competition and entry in the gb electricity retail market.pdf - Frontier ...
competition and entry in the gb electricity retail market.pdf - Frontier ...
competition and entry in the gb electricity retail market.pdf - Frontier ...
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
14 <strong>Frontier</strong> Economics | January 2011<br />
Figure 1. Comparative aggregate churn rates<br />
12<br />
10<br />
8<br />
n<br />
ru<br />
h<br />
6<br />
C<br />
4<br />
2<br />
0<br />
Source: Ofgem<br />
2001 2002 2003 2004 2005 2006 2007 2008 2009<br />
Barriers to <strong>entry</strong><br />
GB France Germany Ne<strong>the</strong>rl<strong>and</strong>s Nordpool<br />
It is also particularly noticeable <strong>in</strong> relation to <strong>the</strong> availability of shaped products<br />
<strong>in</strong>to <strong>the</strong> future, with a very small proportion of total traded volumes relat<strong>in</strong>g to<br />
longer dated peak <strong>in</strong>struments 20 , as shown <strong>in</strong> Figure 2.<br />
20 This is someth<strong>in</strong>g that smaller suppliers have said is important to <strong>the</strong>m.