Monthly Price Brief 2 - A Review of European Gas and Power Price Trends: April 2008

Publication Date	May 2008
Publisher	Datamonitor
Product Type	Report
Pages	8
ISBN Number	not applicable
Product Code	DAT12667

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£6,995.00
approximately: $10,388 | €8,232

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Summary

Introduction

Ongoing market developments, particularly in terms of liberalization, have resulted in continued energy sector M&A. monthly Financial Deal Insights series provides a concise yet comprehensive overview of this activity in the energy and utilities sector. It offers a unique insight into both deal activity, deal rationale and the market fundamentals driving the sector.

Scope

Insight into recent M&A activity in the energy and utilities sector throughout the world. Detailed understanding of the market context behind factors driving both the sector as a whole and individual deals. An overview of deal trends on a historical basis and the progress of individual deals as they happen.

Highlights

M&A activity in the upstream segment witnessed a 33% increase in volume terms on a month-on-month basis, driven by sustained high energy prices M&A activity in the midstream and downstream recorded a decline of 43.2% and 6% respectively, in volume terms over the last six month (Oct 2007-Mar 2008) average M&A activity in the utilities sector recorded an increase of 52.4% and a decrease of 14.7% (in volume terms) on a month-on-month basis and last six month average, respectively

Reasons to Purchase

Understand current energy and utility sector M&A dynamics Gain insight into factors driving individual deals and the sector as a whole Keep track of deal developments throughout the sector.

Content

Catalyst
Summary
Analysis
- Record Oil Prices Have Started To Reduce M&A Activity, As Players In The Energy Sector Favor Other Investments Of 'Acreage Over Assets'
- Despite Opec Responses, Oil Markets Remain Extremely Tight, Exposing Prices To Even Minor Supply Disruptions
- Geopolitical Factors Are Normally Associated With Price Spikes, But As Far As The Middle East Is Concerned, The Opposite Could Also Become True Should Saudi Arabia Want To Exert Greater Influence
- Long Term Investment Remains Critical In Addressing Supply-Demand Fundamentals; Failure To Do So Will See Market Speculation Persist.
- With Peak Oil Prices To Persist There Is Greater M&A In Other Sectors, With Renewables Becoming An Increasingly Attractive Proposition.
- The Renewables Sector Is Still Characteristic Of A High Risk, High Reward Venture That Will Require Ongoing Government Support To Make Investments Commercially Viable.
Appendix
- Methodology
- Ask The Analyst
- Datamonitor Consulting
- Disclaimer