re attracted to it through the lines to your the idea of a renewable property’ – at best an example THE ELECTRICITY I energy tariff to do your of staff ignorance. bit for the environment, YOU USE TO POWER a quick comparison suggests Unclear claims YOUR APPLIANCES you’ve got plenty of choice. When Myths aside, there are big we analysed the 355 tariffs on the differences in what companies do IS THE SAME AS market, more than half claimed to support renewable generation renewable electricity credentials. but it’s not always clear from their YOUR NEIGHBOUR’S, Three years ago it was just 9%. The websites. When Good Energy cheapest will cost you around £500 states ‘we match the power you use REGARDLESS OF THE less than the priciest, per year. But in a year with electricity generated you may be shocked to find out the from sun, wind and water’, it TARIFF YOU’RE ON differences between them. means it buys electricity directly In a survey of almost 4,000 from renewable generators to people in late 2018, a third told match customer use for 90% of us that if an energy tariff is marked half-hour units throughout the year. ‘green’ or ‘renewable’, they expect But similar-sounding claims from that 100% renewable electricity is others don’t mean the same thing.
    [Show full text]
  • Notice of Meeting of 2021 Annual General Meeting
    THIS DOCUMENT IS IMPORTANT AND REQUIRES YOUR IMMEDIATE ATTENTION If you are in any doubt about what action to take, you should seek your own personal advice immediately from a financial adviser authorised under the Financial Services and Markets Act 2000 if you are in the UK or, if you are not, from another appropriately authorised financial adviser. If you have sold or transferred all your shares in Royal Dutch Shell plc (the “Company”), please give this document and the accompanying documents to the stockbroker or other agent through whom the sale or transfer was effected for transmission to the purchaser. NOTICE OF ANNUAL GENERAL MEETING CAREL VAN BYLANDTLAAN 16, 2596 HR THE HAGUE, THE NETHERLANDS TUESDAY MAY 18, 2021 AT 10:00 (DUTCH TIME) CONTENTS 3 8 SHAREHOLDER CHAIR’S LETTER EXPLANATORY NOTES ON PRESENTATION, LONDON RESOLUTIONS In prior years we have held a Shareholder Presentation in London, two days after 4 the AGM. For the reasons outlined in the NOTICE OF ANNUAL GENERAL Chair's letter, this year we have again MEETING 10 deemed it prudent to cancel this event. DIRECTORS’ BIOGRAPHIES We recognise that some of our 6 SHAREHOLDER RESOLUTION 19 shareholders value this opportunity to SHAREHOLDER NOTES engage in person with the Board, and like AND SUPPORTING STATEMENT us, they may consider this news most unwelcome. However, we must consider 7 22 safety first, and the changes we are DIRECTORS’ RESPONSE ATTENDANCE ARRANGEMENTS making in these continuing exceptional TO SHAREHOLDER RESOLUTION circumstances have been made to protect our people and those that may have attended this event.
    [Show full text]
  • Securitization of Russian Energy in Finland, Germany and Poland After the Ukraine Crisis
    Threat, risk or business as usual? Securitization of Russian energy in Finland, Germany and Poland after the Ukraine crisis Otto Kaplas University of Helsinki Faculty of Social Sciences Democracy and Global Transformations Master’s thesis February 2019 Faculty Department Faculty of Social Sciences Author Otto Kaplas Title Threat, risk or business as usual? Securitization of Russian energy in Finland, Germany and Poland after the Ukraine crisis Subject Democracy and Global Transformations – Political science Level Month and year Number of pages Master’s thesis February 2019 72 Abstract This paper examines the energy policy development of three European Union member states of Finland, Germany and Poland before and after the Ukraine crisis of November 21st, 2013. The theory of securitization/desecuritization/riskification is used to examine if the crisis caused any changes in the perception of Russian energy, and if this had an effect on the domestic energy policy choices of the three member states. This paper will also look if the Energy Union can be considered a Regional Security Complex, built around the perceived threat or risk of Russian energy, and if this will lead to greater integration or disintegration of the EU. This paper is structured as a comparative case study where all the three member states energy policy developments before and after the crisis are compared to each other and analyzed. This paper finds that all of the three member states had very similar reactions to the Ukraine crisis, but only Finland and Poland saw any true changes in their energy policy choice making. Finland riskified Russian energy (especially gas and oil) but maintained their bilateral energy relations with Russia through partly state-owned companies, with the most prominent project being the Fennovoima nuclear power plant project.
    [Show full text]
  • 2016 Shell Sustainability Report, Which Covers Our Performance in 2016 and Significant Changes and Events During the Year
    SUSTAINABILITY REPORT Royal Dutch Shell plc Sustainability Report 2016 03 39 CONTENTS INTRODUCTION OUR PERFORMANCE 04 Introduction from the CEO 40 Safety 06 Topic selection for 2016 43 Security 08 About Shell 43 Environment 10 How sustainability works at Shell 48 Social performance 14 Sustainability governance 53 Embedding sustainability into projects COVER IMAGE The cover shows how collaborations and discussions with communities, 15 55 customers and partners worldwide ENERGY TRANSITION WORKING TOGETHER help Shell provide more and cleaner 16 Towards a low-carbon future 56 Living by our principles energy solutions. 18 Our work to address climate change 57 Environmental and social partners DIGITAL 24 Natural gas 60 Collaborations The Sustainability Report has moved to 25 Liquefied natural gas 61 Shell Foundation an online digital report 26 Research and development 62 Contractors and suppliers reports.shell.com. The digital version 28 Lower-carbon alternatives 63 Our people includes further information such as an interactive GRI index to enhance 64 Our business partners usability for and the experience of the 65 Tax and transparency readers of the report. In the event of 32 any conflict, discrepancy or MANAGING OPERATIONS inconsistency between the digital 33 Our activities in Nigeria 66 report and this hardcopy report of the 35 Oil sands DATA AND REPORTING Sustainability Report then the 36 Shales 67 Abour our reporting information contained in the digital report will prevail. This hardcopy 37 Decommissioning and restoration 68 Environmental data report is provided for the readers’ 38 Measuring the impact of earthquakes in 69 Social and safety data convenience only. Groningen 70 External Review Committee NEW LENS SCENARIOS CAUTIONARY NOTE (a) price fluctuations in crude oil and natural gas; (b) changes in This publication contains data from The companies in which Royal Dutch Shell plc directly and demand for Shell’s products; (c) currency fluctuations; (d) drilling Shell’s New Lens Scenarios.
    [Show full text]
  • Evaluating the Openness of the Mexican Energy Market for Collaborating with Finland
    LUT UNIVERSITY LUT School of Engineering Science Master’s Degree in Global Management of Innovation and Technology Hugo Alejandro López Díaz EVALUATING THE OPENNESS OF THE MEXICAN ENERGY MARKET FOR COLLABORATING WITH FINLAND Examiners: Associate Professor, Docent Ville Ojanen D.Sc. (Tech.) Antero Kutvonen ABSTRACT LUT University LUT School of Industrial Engineering Global Management of Innovation and Technology Hugo Alejandro López Díaz Evaluating the openness of the Mexican energy market for collaborating with Finland Master’s Thesis 2018 75 pages, 23 figures, 6 tables and 1 appendix Examiners: Associate Professor, Docent Ville Ojanen D.Sc. (Tech.) Antero Kutvonen Keywords: Open innovation, risk mitigation, energy markets, collaboration, openness The Mexican energy market has been under recent change due to political reforms regarding energy. This has opened the door for foreign companies to enter the market and start doing business in Mexico, fostering innovation and technological growth. For a Finnish company, this could represent the opportunity for expanding its operations into the Mexican market. Nevertheless, a collaboration like the one proposed in this research must overcome a series of hurdles, many of them originate from the cultural, political and technological differences between both countries. This research was aimed to evaluate the openness of the Mexican energy market regarding renewable energy and for collaborating with Finland in a project involving it. The analysis included both the Mexican and Finnish perspectives in the areas of open innovation, energy markets and energy policies. The research included a literature review followed by a quantitative and qualitative analyses of the gained data. The results of the research conclude that a collaboration between both countries is recommended but there are a series of risks that need to be considered for the project to be successful.
    [Show full text]
  • Generator/ Turbine)
    Economic Perspectives and Social Ac- ceptance of Possible Increase in the Small Scale Hydropower Plants in Fin- land Dewandelaere Simon Master’s thesis June 2015 Master Electrotechnics Specialization: Renewable Energy ABSTRACT Tampereen Ammattikorkeakoulu Tampere University of Applied Sciences Master Electro technology Renewable Energy Writer Dewandelaere Simon Thesis Economic Perspectives and Social Acceptance of Possible In- crease in the Small Scale Hydropower Plants in Finland Master thesis Pages 91 pages Appendices 9 pages Month and 05/2015 Year of Completion Thesis Supervisor TAMK University of Applied Sciences, Principal Lecturer Johanna Kirkinen The objectives of this thesis are to study the possibilities for increasing small scale hy- dropower in Finland, by studying the social acceptance and economical perspectives. It contains general information about the electricity market, production and consumption, as well as information collected about social acceptance and economical perspectives re- lated to small scale hydropower plants. This thesis was conducted in Finland. The goals of this study are to determine why small scale hydropower in Finland is not increased already, regardless of the many potentials micro hydropower. In order to study a possible increase in small scale hydropower in Finland, social acceptance and economical possibilities were studied as well as the po- tential for increasing micro and small scale hydropower. The methods used to gather in- formation regarding the economical perspective, were interviews conducted with owners, designers and experts in hydropower. Moreover, surveys were taken with neighbours of small scale hydropower plants for a social acceptance study. This thesis clarifies that inhabitants of Finland accept small scale hydropower plants in more crowded areas, as well as micro scale hydropower on more outlying areas.
    [Show full text]
  • Lappeenranta-Lahti University of Technology LUT School of Business and Management Degree Program in Strategic Finance and Business Analytics
    Lappeenranta-Lahti University of Technology LUT School of Business and Management Degree program in Strategic Finance and Business Analytics Lotta Hietanen COMPARATIVE ANALYSIS OF RENEWABLE ENERGY POLICY SCHEMES OF FINLAND 1st examiner: Professor Mikael Collan Supervisor/2nd examiner: Postdoctoral researcher Mariia Kozlova ABSTRACT Author: Lotta Hietanen Title: Comparative analysis of renewable energy policy schemes of Finland Faculty: School of Business and Management Master’s program: Strategic Finance and Business Analytics Year: 2020 Master’s Thesis: Lappeenranta-Lahti University of Technology LUT 71 pages, 17 figures, 17 tables, 3 appendices Examiners: Professor Mikael Collan Postdoctoral researcher Mariia Kozlova Keywords: renewable energy policy, feed-in tariff, technology-neutral auction, profitability analysis, simulation decomposition The objective of this thesis is to analyze the development of renewable energy policy in Finland and to compare the effectiveness of two schemes, namely the feed-in tariff (FiT) and the new premium scheme. Analysis of legislation, reports and policies together with academic publications is conducted to enable clear understanding of the Finnish renewable energy policies. Furthermore, a numerical case study utilizes data of wind power plants accepted to the FiT system between 2012 and 2017 and analyzes the incentives the schemes provide to investors through profitability analysis. Conventional methods such as net present value and internal rate of return are complemented with sensitivity analysis and Monte Carlo simulation, which is further analyzed by means of simulation decomposition. All the calculations are performed using Microsoft Excel and together they enable a comprehensive understanding of the investment profitability under FiT and premium schemes as well as uncertainties related to it.
    [Show full text]
  • Young and Carbon Free
    YOUNG AND CARBON FREE What people think, feel and do YOUNG AND CARBON FREE Opinium Research INTRODUCTION Wellies and waterproofs were decidedly in season over the 2019/20 winter period. Britain saw the wettest February since 1862. It was less Beast from the East and more Wet, Wet, Wet. On the other side of the world we watched Australian bush fires burn. As extreme weather becomes more common, people are linking them more to climate change and looking for solutions. Our latest instalment of our annual look at the consumer energy market delves into how these themes are working themselves out in the minds of UK consumers as we heat our homes and power our lives. Traditional energy providers including the Big Six continue to be top of mind amongst consumers. But their success is threatened by the changing landscape of consumerism. Brand culture, values and beliefs are now considered to be more important to consumers than brand familiarity and so being big no longer means being the best especially for young consumers. Entering the market at a time when support for greener policies and practices is on the rise, challenger brands have capitalised on their greener brand values using these to connect with consumers on a much deeper level than the Big Six are able to. This has resonated the most with younger generations, whose concern for the environment has exploded since Greta Thunberg’s ‘School strike for the climate’ and since climate emergency activist groups have caught the attention of the mainstream media. This year’s report focusses on the attitudes of Millennials and Generation Z – those aged 18-34.
    [Show full text]
  • Initial BM Igov-Report
    Analysis of UK electricity system actors Dr Jeffrey Hardy Senior Research Fellow Grantham Institute, Imperial College London January 2019 This report is the independent expert opinion of the author. Contents List of figures Figure 1: Total registered GB domestic electricity suppliers (as of 29th June 2018) 07 Figure 2: Active GB domestic electricity suppliers (as of 29th June 2018) 07 Figure 3: Business size of GB domestic electricity suppliers 08 List of figures 02 Figure 4: Operational years of GB domestic electricity suppliers 08 L ist of tablesofList 02 Figure 5: Share of domestic electricity suppliers that are SIAB 09 Figure 6: Market share of SIAB with licenced domestic electricity suppliers 10 Foreword 03 Figure 7: Market share of companies that set up SIAB 10 1 Introduction04 Figure 8: Market share for companies that set up SIAB for active suppliers 11 2 2 Methods 04 Figure 9: Number of active domestic electricity suppliers offering different value propositions 13 Figure 10: Value propositions offered by each active domestic electricity supplier 14 2.1 Key sources of information 04 Figure 11: Value propositions of non-traditional suppliers 15 2.2 Approach 04 Figure 12: Emerging domestic electricity supplier value propositions compared to broad NTBM themes 17 2.2.1 Data cleaning 04 Figure 13: Active, non-active and dissolved non-domestic electricity suppliers 22 Figure 14: Size of non-domestic suppliers 23 2.2.2 Segmentation approach 05 Figure 15: Year of market entry of non-domestic suppliers 23 2.2.3 Wider Supply chain interactions
    [Show full text]