Organisational Learning and Systems of Labour Market Regulation in Europe

DEFF Research Database (Denmark)

Holm, Jacob Rubæk; Lorenz, Edward; Lundvall, Bengt-Åke

This paper establishes a link between international differences in the organisation of work and modes of regulation of labour markets within Europe. The paper operates with four forms of work organisation (discretionary learning, lean production, Taylorism and simple or traditional). Through...... a factor analysis three dimensions of national labour market systems (flexible security, passive security and job support) are defined. Using a multilevel logistic regression model that takes into account both characteristics of individuals and of national labour market systems it is shown...... that there is a significant positive correlation between flexible security and the prevalence of discretionary learning. On this basis we point to an extension of flexible security in Europe’s labour markets as an adequate response to the current crisis....

International stock market integration: Central and South Eastern Europe compared

Czech Academy of Sciences Publication Activity Database

Horváth, Roman; Petrovski, D.

2013-01-01

Roč. 37, č. 1 (2013), s. 81-91 ISSN 0939-3625 R&D Projects: GA ČR GA402/09/0965 Institutional support: RVO:67985556 Keywords : stock markets * South Eastern Europe Subject RIV: AH - Economics Impact factor: 0.611, year: 2013 http://library.utia.cas.cz/separaty/2013/E/horvath-international stock market integration central and south eastern europe compared.pdf

Which way for Europe's gas storage market?

International Nuclear Information System (INIS)

Hureau, Geoffroy; Cornot-Gandolphe, Sylvie

2013-06-01

This slide show presents in a first part the 2013 Situation of the European gas storage market (Capacity, Gas Demand vs. Gas Storage, Spreads and Volatility, LNG effect, Storage Price, Utilization of Storage Facilities, Security of supply). The future of European Gas Demand and Supply are presented in a second part (Demand and Supply Factors, Market Liberalization, Estimates of European UGS Needs by 2030, Planned Working Gas Capacities in Europe)

Integration of electricity markets in Europe. Relevant issues for Italy

International Nuclear Information System (INIS)

Creti, Anna; Fumagalli, Eileen; Fumagalli, Elena

2010-01-01

In this paper, we analyze the current trend towards a higher degree of market integration in Europe and identify those aspects that are particularly relevant for Italy. The Italian involvement in this process appears comparatively modest. A welfare analysis, which focuses specifically on the integration of the Italian market, will certainly be a useful support to any policy decision. We argue that, given the peculiarities of the Italian market design, a volume coupling solution could avoid, at the moment, the costs of what could be a significant harmonization effort and, in the end, it might constitute the best short-term strategy. This proposal should be adequately considered, taking into account the complexity of designing an efficient volume-only coordination procedure. (author)

THE DAY OF THE WEEK EFFECT IN SOUTH EASTERN EUROPE STOCK MARKETS

OpenAIRE

DRAGAN TEVDOVSKI; MARTIN MIHAJLOV; IGOR SAZDOVSKI

2012-01-01

The main aim of this research is to examine existence of day of the week effect on the stock market indices in five countries from South Eastern Europe (SEE): Bosnia and Herzegovina, Bulgaria, Croatia, Macedonia and Serbia in the most recent period which is characterized by the bear market (from 2006 to 2011). The methodology used the regression with dummy variables, or so called Analysis of Variance (ANOVA) model. In addition Wald test is applied. The results imply that the mean daily return...

Offshore wind market outlook in Northern Europe

Energy Technology Data Exchange (ETDEWEB)

Pimenta de Miranda, Wilfried; Trulsson, Ola; Ekloef, Eva-Britt; Niemenen, Karel

2010-08-15

After more than 10 years of slow developments, the offshore wind market is now accelerating. Thanks to a sustained political drive from UK and Germany, the rest of Northern Europe is now following the path as offshore wind is being recognized as one of the key resources available to the EU to meet its renewable energy ambitions. Exposed to increasing technical issues, rising costs and the financial crisis, lessons learned are now being shared and integrated throughout Europe and appropriate regulatory and planning reforms are now being deployed to speed the deployment of offshore wind. (Author)

Organic Bread Wheat Production and Market in Europe

DEFF Research Database (Denmark)

David, C.; Abecassis, J.; Carcea, M.

2012-01-01

yield under organic production. The choice of cultivar, green manure, fertilization and intercropping legumes – grain or forage – are efficient ways to obtain high grain quality and quantity. The economic viability of wheat production in Europe is also affected by subsidies from European Union agri......This chapter is a first attempt to analyse bottlenecks and challenges of European organic bread wheat sector involving technical, political and market issues. From 2000, the organic grain market has largely increased in Western Europe. To balance higher consumer demand there is a need to increase...... organic production by a new transition and technical improvement. Bread wheat is grown in a variety of crop rotations and farming systems where four basic organic crop production systems have been defined. Weeds and nitrogen deficiency are considered to be the most serious threat inducing lowest grain...

Market integration of cold and warmwater shrimp in Europe

DEFF Research Database (Denmark)

Ankamah-Yeboah, Isaac; Ståhl, Lisa; Nielsen, Max

2017-01-01

) holds in three of the five cases. For processed shrimp, the LOP holds in three of four integrated cases, and for retail sales in the UK and Denmark, the LOP fails to hold in the presence of market integration. Unprocessed coldwater shrimp leads the market in northern Europe. Downstream, prices adjust......This study examines market integration between the cold and warmwater shrimp value chain in the UK, Denmark, Italy, Sweden, and Norway using cointegration methods. For all countries, market integration exists between cold and warmwater unprocessed shrimp imports, where the law of one price (LOP...

Prospects for natural gas in Europe. Market potential, political intervention and technological options

International Nuclear Information System (INIS)

Kabelitz, K.R.

1997-01-01

The potential market demand, the emerging fundamental political intervention in the European gas and electricity markets and the technological options available will give the gas industry in Europe a different appearance at the beginning of the 21. century. One of the key questions is: will the political intervention and technological options and innovations assist and promote the realisation of market potential? At the moment, it cannot be stated definitely whether the currently available technological options will allow the significant cost reductions hoped for in the entire gas chain to become reality in good time. Under these circumstances, a major mismatch would emerge between the market potential predicted for natural gas in Europe and the actual market development. (R.P.)

Structural change in Europe's gas markets: three scenarios for the development of the European gas market to 2020

International Nuclear Information System (INIS)

Ellis, A.; Bowitz, E.; Roland, K.

2000-01-01

Against the background of the European Union's Gas Directive, and the emergence of new players and markets in Europe's gas sector, this paper explores how company actions could shape the future for the gas industry. Starting with an examination of company strategies this paper develops three scenarios for the future: a 'Gradual Transformation' scenario where a single European gas market develops that is essentially oligopolistic in nature; a 'Vertical Integration' scenario, where upstream and downstream gas companies merge to form a vertically integrated gas supplier; and a 'Pull the Plug' scenario, where the current market structure decomposes into a competitive market. These scenarios are examined in terms of their impact on gas prices, demand and the distribution of gas rent along the supply chain. The paper highlights the fact that the EU's gas Directive is not sufficient for the introduction of competition into Europe's gas markets, but that company actions will be the key determinant, and they may favour alternative market structures. (Author)

Qatar chooses Snam to market LNG in Europe

International Nuclear Information System (INIS)

Anon.

1992-01-01

This paper reports that Qatar has chosen Italy's Snam SpA as its European partner to sell liquefied natural gas to Europe from a $4.8 billion joint venture project involving supergiant North offshore gas field. State owned Qatar General petroleum Corp. (QGPC) and Snam signed an agreement in Doha to create a joint company owned 65% by QGPC and the remainder by Snam. Italy's state electricity monopoly, ENEL, which is seeking Qatari gas a fuel for its power plants, may later acquire part of Snam's interest in the project. The joint venture will transport and market North LNG to Europe. Exports to Europe by Snam via Italy, to begin in 1997, are expected to be 283 bcf/year at first and may climb to 459 bcf/year, depending upon demand

Modeling and forecasting office investment markets in Central and Eastern Europe

NARCIS (Netherlands)

Hoefmans, M.P.; Janssen, I.I.; Chorus, C.G.

2008-01-01

Property markets in Central and Eastern Europe experienced turbulent developments since the collapse of the Soviet Union and the ensuing abolition of communism in the Central and Eastern European region. This paper examines the evolution of office investment markets in Prague, Budapest, Warsaw, and

Is Europe 'Giving in to Baby Markets'? Reproductive Tourism in Europe and the Gradual Erosion of Existing Legal Limits to Reproductive Markets

NARCIS (Netherlands)

van Beers, B.C.

2015-01-01

The main question in this article is how national legal orders in Europe, given their often restrictive laws on reproductive markets and assisted reproductive technologies (ARTs), are currently responding and should respond to reproductive tourism, in light of the fact that access to foreign

Electricity market liberalisation in Europe. Who's got the power?

International Nuclear Information System (INIS)

Lise, W.; Linderhof, V.

2004-10-01

The European electricity market is in the middle of a transformation from monopolistic state-owned production and distribution to privatised markets, with various competing firms. The speed of privatisation differs widely across Europe from full trade of electricity at the wholesale market in Scandinavian countries, to partial trade on the wholesale market in The Netherlands and Germany, and no trade on the wholesale market in France and Belgium. Hence, the market and its rules are no longer fixed, and the electricity market is in the middle of a dynamic and complex process of change. This report discusses whether the liberalisation process can result in more efficient electricity production in Europe. In addition, the environmental impacts of the liberalisation process are studied. Efficiency of electricity production is analysed with a static computational game theoretic model, which compares strategic options of and interactions among energy suppliers. This model is calibrated to the European electricity market in eight countries, namely Belgium, Denmark, Finland, France, Germany, The Netherlands, Norway, and Sweden. In a liberalised market, large firms are most likely to behave strategically and exercise market power in order to maximise profits. As a result, wholesale prices might increase, partially or fully off-setting the purpose of liberalisation, namely to decrease wholesale prices. Also, a potential market leader may emerge, who by anticipating on the reaction of followers, could acquire higher profits by increasing production and market share. Finally, firms can also acquire passive ownership in other firms. Passive cross-border ownership can increase a firm's market power and profits, resulting in even higher wholesale prices. The environmental impacts of different scenarios of producer behaviour are ambiguous. Under full competition, greenhouse gas emissions decline compared to the initial situation, while acidification and smog formation increase. In

Market potential of nanoremediation in Europe - Market drivers and interventions identified in a deliberative scenario approach.

Science.gov (United States)

Bartke, Stephan; Hagemann, Nina; Harries, Nicola; Hauck, Jennifer; Bardos, Paul

2018-04-01

A deliberate expert-based scenario approach is applied to better understand the likely determinants of the evolution of the market for nanoparticles use in remediation in Europe until 2025. An initial set of factors had been obtained from a literature review and was complemented by a workshop and key-informant interviews. In further expert engaging formats - focus groups, workshops, conferences, surveys - this initial set of factors was condensed and engaged experts scored the factors regarding their importance for being likely to influence the market development. An interaction matrix was obtained identifying the factors being most active in shaping the market development in Europe by 2025, namely "Science-Policy-Interface" and "Validated information on nanoparticle application potential". Based on these, potential scenarios were determined and development of factors discussed. Conclusions are offered on achievable interventions to enhance nanoremediation deployment. Copyright © 2017 Elsevier B.V. All rights reserved.

MAIN TRENDS OF DERIVATIVES’ MARKET DEVELOPMENT IN CENTRAL AND EASTERN EUROPE

Directory of Open Access Journals (Sweden)

Kostiantyn Vozianov

2015-11-01

Full Text Available The aim of the study is to examine the factors of formation and development of the derivatives market in Central and Eastern Europe (CEE, to analyze the features of the organization and functioning of these markets, as well as to identify modern trends of development of the derivatives markets of CEE. The methodological basis of the study are historical and logical and systematic approach to the analysis of economic phenomena and processes in national and global environment. The study was conducted using the methods: qualitative and quantitative comparison, factor and structural analysis. Results. The development of the CEE derivatives market is characterized by: rapid growth of derivatives trading for the past two decades; high concentration of trading volumes on the stock market; offering a wide range of derivative products allowing investors to effectively hedge risk or get exposure; exchange consolidation; tendency to increased use of modern telecommunication technologies etc. The key problems of CEE derivatives market are low liquidity and international profile of exchanges and the lack of domestic investors for achieving the desired depth of the market. Practical implications. Research of the derivatives market makes it possible to understand more about the mechanism of functioning of the modern financial sector. In our opinion, special attention should be paid to CEE countries, where the development of the derivatives market began in the 1990s. To date, they are understudied, although they have considerable growth potential and in the future can compete on equal terms with Western European and American markets. Moreover, the starting conditions of development of the derivatives market in the CEE countries are more similar to the market of Ukraine and could be useful in terms of adapting good practices.

Political and Economic Scope for Permit Markets in Europe

DEFF Research Database (Denmark)

Svendsen, Gert Tinggaard

1999-01-01

(organized polluters) due to the possibility of a free, initial distribution (grand-fathering). As such, a mix of green taxes (in relation to non-organized interests) and grandfathered permit markets (in relation to organized interests) should be considered in the search for cost-effective and politically...... of permit markets in the US. Therefore, the policy recommendation for e.g. CO2 reduction in Europe is to apply taxation in relation to large and non-organized groups only, such as households and the transportation sector. A permit market, on the other hand, is politically more attrac-tive to the industry...

Solar thermal technology and market in Europe

International Nuclear Information System (INIS)

Sabba, S.

2000-01-01

The solar heating industry in Europe has reached maturity after more than two decades of technical development. High quality systems are now available with reliability and durability of the products being assured. The European solar market, now the world's largest, has been growing since the late 1980s, despite the fact that conventional energy sources are usually available and inexpensive. This is a new phenomenon and marks the beginning of changes in energy supply and consumption that will be experienced throughout the world in this new century. Almost 10 million square metres of solar thermal collectors now exist in Europe saving more than 1.5 million tonnes of CO 2 emissions and about 500,000 tonnes of oil. The solar heating industry has created some 10,000 jobs. (author)

How effective is the invisible hand? Agricultural and food markets in Central and Eastern Europe

OpenAIRE

Brosig, Stephan; Hockmann, Heinrich

2005-01-01

This volume of proceedings, available both as hard copy and pdf , is a compilation of selected contributions to the IAMO Forum 2005, which will be held in Halle (Saale), Germany, at the Institute of Agricultural Development in Central and Eastern Europe from June 16-18, 2005. CONTENTS: Agricultural and food markets in Central and Eastern Europe: An introduction; Stephan Brosig, Heinrich Hockmann. Agricultural markets in CEE - An overview; József Popp. Regoverning agrifood markets in CEEC - Po...

Coal transport demand in Western Europe and Japan: Impacts of energy market liberalisation and climate policy

International Nuclear Information System (INIS)

Golombek, Rolf; Kittelsen, Sverre A.C.; Maestad, Ottar

2005-12-01

Western Europe and Japan are among the main importers of coal. Climate policies following the Kyoto agreement are creating pressure to substitute away from coal and turn to less emission intensive energy sources. At the same time, liberalizations of energy markets in Europe and Japan are likely to cause reduced electricity prices, which will boost the overall demand for electricity. This paper analyses the combined effect of electricity market liberalization and climate policies on the international coal trade. Using the numerical equilibrium model LIBEMOD, we find that while liberalization of electricity markets will imply a large increase in aggregate coal transport demand, the negative impact of climate policies may be even larger, in particular if Russia and Ukraine utilise their market power in the market for emission permits. If this market power is exploited, the total effect of liberalisation and climate policy - when including the impact of general economic growth - is a 20% reduction in aggregate coal transport between 2000 and 2010. Further, impacts differ markedly between Western Europe and Japan. A main difference is that liberalisation has a much more positive - and climate policies have a much stronger negative - impact on steam coal demand in Western Europe than in Japan

Electric power markets in Europe 1993; Elmarknaderna i Europa 1993

Energy Technology Data Exchange (ETDEWEB)

Hermanson, K; Lublin, Z; Olofsdotter, A; Petsala, B; Wuolikainen, T

1993-12-01

The development of power markets in Europe is described. Special attention is devoted to the development in France, Germany, Denmark, Finland and Norway. The planned deregulation of the Swedish electric power market will promote an increased trade with electricity across the border. The possibilities and consequences of this trade is elucidated. Also given is a compilation of electric power prices for different groups of consumers, and the differences among European countries. 7 figs, 26 tabs

How may CCS technology affect the electricity market in North-Western Europe?

International Nuclear Information System (INIS)

Seebregts, A.J.; Groenenberg, H.

2008-11-01

The EU electricity market is changing. Electricity demand in Europe is on the rise, the power plant fleet is aging, and a large share of the capacity will need to be replaced in the coming decades. An ambitious target has been formulated for the share of renewable energy, and CO2 prices are anticipated to increase. On top of this, CO2 Capture and Storage (CCS) has appeared as an important technology in the transition to a long term sustainable energy supply. This paper discusses the implications of all the fore-mentioned developments for the EU electricity market, with an emphasis on the Northwest European market. On the whole, electricity prices in the Northwestern part of Europe are anticipated to increase until 2020, but this may only partly be ascribed to the pending introduction of CCS

THE DAY OF THE WEEK EFFECT IN SOUTH EASTERN EUROPE STOCK MARKETS

Directory of Open Access Journals (Sweden)

MARTIN MIHAJLOV

2012-09-01

Full Text Available The main aim of this research is to examine existence of day of the week effect on the stock market indices infive countries from South Eastern Europe (SEE: Bosnia and Herzegovina, Bulgaria, Croatia, Macedonia and Serbiain the most recent period which is characterized by the bear market (from 2006 to 2011. The methodology used theregression with dummy variables, or so called Analysis of Variance (ANOVA model. In addition Wald test is applied.The results imply that the mean daily return of the all five SEE indices is negative on Monday. The day of the weekeffect is found only in Croatian and Bulgarian Stock Market. In both stock markets, the mean daily returns of theleading indices are lower on Monday than the other days of the week and the results are statistically significant. Thelower Monday mean daily returns are found also in Macedonian stock exchange index, but the results are notstatistically significant. The mean daily returns of BELEX15 and BIFX indices in Tuesday are lower than mean dailyreturn on Monday, but also without statistical significance.

Creating markets for air pollution control in Europe and the USA

International Nuclear Information System (INIS)

Klaassen, G.; Nentjes, A.

1997-01-01

This paper surveys recent efforts to relax the rigid regulatory frameworks for air pollution control in Europe and the USA. European policies have mainly taken the form of bubbles and compensation or offset schemes. Emission trading has been limited to intra-firm solutions for various reasons: industry structure, absence of real scarcity, and too restrictive trading rules. Bubbles have been granted to homogenous sectors only and can be characterized as direct regulation for a group rather than tradeable permit systems. By contrast, the sulphur allowance program in the USA has laid down the foundation for a pollution permit market with few formal restrictions. Problems that arise arc mainly related to local environmental and public utility controls. Europe can learn from the USA that regular national permit markets could be installed, preferably for homogenous sectors. In designing the permit system, the differences between the USA and Europe in terms of ecosystem sensitively, stringency of regulation and differentiation of regional environmental policy have to be taken into account. 1 fig., 2 tabs., 54 refs

Medium and high voltage power cables market in Europe

International Nuclear Information System (INIS)

Kupiec, M.

1992-06-01

This note gives an overview of the European market for medium and high voltage power cables. In this text, emphasis is placed on suppliers and important European clients; there is also a brief review of the different techniques for cable laying and utilization in Europe. This not has mainly been drafted from informations supplied by EUROPACABLE

Europe's Common Market: Natural gas sector normatives and certification

International Nuclear Information System (INIS)

Musazzi, V.

1992-01-01

Europe's Common Market offers an interesting challenge to its member countries' natural gas distribution system operators in that which regards the creation of a European-wide natural gas control board, and European standardization and regulatory committees contemporaneously guaranteeing a free market for suppliers, as well as, consumer protection. Relative legislation and normatives activities will be deemed the responsibility of the European administrative structure and the the European Normatives Committee respectively. This paper briefly illustrates the progress that has been accomplished thus far in the standardization of technical aspects. Focus is on the certification of natural gas distribution system constructors

Natural gas industry in USSR and in Central Europe: Domestic market and exports

International Nuclear Information System (INIS)

Kousnetzoff, N.

1993-01-01

This paper strikes the balance of natural gas industry in USSR and Central Europe and the state of domestic market and exports: natural gas accounting in Eastern Europe before the crisis, production capacity of the former USSR, impacts of crisis on natural gas consumption and long term forecasts are the main subjects described. 2 tab

Distributed generation and distribution market diversity in Europe

International Nuclear Information System (INIS)

Lopes Ferreira, H.; Costescu, A.; L'Abbate, A.; Minnebo, P.; Fulli, G.

2011-01-01

The unbundling of the electricity power system will play a key role on the deployment of distributed generation (DG) in European distribution systems evolving towards Smart Grids. The present paper firstly reviews the relevant European Union (EU) regulatory framework: specific attention is paid to the concept of unbundling of power distribution sector in Europe. Afterwards, the focus is on the current state of penetration of DG technologies in the EU Member States and the corresponding interrelations with distribution features. A comparison between the unbundling of the distribution and supply markets using econometric indicators such as the Herfindahl-Hirschmann (I HH ) and the Shannon-Wiener (I SW ) indices is then presented. Finally, a comparative analysis between these indices and the current level of penetration of distributed generation in most EU is shown; policy recommendations conclude the paper. - Highlights: →The EU regulatory framework and the concept of unbundling are addressed. →A comparison between the unbundling of the distribution and supply markets is shown. →The Herfindahl-Hirschmann and the Shannon-Wiener econometric indices are applied. →A comparison between the indices and the penetration level of DG in EU is presented. →A comparison between the indices and the penetration level of DG in EU is presented.

Soltherm Europe Initiative: Joining forces to expand solar markets, fast

International Nuclear Information System (INIS)

Leun, K. van der

2001-01-01

The article describes the partnership formed by the European Commission and the Europe-wide Soltherm Europe Initiative. The Initiative was formed in response to the Commission's aims to extend the use of solar energy. Ten countries and two international bodies make-up membership of the Initiative. For the Commission's target of 100 million square metres of solar collectors to be installed by 2010, a rapid growth in the market will need to occur. The potential savings in energy and carbon dioxide (through solar water heaters) are discussed, and figures given. The market development options for achieving the short-term goal of 15 million square metres of collector surface by 2004, and the longer-term aim of 100 million square metres by 2010 are discussed. The Initiative aims to be a platform for integration and promoting co-operation between all parties with an interest in achieving the Commission's solar objectives. Interested parties are invited to join the Initiative

People, markets, opinions. PR in Europe - communication for the future

International Nuclear Information System (INIS)

1989-01-01

The subject ''Europe after 1992'' is topical and unavoidable for all social spheres and thus poses a great challenge to public relations. In various discussion groups and special contributions the following topics are dealt with: new ways in communication, the financial market Germany within the Single European Market, public relations for the power-producing industry including nuclear power, the issue of private television broadcasting companies and that of the critical stance of the public in matters concerning the environment and the chemical industry. (DG) [de

Failures to further developing orphan medicinal products after designation granted in Europe: an analysis of marketing authorisation failures and abandoned drugs.

Science.gov (United States)

Giannuzzi, Viviana; Landi, Annalisa; Bosone, Enrico; Giannuzzi, Floriana; Nicotri, Stefano; Torrent-Farnell, Josep; Bonifazi, Fedele; Felisi, Mariagrazia; Bonifazi, Donato; Ceci, Adriana

2017-09-11

The research and development process in the field of rare diseases is characterised by many well-known difficulties, and a large percentage of orphan medicinal products do not reach the marketing approval.This work aims at identifying orphan medicinal products that failed the developmental process and investigating reasons for and possible factors influencing failures. Drugs designated in Europe under Regulation (European Commission) 141/2000 in the period 2000-2012 were investigated in terms of the following failures: (1) marketing authorisation failures (refused or withdrawn) and (2) drugs abandoned by sponsors during development.Possible risk factors for failure were analysed using statistically validated methods. This study points out that 437 out of 788 designations are still under development, while 219 failed the developmental process. Among the latter, 34 failed the marketing authorisation process and 185 were abandoned during the developmental process. In the first group of drugs (marketing authorisation failures), 50% reached phase II, 47% reached phase III and 3% reached phase I, while in the second group (abandoned drugs), the majority of orphan medicinal products apparently never started the development process, since no data on 48.1% of them were published and the 3.2% did not progress beyond the non-clinical stage.The reasons for failures of marketing authorisation were: efficacy/safety issues (26), insufficient data (12), quality issues (7), regulatory issues on trials (4) and commercial reasons (1). The main causes for abandoned drugs were efficacy/safety issues (reported in 54 cases), inactive companies (25.4%), change of company strategy (8.1%) and drug competition (10.8%). No information concerning reasons for failure was available for 23.2% of the analysed products. This analysis shows that failures occurred in 27.8% of all designations granted in Europe, the main reasons being safety and efficacy issues. Moreover, the stage of development

Pre-market clinical evaluations of innovative high-risk medical devices in Europe.

Science.gov (United States)

Hulstaert, Frank; Neyt, Mattias; Vinck, Imgard; Stordeur, Sabine; Huić, Mirjana; Sauerland, Stefan; Kuijpers, Marja R; Abrishami, Payam; Vondeling, Hindrik; Flamion, Bruno; Garattini, Silvio; Pavlovic, Mira; van Brabandt, Hans

2012-07-01

High-quality clinical evidence is most often lacking when novel high-risk devices enter the European market. At the same time, a randomized controlled trial (RCT) is often initiated as a requirement for obtaining market access in the US. Should coverage in Europe be postponed until RCT data are available? We studied the premarket clinical evaluation of innovative high-risk medical devices in Europe compared with the US, and with medicines, where appropriate. The literature and regulatory documents were checked. Representatives from industry, Competent Authorities, Notified Bodies, Ethics Committees, and HTA agencies were consulted. We also discuss patient safety and the transparency of information. In contrast to the US, there is no requirement in Europe to demonstrate the clinical efficacy of high-risk devices in the premarket phase. Patients in Europe can thus have earlier access to a potentially lifesaving device, but at the risk of insufficiently documented efficacy and safety. Variations in the stringency of clinical reviews, both at the level of Notified Bodies and Competent Authorities, do not guarantee patient safety. We tried to document the design of premarket trials in Europe and number of patients exposed, but failed as this information is not made public. Furthermore, the Helsinki Declaration is not followed with respect to the registration and publication of premarket trials. For innovative high-risk devices, new EU legislation should require the premarket demonstration of clinical efficacy and safety, using an RCT if possible, and a transparent clinical review, preferably centralized.

Electrifying integration Electricity production and the South East Europe regional energy market

International Nuclear Information System (INIS)

Hooper, Elizabeth; Medvedev, Andrei

2009-01-01

The paper provides an overview of the generation of electricity in 10 countries in South East Europe during 1995-2004. Using the latest available statistics, we explore the potential of the nascent integration of the electricity markets in South East Europe. We conduct a cross-country analysis of electricity production based on different types of fuel used. The region has a low level of gasification combined with few nuclear power generation facilities, while some countries heavily rely on hydro electric generation. Differences in countries' resource endowment and the possibility of intertemporal substitution between electricity generated from various fuels could stimulate a regional trade in electricity. As an alternative to nationally independent energy policy, regional trade could displace a proportion of the substantial investment in generation facilities required to avert serious supply shortages. Finally, we consider the environmental impact of electricity generation, and identify some of the key trade-offs between different policy objectives. (author)

The Social, Educational, and Market Scenario for nZEB in Europe

Directory of Open Access Journals (Sweden)

Evangelia Topriska

2018-03-01

Full Text Available Nearly Zero Energy Buildings (nZEB are a significant part of the energy efficiency strategy of the European Union. As buildings represent approximately 40% of the final energy use in Europe, the reduction of their energy demand is key for a sustainable future. This paper takes a qualitative approach and presents data about professional and market barriers, as well as the educational market in relation to the implementation of nZEB policies for new and retrofit buildings in 11 European countries. Different levels of policy enactments and market penetration are reported and are generally found to be more advanced in western and central European countries. Furthermore, gender equality is examined in the building sector in relation to nZEB and presents significant gaps, with a more balanced situation reported in southern Europe. The accreditation and targeted education of nZEB experts is still almost non-existent in the examined countries, and the need for training of building professionals is highlighted as a critical missing component of current policy. This research aims to be the first step towards the creation of educational material and programmes as a mean to accelerate the transition to nZEB.

THE SPECIFIC MARKET RESEARCH METHODOLOGY USED AT GENERAL MOTOR'S EUROPE ,

Directory of Open Access Journals (Sweden)

Zima Liliana Adela

2011-12-01

Full Text Available As difficult as segmenting consumer markets is, it is much simpler and easier than segmenting industrial markets. Often the same industrial products have multiple applications; likewise, several different products can be used in the same application. Customer differ greatly, and it is hard to discern which differences are important and which are trivial for developing a marketing strategy. Making the research at General Motor's Europe I realized that the most industrial marketers use segmentation as a way to explain results rather than as a way to plan. In fact, industrial segmentation can assist companies in several areas like: analysis of the market, selection of key markets and management and marketing. In this study I tried to make a better understanding of the total marketplace, including how and why customers buy and to develop strategies, plans and programs to profitability meet the needs of different market segments and to give the company a distinct competitive advantage. The Marketing Plan is based on an Information System which can be interpretaded in two different ways. In this case its singular form focusing on both formal and informal information system is appropriate. The investigation explains the environment of the European Business Team . The techniques used were: system maps, observations, interviews, questionnaires and company documents. The initial stage of exploring the situation starts usually with a dialog between the potential client - in this particular case the European Business Team – and the analyst. The vague impression is then given that not everything is running as it should be by the client. This was, however, not completely true in my case, as I had to go looking for problems. Preliminary investigations into product communication did show a feeling of unease between the departments. Having expressed the current situation of the European Business Team , I then chose three areas to study further. I had to

Market and Money: Economic Instruments of Political Europe

Directory of Open Access Journals (Sweden)

Florina Pînzaru

2006-10-01

Full Text Available By the creation of the unique currency, the European construction advanced, in the late twenty years, more in economic terms than in political ones. Still, at a closer look there can be found interesting arguments to sustain the idea of a political background for this surprising economic acceleration. Creating the common market and a new currency are things which have been possible only because of favourable factors in economy and of strong political will. This paper analyses the market as a frame of a political construction, and euro as a decisive tool for the purpose of the United Europe. For the first time in history, there is a space which approaches beliefs and values with the “help” of a currency, integrated in the political agenda.

The nonutilisation of human capital in regional labour markets across Europe

NARCIS (Netherlands)

Elhorst, JP

In this paper the author investigates the extent to which regional Europe exceeds its minimum level of nonemployment by estimating a stochastic frontier model. This surplus is called the 'inefficiency of regional labour markets'-the degree to which potential labour-force resources among the

Integration project of regional markets in Europe (European directive); Proyecto de integracion de mercados regionales en Europa (Directva europea)

Energy Technology Data Exchange (ETDEWEB)

Gonzalez Fernandez-Castaneda, J. J.

2010-07-01

The article presents the current situation of the Day-Ahead electricity markets in the different countries and Regions along West Europe. It describes the different possibilities applied to congestion management in the borders between countries and price areas, and the options employed to couple Day-ahead markets to form regional markets in Europe. Finally, it presents the initiative to Price couple Regional markets (PCR) that is being developed by Nord pool spot, EPEX Spot and OMEL with the objective to advance towards the integration of the markets that they operate in the internal Electricity Market. (Author)

STATE AND DEVELOPMENT PROSPECTS OF GERMANY CONSULTING MARKET IN THE CONTEXT OF EUROPE-WIDE TRENDS

Directory of Open Access Journals (Sweden)

K. Kovalska

2014-09-01

Full Text Available The paper deals with the actual state of consulting market in Germany. The structural configuration of the Germany consulting market on functional grounds, with the customer's branch, as well as geographically were analyzed. The main prospects of German consulting market development in the context of Europe-wide trends have been defined.

Passion and Exploitation Among Young Adults with Different Labor Market Status in Europe

Directory of Open Access Journals (Sweden)

Tuula Bergqvist

2015-06-01

Full Text Available The aim of this article is to describe and analyze the relationship between attitudes to work, wellbeing, and labor market status among young adults in Europe and to discuss the extent to which the relationship can be understood in terms of passion or exploitation. This aim is made concrete in the following research questions: To what extent do young adults in Europe have a passionate attitude to work? Are there differences between groups with various labor market status and nationalities? Are there differences in levels of well-being between the groups of young adults with different labor market status, and differences between the countries? The results are based on an individual survey conducted with three categories of young people (18–34 years old: long-term unemployed, those in precarious employments, and those regularly employed. The study had a cross-national comparative design and the countries included were France, Germany, Italy, Poland, Sweden, and Switzerland.

South-East Europe Regional Energy Market: challenges and opportunities for Romania

International Nuclear Information System (INIS)

Kennedy, D.

2005-01-01

The paper takes as its starting point the Athens Memorandum signed by countries of South-East Europe whereby a regional energy market in power and gas will be developed. The aim under the Athens Memorandum is that the South-East Europe Regional Energy Market (SEEREM) will be liberalized in a phased manner from 2005, and - ultimately - that this will form part of the EU's internal energy market. The subject of the paper is the extent to which Romania, one of the biggest countries in South-East Europe and traditionally a net energy exporter to the region, complies with requirements under the Athens Memorandum, and outstanding challenges related to successful SEREM accession. The paper argues that much progress has been made in energy sector reform in Romania: power prices have increased, payments discipline in the power sector has improved, independent regulators have been established for power and gas sectors, and power and gas utilities have been restructured. Nevertheless, a number of challenges remain if Romania is to fully benefit from participation in the SEEREM. Further power price increases will be required in the medium term, whilst payments discipline remains poor by industry best practice standards. In the gas sector, retail prices do not reflect border prices, and payments discipline remains a problem. The paper argues that gas price reform would likely have adverse affordability impacts, and proposes means to mitigate these through rationalization of existing social safety nets for gas and heat. On investment requirements, the paper notes that these are significant in power generation, and proposes a contract framework that would support mobilization of finance

Stock Market Liquidity: Comparative Analysis of Croatian and Regional Markets

Directory of Open Access Journals (Sweden)

Vladimir Benić

2008-12-01

Full Text Available On the Croatian stock market liquidity has never been in the focus of academic research thus we find it necessary to observe liquidity at the aggregate level. This paper observes multi-dimensional liquidity through the impact of turnover on price change together with several one-dimensional measures. In our empirical research we applythe illiquidity measureto seven different stock markets. We focus on the Croatian stock market as compared to other markets in the Central and Eastern Europe and German market. The results of the research indicate a substantial level of illiquidity in the Croatian and other developing markets.

ECO-DRIVING Europe - building the frame for a European market for eco-driving

International Nuclear Information System (INIS)

Raimund, Willy; Fickl, Stephan

2003-01-01

Due to rapidly increasing greenhouse gas emissions, the transport sector is a key issue in any sustainability and climate strategy. Still, it is the one most difficult to deal with because of it's complexity and direct impact on everybody's life. Innovative transport technologies can significantly contribute to reducing emissions and energy use, but there is also a need for behavioural changes to turn down energy demand, especially in individual motorised transport. One of the most cost-effective measures in this field is Ecodriving, an energy efficient and road safety improving driving style. Nowadays, there are several stand-alone initiatives in Europe. But to strengthen Ecodriving and increase its market share it needs: - an overview of existing offers and facilities, - pilot projects with different target groups, - training courses (both for novice drivers and experienced road users), - quality standards, - scientific proof of the various benefits, - awareness raising and marketing. That's why ECO-DRIVING Europe has been initiated by the main stakeholders in Europe. It aims to change the behaviour of drivers by using technological developments, influencing legislation and supporting long term driving and mobility culture change. The Europe-wide ECO-DRIVING project (www.ecodrive.org ) tries to reach this goal by integrating Ecodriving into various policy fields such as energy, climate change, road safety, local environment, sustainable transport and legislation for driver licence procedures. By decreasing greenhouse gas emission by 10-20% compared to normal driving, Ecodriving can considerably contribute to reduce energy demand in transport and fight climate change. Keywords ECO-DRIVING, sustainable transport, energy efficiency, behavioural change, market penetration, environmental and economic benefits, road safety

Development of wood pellets market in South East Europe

Directory of Open Access Journals (Sweden)

Glavonjić Branko D.

2015-01-01

Full Text Available The paper presents the results of researching wood pellets market in nine countries in South East Europe and Slovakia. Objective of the research was to observe the actual situation regarding the number of producers, size of installed capacities, production volume, foreign trade flows and existing problems and obstacles which significantly limit the sustainable development of wood pellets market in the selected countries. Selection of such an objective results from the fact that according to the stated elements there are no sufficiently reliable data, wherefore this region is a huge gap in numerous reports of international and national organizations and institutions. Results of the conducted research show that in the middle of 2014, 245 producers were engaged in wood pellets production in South East Europe and Slovakia, 116 of which were located in Bulgaria and Serbia. Most of the producers of wood pellets has installed capacities of 1,000-5,000 tons annually, while only 18 factories in the entire region have the installed capacity over 30,000 tons/year. Observed collectively in all stated countries, the total installed capacities for wood pellets production were 2.2 million tons in 2013 and the realized production was 1.36 million tons. The largest part of the produced amounts of wood pellets in this region is exported. 1.06 million tons were exported from the region in 2013, which is 77.9% of the realized production. Such high export is the result of the underdevelopment of the local market (Slovenia is the only exception and the problems which exist and limit its faster development in most countries.

An Empirical Analysis Of Stock Returns And Volatility: The Case Of Stock Markets From Central And Eastern Europe

Directory of Open Access Journals (Sweden)

Okičić Jasmina

2015-04-01

Full Text Available The main goal of this paper is to investigate the behaviour of stock returns in the case of stock markets from Central and Eastern Europe (CEE, focusing on the relationship between returns and conditional volatility. Since there is relatively little empirical research on the volatility of stock returns in underdeveloped stock markets, with even fewer studies on markets in the transitional economies of the CEE region, this paper is designed to shed some light on the econometric modelling of the conditional mean and volatility of stock returns from this region. The results presented in this paper provide confirmatory evidence that ARIMA and GARCH processes provide parsimonious approximations of mean and volatility dynamics in the case of the selected stock markets. There is overwhelming evidence corroborating the existence of a leverage effect, meaning that negative shocks increase volatility more than positive shocks do. Since financial decisions are generally based upon the trade-off between risk and return, the results presented in this paper will provide valuable information in decision making for those who are planning to invest in stock markets from the CEE region.

Integration of Capital Markets from Central and Eastern Europe: Implications for EU Investors

Directory of Open Access Journals (Sweden)

Alexandra HOROBET

2014-04-01

Full Text Available Our paper investigates the extent of capital market co-movements between three emerging markets Czech Republic, Hungary and Poland and three developed markets from the European Union – Austria, France and Germany. We test whether an increase in correlations between the six markets took place in recent years, as revealing higher integration of capital markets in the region. We find a statistically significant positive trend in cross-market correlations between 1999 and 2008, before the emergence of the global financial crisis. Movements in national stock markets are not fully synchronized, but increases in market volatilities lead to increases in cross-country correlations. There is a long-term relationship between some of these countries capital markets, and information is transmitted from one market to the other. Our findings confirm previous studies and lead to the conclusion that stock markets from Central and Eastern Europe became more integrated with the developed markets in European Union.

Market Concentration and Profitability of the Grocery Retailers in Central Europe

Directory of Open Access Journals (Sweden)

Jindřich Špička

2016-06-01

Full Text Available The aim of the article was to internationally compare the market concentration of grocery retailers in the six countries of Central Europe – Austria, Czech Republic, Germany, Hungary, Poland and Slovakia. The market concentration was measured by CR4 ratio, Herfindahl-Hirschman Index and the GRS index. Data covered the period 2010 – 2015. The secondary data came from the Euromonitor International and Bureau van Dijk databases. The results showed that the market structure of the Central European grocery retailers has mostly a character of asymmetric oligopoly. The pairwise correlation did not reveal any strong relationship between the market power and profitability of the grocery retailers. The Central European grocery market is controlled by strong national retail chains and multinational companies which operate modern grocery retail formats. However, traditional grocery retailers are still popular in Hungary while traditional individual grocers in other countries are disappearing or gradually joining the networking system based on franchising.

Impacts of market liberalisation on the EU gas industry. The Shared Analysis project Energy Policy in Europe and Prospects to 2020. Volume No. 9

International Nuclear Information System (INIS)

Van Oostvoorn, F.; Boots, M.G.

1999-10-01

This final report presents the results of the analyses at relevant trends and features in the EU gas market enabling or limiting more competition. The study focuses in particular on the possible impacts of the implementation of the EU Gas Directive and subsequently of the expected effects of increasing competition and further integration of gas markets in Europe. The study is conducted in the framework of the Shared Analysis project entitled 'Economic Foundations for Energy Policy', coordinated by FhG-ISI and prepared for the European Commission Directorate General for Energy. The report contains an analysis of the recent changes in the structure of gas demand and the supply and its consequences for enhancement of competition in the EU gas market. lt discusses the role of growing gas demand, changing structure of the supply industry and access to the network. Next, the implementation of the EU Gas Directive is discussed. In order to deal with the uncertainty in the results of the implementation process, two extreme institutional scenarios for future development of the liberalisation process in the EU gas markets are formulated. Finally, the consequences of these two gas market liberalisation scenarios are analysed. Note that part of the conclusions of the expected effects of the Directive, i.e. the expected changes in gas prices and market structures, are based on a model analysis. However, it should be clear that at this stage our conclusions presented in this report are still of a tentative nature. Note also that the final report is based on an extensive collection of EU gas market data both on country and company level, which was described in the first interim report entitled 'The natural gas market in the European Union'. A second interim report was drafted with an energy policy interpretation of the analyses of data and developments over the past ten years. Furthermore, at this moment, facts, opinions and available data are rapidly changing in the beginning of

Liberalization and enlargement: impacts on the industrial organisation of natural gas markets in Eastern Europe

International Nuclear Information System (INIS)

Pirovska, M.

2004-01-01

In 2004, the EU has opened its commercial natural gas industry to competition, while eight former socialist countries have become member states. This ongoing institutional evolution is expected to have a great impact on the industrial organisation of the East European natural gas markets. Specificities and rigidities of the transport networks, as well as strong import dependency may in fact weaken the security of supply and confirm that natural gas is strongly affected by geopolitical constraints. By levering on an analysis of structure and strategies across natural gas markets in Eastern Europe, this dissertation explores the stakes of integration and liberalization on the industrial organisation of European natural gas and reveals the risk of an emerging oligopoly, and the cooperation between dominant players. Our main contention is that this evolution could possibly hinder network interconnection thereby thwarting the achievement of an integrated and single competitive natural gas market in the Union. (author)

Natural gas market in Europe

International Nuclear Information System (INIS)

Mons, L.

2001-07-01

The natural gas market is opened to competition since August 2000. The economical impact of this new situation remains moderate in 2001 because the conditions of competition are not fulfilled everywhere. In France, for instance, the European directive on markets deregulation has not been transposed yet and the conditions of access of third parties to the national gas network have not been clearly defined. In this context of uncertainties, several questions remain unanswered. This study draws out a precise status of the situation of the 7 main European gas markets. It comprises also an analysis of the behaviour and strategy of the 18 main actors of this sector. (J.S.)

Comparing Generic Drug Markets in Europe and the United States: Prices, Volumes, and Spending.

Science.gov (United States)

Wouters, Olivier J; Kanavos, Panos G; McKEE, Martin

2017-09-01

Policy Points: Our study indicates that there are opportunities for cost savings in generic drug markets in Europe and the United States. Regulators should make it easier for generic drugs to reach the market. Regulators and payers should apply measures to stimulate price competition among generic drugmakers and to increase generic drug use. To meaningfully evaluate policy options, it is important to analyze historical context and understand why similar initiatives failed previously. Rising drug prices are putting pressure on health care budgets. Policymakers are assessing how they can save money through generic drugs. We compared generic drug prices and market shares in 13 European countries, using data from 2013, to assess the amount of variation that exists between countries. To place these results in context, we reviewed evidence from recent studies on the prices and use of generics in Europe and the United States. We also surveyed peer-reviewed studies, gray literature, and books published since 2000 to (1) outline existing generic drug policies in European countries and the United States; (2) identify ways to increase generic drug use and to promote price competition among generic drug companies; and (3) explore barriers to implementing reform of generic drug policies, using a historical example from the United States as a case study. The prices and market shares of generics vary widely across Europe. For example, prices charged by manufacturers in Switzerland are, on average, more than 2.5 times those in Germany and more than 6 times those in the United Kingdom, based on the results of a commonly used price index. The proportion of prescriptions filled with generics ranges from 17% in Switzerland to 83% in the United Kingdom. By comparison, the United States has historically had low generic drug prices and high rates of generic drug use (84% in 2013), but has in recent years experienced sharp price increases for some off-patent products. There are policy

The role of power exchanges for the creation of a single European electricity market: market design and market regulation

International Nuclear Information System (INIS)

Boisseleau, F.

2004-01-01

The electricity sector worldwide is undergoing a fundamental transformation of its institutional structure as a consequence of the complex interactions of political, economic and technological forces. The way the industry is organized is changing from vertically integrated monopolies to unbundled structures that favor market mechanisms. This process in Europe, known as the liberalization process, has had a wide impact on the European electricity industry. The focus of this dissertation is an analysis of the role of electricity power exchanges in the recently liberalized electricity markets of Europe. In the context of creating a competitive electricity market at a European level, the key questions considered are the functioning of these power exchanges with respect to electricity characteristics, market design and regulatory framework. In Europe, very little attention has been paid to the role of these new marketplaces and to the issue of market design in general. Hence the main purpose of this work was to analyze how these marketplaces facilitate the trading of electricity and the role they can play in the construction of a pan-European competitive electricity market. An analysis of power exchange requires taking into account the 'double-duality' of such institutions. One, power exchanges are both a market and an institution. As a market they facilitate the trading of electricity and determine an equilibrium price. As an institution power exchanges have their own objectives and constraints, and play a role in the market design of the overall electricity market. Two, the relationship between electricity power exchanges and liberalization is neither linear nor one way: liberalization encourages the birth of such marketplaces yet marketplaces are more than the results of such process, they are also a driving force of the liberalization process. This thesis is divided into three parts. The current situation in Europe and different existing theoretical approaches in

Generation Capacity Investments and High Levels of Renewables. The Impact of a German Capacity Market on Northwest Europe. Discussion paper

Energy Technology Data Exchange (ETDEWEB)

Ozdemir, O.; De Joode, J.; Koutstaal, P.R.; Van Hout, M. [ECN Policy Studies, Amsterdam (Netherlands)

2013-05-15

Presently, Northwest European centralised electricity markets are designed as 'energy-only' markets. In an energy-only market, the price received for electricity produced is set by the marginal generation unit. Potentially, the designs of these markets could leave the owners of these units with 'missing money': i.e. money that is required to recover investment cost. Further, increasing penetration of renewables could exacerbate this problem. Of all the different options available to tackle the 'missing money' problem, capacity mechanisms have attracted most of the attention in recent policy debates in Europe. This paper contributes to ongoing policy discussions by providing a quantitative analysis of the phenomena of 'missing money' and capacity mechanisms in Northwest Europe. Our analysis shows that in the case of energy-only markets with a much higher penetration of intermittent electricity sources such as wind and solar PV, the 'missing money' problem may be aggravated, because operating hours for peak and mid-merit order capacity will be considerably reduced. Furthermore, unilateral introduction of capacity mechanisms in integrated electricity markets can have considerable impacts on cross-border electricity flows and investment decisions. Stand-alone introduction of a capacity market in Germany will likely result in higher investments in Germany at the expense of lower investments outside Germany and an increase in net exports from Germany. A possible advantage of a unilateral capacity mechanism in Germany may be a reduction in super-peak prices in the larger market area. Thus, neighbouring countries may have the possibility to free ride on the increase in flexible capacity in Germany. However, this advantage is conditional and depends on sufficient availability of interconnection capacity necessary to be able to use this reserve capacity. Otherwise, security of supply might be more at risk if the German

Short-term and long-term Interconnectedness of stock returns in Western Europe and the global market

OpenAIRE

Panda, Ajaya Kumar; Nanda, Swagatika

2017-01-01

Background: The present study examines the short term dynamics and long term equilibrium relationship among the stock markets of 17 countries in Western Europe as well as the world market, using time series techniques. Methods: Weekly returns of market benchmark indices of the respective countries are used from the second week of 1995 to the fourth week of December 2013. Results: The study finds that the market returns of Austria, Belgium, the Netherlands, and France are relatively less dynam...

Globalization and Institutional Change : Are Emerging Market Economies in Europe and Asia Converging?

NARCIS (Netherlands)

Hoen, Herman W.

2014-01-01

It is often stated that globalization leads to a smaller world by institutional convergence. Politico-economic orders become alike across the world. The article analyzes institutional change triggered by the global financial crisis of 2008/2009 and compares developments in emerging markets in Europe

Youth labour market integration across Europe: The impact of cyclical, structural, and institutional characteristics

NARCIS (Netherlands)

Lange, M. de; Gesthuizen, M.J.W.; Wolbers, M.H.J.

2014-01-01

Young people in Europe face great difficulties nowadays when entering the labour market. Unemployment and temporary employment are high among youth, although considerable differences exist between European countries. In this article, we study to what extent cyclical, structural, and institutional

ATM in Europe: analysis of current status

DEFF Research Database (Denmark)

1999-01-01

This deliverable provides an overview of the current status of the European market for ATM services. The offer of ATM services by principal operators in Belgium, Denmark, Finland, France, Germany, Greece, Italy, Norway, Portugal, Spain, Sweden and United Kingdom is described. In addition, a number...... of international providers of ATM in Europe are presented....

Market conditions in Hungary, central europe

International Nuclear Information System (INIS)

Nagy, S.

2000-01-01

Paks Nuclear Power Plant is the only nuclear power plant in Hungary covering 38% of electricity consumption in the country. The nuclear electricity production of the four VVER440/213 type units in the year of 1999 was 14096 GWh, the second best result in the history of the company. After very detailed safety analyses Paks NPP started a safety upgrading program in 1996, and today the CDF values of the reactor units reached an internationally accepted value. The operational and safety culture and the level of safety was evaluated and reviewed by different international organizations like the IAEA, WENRA, WANO. Based on the conclusions of these international organizations the Paks plant w111 be ready for EU accession after the completion of the ongoing safety upgrading program. Capacity enhancement as a part of the preparation for the market conditions resulted a power upgrade around 20 MW for all four units. This way a relatively small investment in comparison with new installations resulted more efficient to market nuclear capacity. Last year the cost of a generated 1 kWh electricity was 5.98 Ft, which is still to be decreased in 2000. To upgrade the competitiveness of nuclear generation lots of efforts were done in the areas of plant management cost reduction, man-power efficiency upgrade. Un-bundling of activities not directly related to electricity generation in one hand, and more efficient cooperation with other VVER operators and the Hungarian Power Companies Ltd. in certain areas on the other hand are good examples for efficient steps in economic improvement. The company as one of the electricity producers also should follow the capabilities of producers in the neighboring countries like Slovakia and Ukraine, where electricity production is with government subsidiary. To find the right balance between the necessary investments and the market induced cost reduction is one of the most important task in Hungary in Eastern-Europe especially when the nuclear energy

Convergence of European spot market prices for natural gas. A Real-Time Analysis of market integration using the Kalman filter

International Nuclear Information System (INIS)

Siliverstovs, Boriss; Neumann, Anne

2005-01-01

This paper provides a textbook example of an econometric analysis of the integration between two commodity markets and the subsequent price convergence or absence thereof. We analyze price relations between spot markets for natural gas in Europe. The European market for natural gas is currently undergoing a liberalization process with the aim of creating a single, unified market. We use time-varying coefficient estimation models, applying the Kalman filter to test whether price convergence between different locations is really taking place. Our results reveal that the construction of a pipeline between the UK and Zeebrugge (Belgium) has lead to almost perfect price convergence between theses locations; on the other hand, liberalization on the European continent does not seem to be working so far. (Author)

Agora Energiewende (2016). The power market pentagon. A pragmatic power market design for Europe's energy transition

Energy Technology Data Exchange (ETDEWEB)

Buck, Matthias; Redl, Christian; Steigenberger, Markus; Graichen, Patrick

2016-04-15

As consequence of Europe's climate and energy agenda, the European Union will generate some 50 percent of its electricity from renewables by 2030. By 2050, the EU's power system will have to be completely carbon-free. Solar photovoltaics and wind power - driven by significant cost reductions - will almost certainly contribute the biggest share of the zero-carbon technologies. Given the specific characteristics of wind power and photovoltaics (intermittent generation, high capital costs, very low variable costs), they will fundamentally change both market operations and the market design framework. Decarbonisation rests on continuous investments in these technologies. Usually it is expected that the energy market will deliver these investments, in combination with the emissions trading system. But is this view, based on simple textbook economics, enough to enable the required investments under real world conditions? In this paper, we argue that this rather theoretical view to power market design is not the way forward. Instead, a more pragmatic approach is needed, that takes into account the complex practical, political, and economic challenges of the transition towards a carbon-free power system. Thus, we propose to think of the future European market design as a Power Market Pentagon.

Agora Energiewende (2016). The power market pentagon. A pragmatic power market design for Europe's energy transition

International Nuclear Information System (INIS)

Buck, Matthias; Redl, Christian; Steigenberger, Markus; Graichen, Patrick

2016-01-01

As consequence of Europe's climate and energy agenda, the European Union will generate some 50 percent of its electricity from renewables by 2030. By 2050, the EU's power system will have to be completely carbon-free. Solar photovoltaics and wind power - driven by significant cost reductions - will almost certainly contribute the biggest share of the zero-carbon technologies. Given the specific characteristics of wind power and photovoltaics (intermittent generation, high capital costs, very low variable costs), they will fundamentally change both market operations and the market design framework. Decarbonisation rests on continuous investments in these technologies. Usually it is expected that the energy market will deliver these investments, in combination with the emissions trading system. But is this view, based on simple textbook economics, enough to enable the required investments under real world conditions? In this paper, we argue that this rather theoretical view to power market design is not the way forward. Instead, a more pragmatic approach is needed, that takes into account the complex practical, political, and economic challenges of the transition towards a carbon-free power system. Thus, we propose to think of the future European market design as a Power Market Pentagon.

A Social Network Analysis of Tourist Movement Patterns in Blogs: Korean Backpackers in Europe

Directory of Open Access Journals (Sweden)

Hee Chung Chung

2017-12-01

Full Text Available Given recent developments in information and communication technology, the number of individual tourists enjoying free travel without the advice of travel agencies is increasing. Therefore, such tourists can visit more tourist destinations and create more complex movement patterns than mass tourists. These tourist movement patterns are a key factor in understanding tourist behavior and they contain various information that is important for tourism marketers. In this vein, this study aims to investigate tourist movement patterns in Europe. We acquired 122 data points from posts on the NAVER blog, which is the most famous social media platform in Korea. These data were transformed into matrix data for social network analysis and analyzed for centrality. The results suggest that Korean backpackers in Europe tend to enter Europe through London and Paris. Venezia and Firenze are also key cities.

The new Europe

International Nuclear Information System (INIS)

Richardson, J.

1991-01-01

This article examines the opportunities for business growth in an area of changing social, economic and political climate. The topics include existing political and economic ties, how these ties are evolving, comparisons between east and west, pollution and environmental issues, battery markets in eastern Europe, motive power, standby power, the transition of eastern europe to a market economy, and opportunities for the west

A modelling breakthrough for market design analysis to test massive intermittent generation integration in markets results of selected OPTIMATE studies

DEFF Research Database (Denmark)

Beaude, Francois; Atayi, A.; Bourmaud, J.-Y.

2013-01-01

The OPTIMATE1 platform focuses on electricity system and market designs modelling in order to assess current and innovative designs in Europe. The current paper describes the results of the first validation studies' conducted with the tool. These studies deal with day-ahead market rules, load...... flexibility, cross-border management and intermittent renewable support schemes with a view to better integrating large amounts of renewable energy in Europe. Market and system designs were assessed based on economic efficiency, security of supply2 and environmental impact3 indicators. These results give...

Wind energy market study Eastern Europe. Poland

International Nuclear Information System (INIS)

Skjerk Christensen, P.

1994-04-01

The main objective of the THERMIE Associated Measure WE05 is to study market conditions and estimate the market for wind power in Eastern Europe. This report describes the results of a study of the conditions in Poland, which has been concentrated on the following areas: wind energy potential in Poland; data concerning the present structure of the power production system including costs; payback prices, subsidies, etc. with relation to renewable energy sources, especially wind power; information on existing wine turbines and their production in Poland; possibilities for co-production of wind turbines by Polish and EC factories, and rules and legislation pertaining to the establishment of wind turbines and to power production by wind, eg regulations related to grid connection, safety and environment. According to existing data there are possibilities for using the wind potential in certain parts of poland. The wind data have to be improved if particular sites are considered for wind parks. The current official plans concerning the energy system have taken renewable sources into consideration, including wind power that is estimated to contribute ∼ 1 GWh by 2005-2010. Wind turbines may be connected to the public grid with due regard to the strength of the line. Presently, the owner has to pay all the costs, however, new rules are under consideration. The conditions for the connection and operation of wind turbines have to be discussed with the particular utility on an an-hoc basis. (EG)

Europe of energy: convergencies - complexity

International Nuclear Information System (INIS)

Chevalier, J.M. and others

2001-01-01

This issue of 'Economies et Societes' journal comprises 16 articles dealing with the evolution of European energy markets: the security of European petroleum supplies (P.R. Bauquis); the security of European natural gas supplies (J.M. Dauger); an empirical analysis of the power prices convergence in the European union (J.A. Vega-Cervera, A. Jurado-Malaga); the integration of European power markets, from the juxtaposition of national market to the establishment of a regional market (D. Finon); the fusions-acquisitions in the energy sector and the globalization impact (C.A. Michalet); the reorganization of power economics and the share of right (M.A. Frison-Roche); the European industry facing the new economy (J.M. Chevalier); the confidence stake of the traditional power operators (Y. Benamour, A. Bonanni); status and prospects of gas prices in continental Europe (G. Bellec); the gas and power transport challenges and the access charges fixing (L. David, J. Percebois); the strategic challenges of underground storage in the new European gas context (B. Esnault); stranded costs and deregulation of power networks: some questions raised by the US experience (J. Bezzina); natural gas in Europe and the emergence of spot markets and trading hubs (G. Heyvaert); the competitiveness of the power exchange market of the Netherlands (F. Boisseleau); setting up and de-regulated trades in European markets (H. Geman); the Californian power market (P.L. Joskow). (J.S.)

From Policy to Implementation. The Status of Europe's Smart Metering Market

International Nuclear Information System (INIS)

Shargal, M.

2009-04-01

In the last five years there has been a major policy shift from keeping the electricity price as low as possible in a free and competitive market to reducing carbon emissions. This shift has also resulted in decisions to look at the deployment of smart meters to help customers understand when they use electricity and to help them plan savings. Today, smart metering and smart grid initiatives are forcing another major transformation in the utility industry. Many utilities are rethinking their business models and business processes as a result of the shift in the way energy is generated, delivered and consumed. The state of the regulation and implementation of smart metering varies across Europe on a country by country basis. This results in wide a difference as to which is leading the smart meters rollout - the government or the industry. The variance leads to different players taking the initiative - regulatory pull to utilities push. To a large extent the adoption of smart metering in Europe is driven by regulation. National concerns over the future energy situation and European initiatives such as EU Energy Efficiency have led several countries to define mandatory requirements for the deployment of smart metering within a set timeframe. But the reality is that the compliance-based industry in which utilities operate does not offer enough incentive for consumers, regulators or utilities to take the difficult steps necessary to make electrical energy markets operate efficiently.

WEC Europe - Road Map Towards a Competitive Energy Market

International Nuclear Information System (INIS)

Lundberg, G.

2009-01-01

G. Lundberg, the chair of regional task force presented the final draft report. The main conclusions and recommendations that the study has provided may be resumed as follows: 1) The creation of single European electricity market should be initiated with the formation of a core-European market by merging at first, two of the existing more advanced markets, in term of liberalization and effective operation, namely the Nordic and the Central Western European one. Thus, it will include 10 countries (Austria, Belgium, Denmark, Finland, France, Germany, Luxembourg, the Netherlands, Norway and Sweden) representing more than 50% of the EU-29 (plus Norway + Switzerland) electricity generation. Then, it would likely become attractive for joining by other currently fragmented European markets. The formation of the new core-European market should start immediately despite the current recession and it should be designed in a flexible frame, in order to ease the accommodation of the remaining markets; 2) The so-created core-European initial market will undoubtedly requires a set of common regional rules, to be elaborated in compliance with the third package provisions and the guidelines/market codes following the third package approval. Thus, it will provide a model for the remaining isolated markets, to be subsequently integrated. In this regulatory process, all the stake holders (power industry, TSO, regulators, consumers, related national and EU-bodies) must be involved, with a purpose to providing a practical input and thus, to minimize potential frictions, during the implementation phase; 3) The grid development in Europe is the key challenge to promote more competition and in particular, to accommodate the targeted 20% of electricity increases from renewable energy sources, by 2020. For this purpose, what ENTSO is preparing for the grid development and extension by 2020 is of primary importance. Crucial for the success of this plan will be how efficient would be the

Energy implications of the move from a command to a market -based economy in Eastern Europe

International Nuclear Information System (INIS)

Bashmakov, I.

1991-01-01

Three scenarios of East Europe energy development till 2010 are considered. Calculation results show that in the short and long-term future Eastern Europe will encounter two types of difficulties. Firstly, the USSR can no longer cover strong demand for cheap oil from East European clients for the foreseeable future. Hence, Eastern Europe will need to find another source of oil supply and create corresponding infrastructure. Secondly, introduction of new rules in mutual trade of socialist countries and growth of the unit energy import value will force East European countries to pay substantially larger energy import bills (to 20-30 bln.$ in 1991-2000). Taking into account the difficulties to earn such volumes of hard currency the main conclusion is that the problem of energy supply will be one of the most difficult in Eastern Europe transition from a command to a market economy. (author)

Developments in the European methanol market

International Nuclear Information System (INIS)

Speed, J.

1995-01-01

In the late eighties/early nineties the World Methanol Market was basically divided into three regional markets--America, Asia Pacific and Europe. These markets were interrelated but each had its own specific characteristics and traditional suppliers. Now the situation has changed; in the mid nineties there is a Global Methanol Market with global players and effective global pricing and the European market is governed by events world-wide. Europe is however a specific market with specific characteristics which are different from those of other markets although it is also part of the Global Market. Hence before the author focuses on Europe he looks at the World Market. The paper discusses world methanol production and consumption by region, world methanol consumption by end use, world methanol supply demand balance, the west European market, western European methanol production, methanol imports to W. Europe, the Former Soviet Union supplies, W. European methanol consumption by end use, MTBE in Europe, duties on methanol imports into W. Europe, investment in Europe, the effect of the 1994/95 price spike, and key issues for the future of the industry

International Market Analysis

DEFF Research Database (Denmark)

Sørensen, Olav Jull

2009-01-01

The review presents the book International Market Analysis: Theories and Methods, written by John Kuiada, professor at Centre of International Business, Department of Business Studies, Aalborg University. The book is refreshingly new in its way of looking at a classical problem. It looks at market...... analysis from the point of vie of ways of thinking about markets. Furthermore, the book includes the concept of learning in the analysis of markets og how the way we understand business reality influneces our choice of methodology for market analysis....

ANALYSIS OF WINE SECTOR: DEVELOPMENTS AND PROSPECTS THE WORLD AND IN EUROPE

Directory of Open Access Journals (Sweden)

Ştefan MATEI

2014-11-01

Full Text Available Except unwelcoming and unfriendly area of agriculture, in general, Antarctica, all continents meet grape-vine, which is plant trees with the largest expansion around the globe. Wine, the wine produced extremely complex (the composition of the entering over 300 different chemical compounds has a great importance both rational human nutrition as well as increase the national income of a country cultivators, shown standing figures showing growing share while the global economy horticulture and viticulture crops in agricultural production. Thus, we can appreciate the importance of wine products both from a social and economic one. This study aims to develop a blueprint for the wine sector and to capture its evolution both globally and especially in Europe. We believe that an incursion in the analysis of wine-growing in the world and in Europe leaning on the development of wine production and consumption is particularly useful in our proof is the importance of wine in contemporary society. The study is part of a broader analysis is investigating the applicability of the marketing mix in the wine industry.

Contribution to the analysis of the Czech real-estate development market

Directory of Open Access Journals (Sweden)

Martina Procházková

2008-01-01

Full Text Available Czech economy went through a substantial transformation in last two decades affecting business environments of all fields. This paper presents partial results of the Czech development market ana­ly­sis. It explains the characteristics of real-estate development, real-estate development market and the complexity of the real-estate development process, including market research, site selection (using feasibility analysis, due diligence, property acquisition, project design, obtaining entitlements, financing, construction, lease-up or sale or operation, if the project is retained as and asset.The significant growth in last decade of the analyzed market is slowing down due to current greater circumspection of banks when providing credits for new development projects, drop of real pro­per­ty prices in Western Europe and at the same time greater revenues from real properties in Eastern Europe. The inhibition of the investment in commercial real property (both what number of transactions concerns, and total volume of investment is influenced by so-called mortgage crisis on the U. S. and British real estate market. In Czech market, the factors are reflected in a number of respects.The paper suggests future steps of the intended research, focus on identification of factors affecting decision-making process when preparing real-estate development project, finding interrelationships among these factors, quantification and setting weight of the factors, creation of a decision-making process model and its test on a real case. The model should contribute to decrease waste of time and money investment in these feasibility calculations by providing a tool which helps pre-select projects with higher chance of success in earlier phase.

Results of a European industrial heat market analysis as a pre-requisite to evaluating the HTR market in Europe and elsewhere

International Nuclear Information System (INIS)

Bredimas, Alexandre

2014-01-01

High temperature nuclear reactors will mainly address the market of industrial cogeneration. This market is a part of the overall market of the heat concretely consumed by industry, in particular heat intensive industries. In simpler terms, the HTR market is a part of the industrial cogeneration market, which itself is a part of the industrial heat market. The EU-supported project EUROPAIRS (2009–2011) has therefore carried out a comprehensive study of the complete European industrial heat market in order to prepare for the deployment of HTRs. This information did not exist priori to the study. The purposes of this paper are (1) to present the methodology of the study and the experience gathered in order to exchange with non-European equivalent or future initiatives (beyond the discussions already engaged with the US), (2) to synthesise the quantitative results of the study and (3) to briefly report on the cogeneration usages in several key industries (e.g. chemicals, refining, steelmaking…) which may affect HTR designing. The paper finishes with some reflection on the part of the heat market that HTRs could potentially address. In correlation with our other paper on the pre-economic analysis, this paper intend to pave the way for an international cooperation on evaluating the market for HTR worldwide, which is an information of common interest to the HTR community

Sensitivity of Earth Wheat Markets to Space Weather: Comparative Analysis based on data from Medieval European Markets

Science.gov (United States)

Pustil'Nik, Lev

We consider a problem of the possible influence of unfavorable states of the space weather on agriculture markets through the chain of connections: "space weather"-"earth weather"- "agriculture crops"-"price reaction". We show that new manifestations of "space weather"- "earth weather" relations discovered in the recent time allow revising a wide range of the expected solar-terrestrial connections. In the previous works we proposed possible mechanisms of wheat market reaction on the specific unfavorable states of space weather in the form of price bursts and price asymmetry. We point out that implementation of considered "price reaction scenarios" is possible only for the case of simultaneous realization of several necessary conditions: high sensitivity of local earth weather in the selected region to space weather; the state of "high risk agriculture" in the selected agriculture zone; high sensitivity of agricultural market to a possible deficit of yield. Results of our previous works (I, II), including application of this approach to the Medieval England wheat market (1250-1700) and to the modern USA durum market (1910-1992), showed that connection between wheat price bursts and space weather state in these cases was absolutely real. The aim of the present work is to answer the question why wheat markets in one selected region may be sensitive to a space weather factor, while in other regions wheat markets demonstrate absolutely indifferent reaction on the space weather. For this aim, we consider dependence of sensitivity of wheat markets to space weather as a function of their location in different climatic zones of Europe. We analyze a database of 95 European wheat markets from 14 countries for the 600-year period (1260-1912). We show that the observed sensitivity of wheat markets to space weather effects is controlled, first of all, by a type of predominant climate in different zones of agricultural production. Wheat markets in the Northern and, partly, in

Comparative analysis of franchising in international markets

Directory of Open Access Journals (Sweden)

Kovačević Maja

2016-01-01

Full Text Available The growing role of franchising at the global level requires its further improvement. This business model has great business potential, especially in the Serbian market, given the current underdevelopment and inaccessibility of information. At the core of our research, we outlined the characteristics of this business model, its impact on business development and at the same time we tried to draw the attention of domestic business entities to the benefits of franchising as a modern way of doing business. We start our research with a focus on the comparative analysis of Serbia, as a very poorly developed market. We then discuss the concept of franchising in Europe, with a special focus on Poland as a country that is ready to export franchising systems, and we continue by providing comparisons with the world's largest markets, namely, the USA and Canada. In this paper, we tried to elaborate on the economic viability of this project, as well as the increasing expansion and importance franchising has been experiencing in the last few years. Emphasis is placed on the use of franchise in many areas of business where there is the possibility of implementing both business models.

Wholesale electricity markets in Europe

International Nuclear Information System (INIS)

Rios, J. L.

2010-01-01

Electricity Wholesale Markets provide efficient operation of power stations, facilitate hedging instruments for generators and retailers and deliver price signals for new investments. Despite having a common regulatory framework at European level whose last aim is a single electricity market, Wholesale markets have been unevenly developed in each Member State. The evolution form a spot-based market towards a forward-based market needs a certain level of liquidity, transparency and regulatory stability. Interconnections are the key element to promote the integration of electricity markets. To facilitate this, European Regional Initiatives have pushed regulatory harmonization between countries and market coupling projects. (Author)

Stock Splits and Liquidity for Two Major Capital Markets from Central–Eastern Europe

Directory of Open Access Journals (Sweden)

Józef Rudnicki

2012-12-01

Full Text Available In the stock market there occur some events that contradict the efficient market hypothesis therefore they are called anomalies. One of the mysterious corporate events which has attracted the attention of numerous researchers is a stock split. I perform the review of implications of splitting the stock for market liquidity of companies listed on the Warsaw Stock Exchange and the Vienna Stock Exchange. I use event study, in particular Market model method and Market adjusted return method, to inspect the behavior of abnormal changes in daily trading volume for stock splits performed between 2000 through 2011 over a short run and assuming a longer time interval. Moreover, I juxtapose the results for both stock exchanges to examine whether the stock split phenomenon for two major capital markets from this part of Europe can be better explained by means of existing theories on stock splits. The research is aimed at analyzing the implications of the split for market liquidity, i.e. whether there occurs an immediate effect following the split as well as whether this corporate event improves the level of market liquidity over long run. Furthermore, the goal of the paper is to investigate whether the investors can cash in on the stock split, more specifically, whether they can profit from lower transaction costs. I document a significant growth in the market liquidity of stock splitting firms over 36 months following the split for both capital markets what is indicative of lower transaction costs for investors. The 1–percent significant results are consistent with the liquidity hypothesis on stock splits.

A Firm Level Study of Information Technology Productivity in Europe Using Financial and Market Based Measures

Directory of Open Access Journals (Sweden)

Alan Peslak

2004-05-01

Full Text Available For many years, business has invested significant resources in information technology, hardware, software, and manpower. The Productivity Paradox is the seeming lack of productivity gains despite the increased investment in IT. For many years the existence of a Productivity Paradox has been the subject of research interest. Conflicting results have been obtained from a variety of data sets. Until this time however there has been no study that has investigated European companies’ use of information technology and its impact on productivity. The objective of this study was to investigate information technology productivity with a new data set from a European published source, and measuring productivity using both market and financial based measures. Results of the study indicated that information technology did have a consistent positive impact on firm level productivity in Europe for the years 1996, 1997, and 1998. Both market and financial based productivity measures provided consistent positive significant returns with regard to IT productivity. The major contribution of the study is that it provides an analysis of the impact of European information technology on firm and economic productivity.

Russian gas in the west European market

International Nuclear Information System (INIS)

Nikitin, B.A.

1996-01-01

The paper relates to the Russian supply of natural gas to the west European market. Following themes are discussed: The resource basis of the gas industry; analysis of the European gas market; projects for Russian gas supply to Europe; international co-operation

Variability in market uptake of psychotropic medications in Europe reflects cultural diversity

Directory of Open Access Journals (Sweden)

J. M. Hoebert

2017-11-01

Full Text Available Abstract Background In the last 20–30 years, many international studies have found substantial differences in the use of (older psychotropic medication between European countries. The majority mentioned an important role for attitudes and beliefs towards psychotropic medication. So far, no studies have looked into the effects of cultural diversity on the use of new medications entering the market. As national cultures relate deeply to held values regarding, for example, what is seen as effective versus ineffective or safe versus dangerous, (cultural diversity in decision making around the role of new medications in clinical practice may already be expected from the first day after market authorization. Methods This study examined the relation between cultural diversity, described in Hofstede’s model of cultural dimensions (Power Distance, Individualism, Masculinity, Uncertainty Avoidance, Indulgence and Long-Term Orientation and utilization of three new psychotropic medications, namely aripiprazole, duloxetine and pregabalin in Europe. Country level sales data of the case study medications were correlated to country-specific scores of Hofstede’s cultural dimensions. IMS Health’s MIDAS database has been used for sales data (converted to Defined Daily Doses/1000 inhabitants/day for the case study medications from the market authorization date in 2004 until December 2009 for 23 EU member states. Results Consumption of the case study medications was seen in all countries. In general, pregabalin was used more often than aripiprazole and duloxetine. In 2 years after market authorization, approximately 80% of all countries have reported use of all three molecules. Correlations between Hofstede dimensions individualism, long-term orientation and indulgence and total use of the case study medications tended to become stronger over time, but they were only statistically significant for indulgence at two years after market authorization (rho

Variability in market uptake of psychotropic medications in Europe reflects cultural diversity.

Science.gov (United States)

Hoebert, J M; Mantel-Teeuwisse, A K; Leufkens, H G M; van Dijk, L

2017-11-06

In the last 20-30 years, many international studies have found substantial differences in the use of (older) psychotropic medication between European countries. The majority mentioned an important role for attitudes and beliefs towards psychotropic medication. So far, no studies have looked into the effects of cultural diversity on the use of new medications entering the market. As national cultures relate deeply to held values regarding, for example, what is seen as effective versus ineffective or safe versus dangerous, (cultural) diversity in decision making around the role of new medications in clinical practice may already be expected from the first day after market authorization. This study examined the relation between cultural diversity, described in Hofstede's model of cultural dimensions (Power Distance, Individualism, Masculinity, Uncertainty Avoidance, Indulgence and Long-Term Orientation) and utilization of three new psychotropic medications, namely aripiprazole, duloxetine and pregabalin in Europe. Country level sales data of the case study medications were correlated to country-specific scores of Hofstede's cultural dimensions. IMS Health's MIDAS database has been used for sales data (converted to Defined Daily Doses/1000 inhabitants/day) for the case study medications from the market authorization date in 2004 until December 2009 for 23 EU member states. Consumption of the case study medications was seen in all countries. In general, pregabalin was used more often than aripiprazole and duloxetine. In 2 years after market authorization, approximately 80% of all countries have reported use of all three molecules. Correlations between Hofstede dimensions individualism, long-term orientation and indulgence and total use of the case study medications tended to become stronger over time, but they were only statistically significant for indulgence at two years after market authorization (rho = 0.51, p = 0.014) and three years after market

Mortgage market regulation: Europe

NARCIS (Netherlands)

Aalbers, M.B.; Smith, S.J.

2012-01-01

Despite several European Union (EU) initiatives, there is only limited pan-European mortgage market regulation. The EU strategy can be characterised as one of parallel liberalisation and consolidation. This article highlights the key differences in regulation among European mortgage markets.

Approaches to a marketing strategy for the development and penetration of the PV market in German speaking countries. Ansaetze einer Marketingstrategie zur Erschliessung und Durchdringung des PV-Marktes in den deutschsprachigen Laendern

Energy Technology Data Exchange (ETDEWEB)

Schulte, F. (SOTEC - Ingenieurbuero fuer Sonnenenergie, Duesseldorf (Germany, F.R.))

1990-01-01

The photovoltaics market in Central Europe is characterized by the fact that a consolidation has been achieved in niche markets only. The main emphasis in this field of energy supply has been on technological progress; however, it needs to be supported by a serious marketing policy in the future. Based on an analysis of today's situation, both strategie and operative considerations for a marketing concept are demonstrated for a constitution of the PV market in Central Europe. (orig.).

Electricity wholesale market prices in Europe: Convergence?

International Nuclear Information System (INIS)

Zachmann, Georg

2008-01-01

This paper tests the hypothesis that the ongoing restructuring process in the European electricity sector has led to a common European market for electricity. Based on a Principal Component Analysis (PCA) of wholesale electricity prices in 2002-2006, we reject the assumption of full market integration. For several pairs of countries, the weaker hypothesis of (bilateral) convergence is accepted based on unit root tests (KPSS and ADF) and a convergence test based on filtered pairwise price relations. This indicates that the efforts to develop a single European market for electricity were so far only partially successful. We show that the daily auction prices of scarce cross-border transmission capacities are insufficient to explain the persistence of international price differentials. Empirically, our findings confirm the insufficiency of explicit capacity auctions as stated in the theoretical literature. (author)

Market development of organic products in Europe: conditions and role of Organic Marketing Initiatives

OpenAIRE

Schmit, Otto; Fontguyon, Guy de; Sans, Pierre

2007-01-01

The contribution presents some of the main results of a European program of investigation (titled Organic Marketing Initiatives – OMIs – and Rural Development). Firstly, consumer behavior, as well as attitudes, expectations, motives and buying barriers concerning organic food are explored. Then, authors give a brief overview of the organic market analysis of 18 European countries, based on a Delphi inquiry. Finally, the third part highlights the role of OMIs in the organic market development ...

Pharma Pricing & Market Access Europe 2016--Health Network Communications' Tenth Annual Conference (February 23-25, 2016--London, UK).

Science.gov (United States)

D'Souza, P

2016-03-01

Tighter national budgets and escalating drug prices continue to present challenges for pharmaceutical market access strategies and societal cost of care. As pharmaceutical companies and medical governmental advisory organizations enter tougher negotiations, hospital trusts and other dispensary firms face barriers to receiving the best medical treatment, and as a result patient access is limited. The 2016 HealthNetwork Communications' Pharma Pricing & Market Access Europe meeting brought together pharmaceutical, medical governmental advisory and stakeholders and market access/pricing consultants, to encourage discussions and negotiations into how to improve the drug pricing system and consequential market access strategies while achieving the respective reimbursement and affordability objectives. Copyright 2016 Prous Science, S.A.U. or its licensors. All rights reserved.

Integration Policies and Immigrants’ Labor Market Outcomes in Europe

Directory of Open Access Journals (Sweden)

Irena Kogan

2016-06-01

Full Text Available This article assesses whether two integration policy measures (labor market training and counseling reach the immigrants who need them and whether these policies improve immigrants' labor market situations. We first examine the comprehensiveness of integration policies by linking Migration Integration Policy Index scores of immigrants' labor market mobility with levels of immigrant participation in labor market training and counseling in 15 European countries. We find that provision with labor market training does not entirely correspond to policy intentions, whereas labor market counseling more closely achieves policies' proclaimed aims. Second, we carry out propensity score matching analysis to estimate the effectiveness of immigrants' integration policies. We find that labor market training and counseling do not improve immigrants' employability or job status in three of the four analyzed countries, which lends weak support to the productivity skills argument, emphasizing instead the validity of the signaling and selection perspectives.

Development of Competitive Gas Trading in Continental Europe

Energy Technology Data Exchange (ETDEWEB)

NONE

2008-07-01

In this publication the IEA examines the history of major gas markets' development in OECD Europe, and explores the possible expansion of trading through the mechanism of different hubs across the region. Lessons learned from North American markets on the benefits of regulatory convergence and investor-friendly legal framework are an important part of the analysis. Competitive trading based on transparent, non-discriminatory rules in a flexible and integrated European gas market will lead to more efficiency, timely investment, and greater market resilience, therefore ensuring more security for both customers and suppliers in the long term.

Gas market prospects in Europe

International Nuclear Information System (INIS)

Rissanen, E.

1992-01-01

Gas demand in Europe may rise 50 to 70% during the next 20 years. The most weighty reasons for the increase would be a robust increase of gas-fuelled power generation, the gas use for abating environmental pollution and a remarkable replacement of coal and oil by gas. A dilemma will be whether a sufficient volume of gas is available particularly for Eastern Europe. The total indigenous production and the imports from existing sources cannot increase sufficiently. Other reasons for new imports are diversification and security of supplies and a short lifetime of domestic reserves. Potential sources to import incremental gas and their shares could be as follows: Algeria and Libya 15 - 20%, Russia 20 - 35%, overseas imports as LNG (liquefied natural gas) 20 - 35% and Iran by pipeline 20 - 25%. 1 tab

EU online Trustmarks Building Digital Confidence in Europe

NARCIS (Netherlands)

Remotti, L.; Veenstra, A.F.E.; Lieshout, M. van; Kool, L.; Rumpf, G.; Ipektsidis, b.; Damvakeraki, T.

2012-01-01

A recent study shows that Europe is the largest eCommerce market in the world, overtaking North America in 2011. The total value of the European market was estimated at €246bn, and online retail sales account for around 5.1% of the total value of the retail market in Europe. Still, cross-border

Commercial aquaponics approaching the european market: to consumers’ perceptions of aquaponics products in europe

OpenAIRE

Milicic, Vesna; Thorarinsdottir, Ragnheidur; Santos, Maria José Palma Lampreia dos; Hančič, Maja Turnšek

2017-01-01

The first commercial aquaponics companies are starting up in Europe. The main focus has been on solving technology issues and optimizing production. However, increasing attention is now being paid to certification and regulations linked to aquaponics, as well as the marketing of products and services. The paper presents the results of a study whose main aim was to estimate consumers’ knowledge about aquaponics and their acceptance of aquaponics products in different European regions. An on-li...

The power market in Northern Europe - comparative studies of the countries; Kraftmarkedet i Nord-Europa - landstudier

Energy Technology Data Exchange (ETDEWEB)

NONE

1997-12-31

This report describes the main characteristics of the power markets of the Nordic countries and of selected countries of Northern Europe. There are discussions on market issues, institutional structure and current developments in regulation and policy. It is found that there are large differences from country to country in demand, production and production capacity, choice of technology and fuel, and institutional structure. These differences are largely due to differences in resources, industrial structure, management tradition and political preferences. There is also a comparison of the consumption patterns and the market balance for power for the Nordic countries. National forecasts for the consumption development up to 2020 are compared and the corresponding needs for new power capacity is calculated. Finally, there is a discussion of some challenges for the market and policy that are connected with the development of new production capacity. 3 refs., 80 figs., 19 tabs.

Strengths, weaknesses, opportunities and threats for HTR deployment in Europe

International Nuclear Information System (INIS)

Bredimas, Alexandre; Kugeler, Kurt; Fütterer, Michael A.

2014-01-01

High temperature nuclear reactors are a technology, of which early versions were demonstrated in the 1960s–1980s in Germany (AVR, THTR) and the United States (Peach Bottom, Fort St. Vrain). HTRs were initially designed for high temperature, high efficiency electricity generation but the technology, the market and the targeted applications have evolved since then to address industrial cogeneration and new operational conditions (in particular new safety regulations). This paper intends to analyse the latest status of HTR today, as regards their intrinsic strengths and weaknesses and their external context, whether positive (opportunities) or negative (threats). Different dimensions are covered by the analysis: technology status, results from R and D programmes (especially in Europe), competences and skills, licensing aspects, experience feedback from demonstrator operation (in particular in Germany), economic conditions and other non-technical aspects. Europe has a comprehensive experience in the field of HTR with capabilities in both pebble bed and prismatic designs (R and D, engineering, manufacturing, operation, dismantling, and the full fuel cycle). Europe is also a promising market for HTR as the process heat market is large with good industrial and cogeneration infrastructures. The analysis of the European situation is to a good deal indicative for the global potential of this technology

Reassessing the integration of European electricity markets: A fractional cointegration analysis

International Nuclear Information System (INIS)

Menezes, Lilian M. de; Houllier, Melanie A.

2016-01-01

This study extends existing literature on the assessment of electricity market integration in Europe, by developing and testing hypotheses on the convergence of electricity wholesale prices, and adopting a time-varying fractional cointegration analysis. In addition, the potential impacts of some special events that may affect system capacity (new interconnection, market coupling, increase in share of intermittent generation) on spot and forward markets are considered and evaluated. Daily spot prices from February 2000 to March 2013 of nine European electricity spot markets (APX-UK, APX-NL, Belpex, EPEX-FR, EPEX-DE, IPEX, Nordpool, Omel and OTE) and month-ahead prices in four markets (French, British, German and Dutch) from November 2007 to December 2012 are investigated. Results show that unit root tests, which are generally used in the literature to test market integration, are inadequate for assessing electricity spot market convergence, because spot prices are found to be fractionally integrated and mean-reverting time series. Furthermore, spot price behaviour and their association with different markets change over time, reflecting changes in the EU electrical system. One-month-ahead prices, by contrast, were found to have become more resilient to shocks and to follow more stable trends. - Highlights: • We examine electricity market convergence in the EU. • Common price dynamics are affected by changes in interconnection and capacity. • Forward markets have increased in resilience. • Germany's nuclear plant closures had an adverse effect on most European electricity markets.

Market analysis. Renewable fuels

International Nuclear Information System (INIS)

2014-01-01

The Agency for Renewable Resources (FNR) had on behalf of the Federal Ministry of Food and Agriculture created a study on the market development of renewable resources in Germany and published this in the year of 2006. The aim of that study was to identify of actual status and market performance of the individual market segments of the material and energetic use as a basis for policy recommendations for accelerated and long term successful market launch and market share expansion of renewable raw materials. On behalf of the FNR, a market analysis of mid-2011 was carried out until the beginning of 2013, the results of which are hereby resubmitted. This market analysis covers all markets of material and energetic use in the global context, taking account of possible competing uses. A market segmentation, which was based on the product classification of the Federal Statistical Office, formed the basis of the analysis. A total of ten markets have been defined, seven material and three energetic use. [de

Governing the Climate, Constructing Europe: The History of the Creation of a Carbon Market (ETS)

International Nuclear Information System (INIS)

Aykut, Stefan C.

2014-01-01

The European leadership strategy in the area of international climate policies consists of two components: numerical objectives for reducing greenhouse gas emissions and a European carbon market (ETS) to achieve these reductions. Reexamining the history of the ETS' adoption in the early 2000's helps elucidate the paradox of this tool's rapid promotion. In the 1990's, community institutions had taken a very different stance, with Europe supporting an 'ecotax' project and rejecting recourse to the carbon market and other 'flexible mechanisms'. Three factors shaped the new direction taken by European climate policies: the emergence in the 1970's of a movement critical of environmental regulation, which, in contrast to market-based tools, was seen as ineffective and excessively rigid by economists and legal scholars; political negotiations between Rio and Kyoto, with their power struggles, uncertainties and the failure of inter-European negotiations regarding a tax-based approach; the debate over the principle of subsidiarity, the particular moment in the European construction in which the Commission ratified the creation of the carbon market

Transportation flow analysis in a centralised supply chain at Toyota Material Handling Europe

OpenAIRE

Gustavsson, Styrbjörn; Öberg, Mikael

2010-01-01

This report is the result of a Master Thesis written at Toyota Material Handling Europe (TMHE), with the purpose to map the existing spare part supply chain structure and to analyse future suggested supply chain structures with a focus on transportation flows. TMHE is one of the world’s largest producing forklift distributers with large market shares throughout Europe. Besides the main activity of forklifts the aftermarket of distributing spare parts is a major business. With a current decent...

The future of the Europe of energy: towards the domestic energy market; network codes: where are we; the gas infrastructure European grid, which ambitions for 2030?; Action to boost the carbon market; LPG in Europe

International Nuclear Information System (INIS)

Anon.

2014-01-01

A set of articles first discusses the perspective of creation of a European domestic energy market which appears in the elaboration of the French energy policy, whereas industrial actors are still reluctant. The second article briefly comments the progress in the elaboration of common rules by the European Union for the creation of this European energy domestic market, i.e. the network codes. The third article addresses the common projects of energy infrastructures presented by the European Commission in 2013: about half of these projects are concerning gas infrastructures, and could be quickly achieved. The next article discusses the proposals and reactions about the strategic framework presented in January 2014 by the European Commission for 2030. An article briefly presents measures taken to boost the carbon emission trading scheme. The last article addresses the evolution of the LPG market in Europe, and outlines that its development potential is still under-exploited

Chinese energy investments in Europe: An analysis of policy drivers and approaches

International Nuclear Information System (INIS)

Liedtke, Stephan

2017-01-01

Enhancing the understanding of China-EU energy relations, the article examines Chinese energy investments in Europe from 2008 to 2015 and analyzes the energy interests and policy approaches underpinning them. Analysis of this data shows that within the EU, 30 Chinese investments largely focused on the oil and gas sector, especially through the acquisition of company shares. Chinese energy investments in Europe reflect a clear political and commercial strategy that addresses the PRC's need to balance supply chain security of fossil fuels, environmentally friendlier energy production and use as well as to enhance the market position and energy-industrial capabilities of Chinese state-owned or state-supervised energy companies. Based on a comprehensive set of domestic incentives for international investment the Chinese penetration of the European energy sector is embedded within two levels of political cooperation. The first level revolves around bilateral investment agreements between China and 27 EU member states. On the second level, China and the EU have established a variety of formats that guide their energy cooperation. The conclusion of the proposed bilateral investment agreement between the PRC and the EU would create a uniform investment environment across the continent and facilitate mutual economic benefits for both parties. - Highlights: • A timeline of Chinese energy investments in Europe, 2008–2015, is presented. • Two tables dividing Chinese investments by sector and company type are presented. • Most Chinese investments concentrate on shares of Europe's fossil fuel sector. • Chinese investments rest on bilateral agreements with EU members. • Chinese investments in EU serve ‘internationalization’ of Chinese companies.

Market, Regulation, Market, Regulation

DEFF Research Database (Denmark)

Frankel, Christian; Galland, Jean-Pierre

2015-01-01

barriers to trade in Europe, realized the free movement of products by organizing progressively several orders of markets and regulation. Based on historical and institutional documents, on technical publications, and on interviews, this article relates how the European Commission and the Member States had......This paper focuses on the European Regulatory system which was settled both for opening the Single Market for products and ensuring the consumers' safety. It claims that the New Approach and Standardization, and the Global Approach to conformity assessment, which suppressed the last technical...... alternatively recourse to markets and to regulations, at the three main levels of the New Approach Directives implementation. The article focuses also more specifically on the Medical Devices sector, not only because this New Approach sector has long been controversial in Europe, and has recently been concerned...

Energy challenges of the Single Market

International Nuclear Information System (INIS)

Blakey, S.

1991-01-01

The Single Market Initiatives promise to reshape many areas of western Europe's energy markets. They will entail a number of changes for the Continent's oil, gas, electricity, and coal businesses. Some of those changes promise to improve market efficiency, others threaten to restrict it. Current negotiations could have a particularly far-reaching impact on western Europe's gas markets, which according to some reports, do not require any alternations. While western Europe's energy industry makes ready for the single market, eastern Europe's energy sector awaits the European Energy Charger, a multilateral agreement that could completely renovate the rules of this region's energy game. The rule changes could prove to be especially important for businesses from the United States. This paper examines this reshaping of Europe. It considers the ways in which old arrangements might be transformed into a new, but not necessarily improved, European order

Technology, market and policy aspects of geothermal energy in Europe

Science.gov (United States)

Shortall, Ruth; Uihlein, Andreas

2017-04-01

The Strategic Energy Technology Plan (SET-Plan) is the technology pillar of the EU's energy and climate policy. The goal of the SET-Plan is to achieve EU worldwide leadership in the production of energy technological solutions capable of delivering EU 2020 and 2050 targets for a low carbon economy. The Joint Research Centre (JRC) runs and manages the SET-Plan Information System (SETIS) to support the SET-Plan. Under SETIS, the JRC publishes a number of regularly updated key references on the state of low carbon technology, research and innovation in Europe. Within the framework of the SET-Plan, the geothermal sector is placed into context with other power and heat generation technologies. The talk will give an introduction to some of JRC's geothermal research activities. Amongst others, the JRC Geothermal status report will be presented. This report aims to contribute to the general knowledge about the geothermal sector, its technology, economics and policies, with a focus on innovation, research, development and deployment activities as well as policy support schemes within the European Union. The speech will present the main findings of the report, providing an overview of the activities and progress made by the geothermal energy sector, the status of its sub-technologies and current developments. In addition, the speech will discuss the economic, market and policy aspects of geothermal energy for power production, direct use and ground source heat pumps in Europe and beyond.

Ethnographies of Grey Zones in Eastern Europe

DEFF Research Database (Denmark)

Over the last two decades, Eastern Europe has experienced extensive changes in geo-political relocations and relations leading to everyday uncertainty. Attempts to establish liberal democracies, re-orientations from planned to market economics, and a desire to create ‘new states’ and internationa......Over the last two decades, Eastern Europe has experienced extensive changes in geo-political relocations and relations leading to everyday uncertainty. Attempts to establish liberal democracies, re-orientations from planned to market economics, and a desire to create ‘new states...... contemporary Eastern Europe....

Ethnographies of Grey Zones in Eastern Europe:

DEFF Research Database (Denmark)

Over the last two decades, Eastern Europe has experienced extensive changes in geo-political relocations and relations leading to everyday uncertainty. Attempts to establish liberal democracies, re-orientations from planned to market economics, and a desire to create ‘new states’ and internationa......Over the last two decades, Eastern Europe has experienced extensive changes in geo-political relocations and relations leading to everyday uncertainty. Attempts to establish liberal democracies, re-orientations from planned to market economics, and a desire to create ‘new states...... contemporary Eastern Europe....

Key drivers for market penetration of biosimilars in Europe.

Science.gov (United States)

Rémuzat, Cécile; Dorey, Julie; Cristeau, Olivier; Ionescu, Dan; Radière, Guerric; Toumi, Mondher

2017-01-01

Background & Objectives : Potential drivers and barriers of biosimilar uptake were mainly analysed through qualitative approaches. The study objective was to conduct a quantitative analysis and identify drivers of biosimilar uptake of all available biosimilars in the European Union (EU). Methods : A three-step process was established to identify key drivers for the uptake of biosimilars in the top 10 EU member states (MS) pharmaceutical markets (Belgium, France, Germany, Greece, Hungary, Italy, Poland, Spain, Sweden, and the UK): (1) literature review to identify incentive policies in place to enhance biosimilars adoption; (2) assessment of biosimilar market dynamics based on database analysis; (3) regression model analysis on price using the following explicative variables: incentive policies; price difference between the biosimilar and the originator product; distribution channel; generic uptake and generic price cut; pharmaceutical expenditure per capita; and market competition. Results : At the study cut-off date, 20 biosimilars were available on the market. Incentive policies applied to biosimilars were found to be heterogeneous across countries, and uptakes of biosimilars were also very heterogeneous between different therapeutic classes and countries. Results from the model demonstrated that incentive policies and the date of first biosimilar market entry were correlated to biosimilar uptake. Pharmaceutical expenditure per capita and the highest generic uptake were inversely correlated with biosimilar uptake. Average generic price discount over originator and the number of biosimilars showed a trend toward statistical significance for correlation with biosimilar uptake, but did not reach the significance threshold. Biosimilar price discount over original biologic price, the number of analogues, and the distribution channel were not correlated with the biosimilar uptake. Conclusions : Understanding drivers of biosimilar uptake becomes a critical issue to

Key drivers for market penetration of biosimilars in Europe

Science.gov (United States)

Rémuzat, Cécile; Dorey, Julie; Cristeau, Olivier; Ionescu, Dan; Radière, Guerric; Toumi, Mondher

2017-01-01

ABSTRACT Background & Objectives: Potential drivers and barriers of biosimilar uptake were mainly analysed through qualitative approaches. The study objective was to conduct a quantitative analysis and identify drivers of biosimilar uptake of all available biosimilars in the European Union (EU). Methods: A three-step process was established to identify key drivers for the uptake of biosimilars in the top 10 EU member states (MS) pharmaceutical markets (Belgium, France, Germany, Greece, Hungary, Italy, Poland, Spain, Sweden, and the UK): (1) literature review to identify incentive policies in place to enhance biosimilars adoption; (2) assessment of biosimilar market dynamics based on database analysis; (3) regression model analysis on price using the following explicative variables: incentive policies; price difference between the biosimilar and the originator product; distribution channel; generic uptake and generic price cut; pharmaceutical expenditure per capita; and market competition. Results: At the study cut-off date, 20 biosimilars were available on the market. Incentive policies applied to biosimilars were found to be heterogeneous across countries, and uptakes of biosimilars were also very heterogeneous between different therapeutic classes and countries. Results from the model demonstrated that incentive policies and the date of first biosimilar market entry were correlated to biosimilar uptake. Pharmaceutical expenditure per capita and the highest generic uptake were inversely correlated with biosimilar uptake. Average generic price discount over originator and the number of biosimilars showed a trend toward statistical significance for correlation with biosimilar uptake, but did not reach the significance threshold. Biosimilar price discount over original biologic price, the number of analogues, and the distribution channel were not correlated with the biosimilar uptake. Conclusions: Understanding drivers of biosimilar uptake becomes a critical issue to

Eastern Europe

International Nuclear Information System (INIS)

Baret, J.P.; Corcuff, A.; Jousten, M.; Cherie, J.B.; Gorge, X.; Augustin, X.; Belime, F.

1999-01-01

By its economical and political impact, nuclear energy has an important contribution the countries of Eastern Europe that goes beyond simple energy source. The most important challenge is to gain a safety culture. Improvements have been noted but the reactors safety must stay a priority of the international cooperation in Eastern Europe. The plan for the completion and improvement of Mochovce nuclear plant is described, the situation of Chernobyl and how to make the sarcophagus in safe is discussed, the experience of a french P.M.E. ( small and medium size firm) called Corys Tess that has chosen to position itself on the Eastern Europe nuclear market is related. (N.C.)

Demand powers ahead [Gas in Europe

International Nuclear Information System (INIS)

Potter, N.

1994-01-01

Natural gas demand in Europe has been growing steadily for many years and is likely to go on increasing in the domestic sector, the industrial sector and in power generation. In this review a number of features of the market supply situation are reported. Potential new markets for Norwegian gas in eastern and central Europe are being evaluated. Other exporting countries are also keen to obtain a greater share in the expanding European market. Among them are Russia, Algeria and Nigeria, but political uncertainties in each of these countries are a cause for concern. Algeria has new pipelines to supply Italy, Spain and Portugal. The Russian company, Gazprom, has launched the construction of a pipeline to link new gas fields in northern Siberia with western Europe and has set up contracts with German companies which are facilitating the sale of Russian gas in Europe. Supply potential also exists in some of the other countries of the former Soviet Union, such as Kazakhstan and Turkmenistan. A group of leading European gas utilities are exploring the feasibility of imports from Iran either via a pipeline link or as liquefied natural gas. The United Kingdom hopes to export North Sea gas into Europe through the proposed Interconnector pipeline from Bacton to Zeebrugge, in th long-term, though, the pipeline may be used for imports into the UK. A controversial proposal to introduce third-party access to European pipelines could alter the whole structure of the market. (UK)

Marketing a finanční krize

OpenAIRE

Čahojová, Kristína

2009-01-01

The paper is describing the effects of recession on marketing in Central Europe. It is especially focused on political marketing in Czech republic, Slovakia, Austria and Hungary. The theoretical part covers definitions and the developement of political marketing. The analysis of the macroeconomic conditions and the recent developements are summarized in the first part. The impact of the crisis is described on political campaigns. New marketing trends are summarized in the conclusion.

Comparative analysis of crayfish marketing in selected markets of ...

African Journals Online (AJOL)

Comparative analysis of crayfish marketing in selected markets of Akwa Ibom and Abia States, Nigeria. ... It specifically looked at market integration, costs and return, marketing margin, marketing ... EMAIL FULL TEXT EMAIL FULL TEXT

The end of mass homeownership? Changes in labour markets and housing tenure opportunities across Europe.

Science.gov (United States)

Arundel, Rowan; Doling, John

2017-01-01

With continued economic growth and expanding mortgage markets, until recently the pattern across advanced economies was of growing homeownership sectors. The Great Financial Crisis (GFC) has however, undercut this growth resulting in the contraction of homeownership access in many countries and the revival of private renting. This paper argues that these tenure changes are not solely a consequence of the GFC, and therefore, reversible once long-term growth returns. Rather, they are the consequences of more fundamental changes especially in labour markets. The very financialisation that fuelled the growth of homeownership has also led to a hollowing out of well-paid, secure jobs-exactly those that fit best with the taking of housing loans. We examine longer-term declines in labour market security across Europe from before the GFC, identifying an underlying correlation between deteriorated labour market conditions and homeownership access for young adults. While variations exist across European countries, there is evidence of common trends. We argue that the GFC both accelerated pre-existing labour insecurity dynamics and brought an end to offsetting such dynamics through the expansion of credit access with the likelihood of a return to an era of widespread homeownership growth starkly decreased.

Energy market environments in Europe and the United States

International Nuclear Information System (INIS)

Puettgen, H.B.; Haubrich, H.J.; Stotz, J.; Winje, D.; Klappa, G.; Denton, D.H.

1997-01-01

On July 21, the technical program of the IEEE Power Engineering Society (PES) 1997 Summer Meeting began with a joint plenary, cosponsored by VDE-ETG. Simultaneous translation allowed the audience to listen to the presentations in either German or English. Emerging Energy Market Environments in Europe and the United states was chaired by H.J. Haubrich, RWTH, and H.B. Puettgen, Georgia Institute of Technology. Following welcome addresses and introductory remarks by E.F. Peschke, chair or the local organizing committee, K. Bechtold, BEWAG, Berlin, H. Wolters, VDE chair, L. Bochanky, ETG chair, Charles K. Alexander, IEEE president, and Robert A. Dent, PES president, the following presentations were given: The Process of Integration of the East and West European Networks, Juergen Stotz, VEAG, Germany; Electric Power Turns into a Commodity: A Change of Paradigm in the Power Industry, Dietmar Winje, BEWAG, Germany; The Brave New World of Customer Satisfaction, Gale Klappa, Southwest Utilities, United Kingdom; Deregulation Risks and Opportunities, Donald H. Denton, Jr., Duke Power Company, United States. Summaries of the four presentations are included

Analysis and modelling of the fuels european market; Analyse et modelisation des prix des produits petroliers combustibles en europe

Energy Technology Data Exchange (ETDEWEB)

Simon, V

1999-04-01

The research focus on the European fuel market prices referring to the Rotterdam and Genoa spot markets as well the German, Italian and French domestic markets. The thesis try to explain the impact of the London IPE future market on spot prices too. The mainstream research has demonstrated that co-integration seems to be the best theoretical approach to investigate the long run equilibrium relations. A particular attention will be devoted to the structural change in the econometric modelling on these equilibriums. A deep analysis of the main European petroleum products markets permit a better model specification concerning each of these markets. Further, we will test if any evidence of relations between spot and domestic prices could be confirmed. Finally, alternative scenarios will be depicted to forecast prices in the petroleum products markets. The objective is to observe the model reaction to changes crude oil prices. (author)

Transparency in natural gas prices in Western Europe

International Nuclear Information System (INIS)

Vrieling, E.B.; Munksgaard, J.; Hopper, R.J.

1989-11-01

The present situation on price transparency in Western Europe and North america within the context of the European internal gas market is analyzed. In chapter one the ideas and policy proposals put forward by the European Commission are discussed. Special attention is paid to the situation of the large industrial consumers. It is argued that price transparency needs to be extended to more upstream price aspects. This includes information on city-gates prices, transmission and handling charges in addition to wellhead and import prices. In Western Europe (chapter two) two pricing principles can be distinguished at the final consumer level: pricing according to costs and prices according to market value. The first principle is applied in France, Belgium, the United Kingdom and Austria, as some cost elements are included in the tariff calculations in Italy. Countries where a market-evaluation methodology is applied are Denmark, the Netherlands, Germany, Spain and Switzerland. In North America (chapter three) price transparency is extensive and part of the necessary conditions of an open access contract carriage market. In order to integrate the aspect of price transparency in the broader framework of the internal gas market a model of an integrated natural gas market is described in chapter four. The model specifies the preconditions of a truly integrated gas market, i.e. accessible market entry at all levels of the gas sector and for all market players, equal market opportunity and a regulatory oversight system. A brief comparison between the model and the actual market situation in Western Europe showed that hardly any of these preconditions are met. The comparison points out which actions need to be taken to implement an internal gas market in Western Europe. 9 appendices

HARMONIZED EUROPE OR EUROPEAN HARMONY?

Directory of Open Access Journals (Sweden)

Cosmin Marinescu

2007-07-01

Full Text Available Recent evolutions in Europe raise questions on the viability of the present economic and social model that defines the European construction project. In this paper, the author will try to explain the viability of institutional European model that sticks between free market mechanisms and protectionism. The main challenge for the EU is about the possibility to bring together the institutional convergence and the welfare for all Europeans. This is the result of the view, still dominant, of European politics elite, according to which institutional harmonization is the solution of a more dynamic and prosper Europe. But, economic realities convince us that, more and more, a harmonized, standardized Europe is not necessarily identical with a Europe of harmony and social cooperation. If „development through integration” seems to be harmonization through „institutional transplant”, how could then be the European model one sufficiently wide open to market, which creates the prosperity so long waited for by new member countries?

Determinants of Migrant Entrepreneurship in Europe

OpenAIRE

Tüzin Baycan-Levent; Peter Nijkamp

2005-01-01

In the last decades migrant enterprises have become more embedded in the European urban economy. With the rising number of migrant entrepreneurs, the largest cities in Europe have acquired a more cosmopolitan outlook and have become dynamic multicultural economies. Actually, the ‘ethnic economies’ are often seen as elements of a solution to structural labour market problems and ethnicity is increasingly regarded as a viable resource for economic advancement on the labour market in Europe. A...

World review: Europe

International Nuclear Information System (INIS)

Anon.

2000-01-01

The article gives information on contracts announced (and to whom) and recently completed in some parts of Europe in the petroleum, natural gas and petrochemicals industries. Countries specifically mentioned are Belgium, Czech Republic, France, the former Soviet Union, Germany, Greece, Hungary, Ireland, Italy, Netherlands, Russia, Slovakia, Spain, Sweden and the United Kingdom. It is suggested that in E. Europe, the demand for gas could triple by 2020, in S. Europe the market for gas will double in the next ten years and the Mediterranean will continue to be a developing global refinery into the 21st century

LNG development across Europe: Infrastructural and regulatory analysis

International Nuclear Information System (INIS)

Dorigoni, Susanna; Portatadino, Sergio

2008-01-01

In this paper, a cross-section infrastructural and regulatory analysis of the European LNG sector is presented. The LNG chain is maintained as being a good tool to enlarge the number of natural gas exporters to Europe, adding in this way to competition and to the achievement of the targets of the liberalisation process, which is a decrease in price for final customers and security of supply. The main reason for this is to be identified in the minor specificity of the regasification-plant-related investment compared with pipeline transportation. As a matter of fact, as the infrastructural analysis will show, the construction of new LNG receiving terminals is likely to bring about an increase in the number of importers fostering competition among them and shrinking their margins among the value chain. In this context, regulation is meant to play a key role in promoting investments without hindering competition. Nevertheless it is questionable whether LNG will be able to introduce competition beyond the European border (that is among producers) according to the forecasted supply and demand balance that is leading to a seller's market in the upstream sector. In this case, a huger part of the rent would go to the exporters leaving minor scope for competition down the European border. (author)

Analysis of stock market returns of American and European stock market from the view of an American and a European investor

Directory of Open Access Journals (Sweden)

Oldřich Šoba

2005-01-01

Full Text Available The paper is focused on the analysis of stock market returns of American and European stock market for different investment horizon from the view of an American and European investor. The paper also partly resumes, in the part of analysis of USD/EUR exchange rate influence on market returns of mentioned stock market, research paper REJNUŠ, O., ŠOBA, O.: Changes in the USD/EUR exchange rate and their impact on the return of stock indexes from the viewpoint of a European and of an American investor. ACTA UNIVERSITATIS AGRICULTURAE ET SILVICULTURAE MENDELIANAE BRU- NENSIS, Vol. LII, No. 6, 2004, pg. 145–159, ISSN 1211-8516.The development of both American and European stock market is put on the development of two, structure-similar Standard & Poor’s exchange indexes, particularly S&P 500 and S&P Europe 350. According to the USD/EUR exchange rate, there were used the values published by FED, with the oldest data there were accepted the count ECU to EUR. The data were taken both from the weekly closing values of mentioned stock indexes and weekly closing values of USD/EUR exchange rate.The analysis was done with using the methods of quantification of „running market returns“ (recount to the average annual values of indexes from the view of both investors within the set investment horizon. The elemental statistical level characteristic – simple average, median and statistical characteristic of variability – standard deviation and variation coefficient were quantified from this time series of annual running market returns. The analysis, which was purposely oriented to six basic different long investment horizon (1 year, 2 years, 3 years, 5 years, 7 years, 10 years, has approved that in focused term of 1980–2004 the market returns of picked stock market from the view of both investors (American and European was generally higher in longer investment horizon than in the shorter investment horizon. The values of variation coefficient in

SOLAR ENERGY POLICY DEVELOPMENTS IN EUROPE

OpenAIRE

Mihaela PÃCE?ILÃ

2015-01-01

Solar energy is one of the most important renewable energy sources in Europe offering new possibilities to generate electricity and heat. In this context, the study provides accurate information about researches that characterize the solar resource and investigates the potential of solar energy in European countries. The analysis is also focused on the current status of market development including photovoltaic capacity, electricity production from solar photovoltaic power, solar thermal capa...

Hydrogen, the phenomenon is reaching the Europe; Hydrogene, la deferlante atteint l'Europe

Energy Technology Data Exchange (ETDEWEB)

NONE

2001-07-01

More and more contracts and research programs are decided in Europe to promote the hydrogen energy. The market is today still moderate but the forecasting are great in many domains. This paper provides some data and trends on the hydrogen market. (A.L.B.)

Research network on capital markets and financial integration in Europe : results and experience after two years

OpenAIRE

European Central Bank ; Center for Financial Studies (CFS)

2008-01-01

In April 2002 the European Central Bank (ECB) and the Center for Financial Studies (CFS) launched the ECB-CFS Research Network to promote research on “Capital Markets and Financial Integration in Europe”. The ECB-CFS research network aims at stimulating top-level and policy-relevant research, significantly contributing to the understanding of the current and future structure and integration of the financial system in Europe and its international linkages with the United States and Japan. This...

Cooperative associations. Europe's Third Way?

NARCIS (Netherlands)

Jorna, F.B.A. (Frans)

2012-01-01

The main stream literature on social justice and European integration distinguishes between three models of providing social justice in Europe: the family, the market and the state. Markets have demonstrated their limitations in the current economic crises, and New Public Management quickly

Suppliers response to liberalization in Europe

International Nuclear Information System (INIS)

Boon Von Ochssee, T.

2007-03-01

Current EU target of achieving a fully liberalized internal market today does not guarantee the availability of volumes tomorrow. Europe will have to compete with other markets, such as the US in the Atlantic Basin and perhaps the Pacific Basin in the future as far as LNG is concerned. Thus, it is against the backdrop of scarcity in a seller's market that Europe's security of supply must be perceived in the period leading up to 2010, 2020 and beyond. Nevertheless, the focus of Europe's energy concerns will lay with internal developments, primarily competition, unbundling and the ostensible development of an increased share of sustainable energy mix by 2020. Whether the European Commission's ultimate goal, a transparent and completely liberalized gas network system, will be supplied with the necessary volumes to sustain demand growth is another matter. This article seeks to shine the limelight on the external aspects of the EU energy dimension.

Training and certification of PV installers in Europe

International Nuclear Information System (INIS)

Tsoutsos, Theocharis; Tournaki, Stavroula; Gkouskos, Zacharias; Masson, Gaetan; Holden, John; Huidobro, Ana; Stoykova, Evelina; Rata, Camelia; Bacan, Andro; Maxoulis, Christos; Charalambous, Anthi

2013-01-01

The European strategy for the coming decades sets specific targets for a sustainable growth, including reaching a 20% share of renewables in final energy consumption till 2020. To achieve this target, a number of initiatives and measures have been in force. Europe, is currently the largest market for PV systems with more than 75% of the annual worldwide installations in 2011. The favourable European policies as well as the Member States’ supporting legislations have resulted in high market growth for photovoltaics. Applying PV technologies however, requires high qualified technicians to install, repair and maintain them. Until today, national markets have been growing faster than the skilled PV installers force can satisfy. The PVTRIN, an Intelligent Energy Europe action, addresses these issues by developing a training and certification scheme for technicians active in the installation and maintenance of small scale PV systems. During the implementation of the action, a market research was conducted in the six participating countries in order to record the stakeholders’ attitudes, perceptions and considerations and to adapt the training methods, tools and materials to the national PV industry requirements and markets’ needs. Indicative results of this analysis as well as the current situation regarding relevant training and certification schemes are presented in this paper. - Highlights: ► Market research in six EU countries on PV professional Training and Certification needs. ► PVTRIN scheme integrates the national legislations and the market's needs. ► The different aspects (technical, institutional, financial) are presented

ROMANIA – PORTUGAL: A COMPARATIVE ANALYSIS OF THE TWO COUNTRIES’ LABOUR MARKETS

Directory of Open Access Journals (Sweden)

DIMIAN Gina Cristina

2011-12-01

Full Text Available Our choice was justified by the fact that between the two countries exist some features that make them interesting to study from the employment point of view. Thus, both countries are Latin and this is why we consider they are comparable, because employment means people, more precisely mentalities and attitudes to work. We considered that it is interesting to see how the labour market from the east Latin Europe has evolved, in a comparable, crucial period, with its counterpart from west Latin Europe. First of all, we would like to point out the fact that our intention is to analyse the periods which from the economic history point of view have influenced in a decisive manner the present evolution of the two countries. The Portugal labour market is a subject of real scientific interest (we would like to mention that even Michael Porter was interested by this topic. Our paper tries to emphasize the common and different features of the two labour markets, in order to facilitate an experience sharing process on this topic. To achieve the paper’s objectives statistical and cluster analysis have been used. This is one of the best ways to capture the influence of determinant factors on labour market performance. The degree of originality is given by the assumed objectives, namely studying some very up-to-date problems from an interconnected perspective (historical similarities, structural changes, labour market performance and analyzing the Romanian situation compared to other EU countries, i.e. Portugal. The main impact of the paper will be on the practical level through the model outcomes and conclusions. One of the objectives is to look for solutions to the problems identified and to persuade policy makers to give them a greater importance. Our main contribution is represented by the fact that we have approached this topic from an economic and historical perspective, trying to find explanations for the present situation in the modern past of the

Capital Markets Union for Europe

DEFF Research Database (Denmark)

Ringe, Georg

2015-01-01

The merits of the “Capital Markets Union” project lie with its political importance, rather than its legal coherence or significance. Despite a number of substantial flaws, the initiation of this project comes at the right time. The Commission first and foremost sends a political message to the UK...... and other non-Euro Member States, as well as a commitment to the Single Market....

International gas pricing in Europe and Asia: A crisis of fundamentals

International Nuclear Information System (INIS)

Stern, Jonathan

2014-01-01

In Continental Europe and LNG importing Asia, international gas prices reflect the market fundamentals of the 1970s–1990s when gas was replacing oil products and crude oil in energy balances. By the end of the 2000s, fundamentals in both these regions had changed significantly, but gas price formation mechanisms had not. This created major problems for buyers locked into long term contracts indexed to crude oil and oil product prices, which had risen to levels far above gas market fundamentals. By 2013, the transition to hub-based pricing was well advanced in Europe and dominant in the large markets in the north west of the Continent. In Asia the “crisis of fundamentals” was only just starting to be addressed with a transition to market pricing an urgent imperative, but still a distant prospect. - Highlights: • International gas prices in Europe and LNG importing Asia no longer reflect market fundamentals. • This became highly problematic in Europe post-2008 and in Japan post-Fukushima. • The result has been a significant switch to hub pricing in Europe. • In Asia, no substantial action has been taken beyond some new contracts based on Henry Hub prices

The labour market intentions and behaviour of stay-at-home mothers in Western and Eastern Europe

OpenAIRE

Gauthier, A.H.; Emery, T.; Bartova, A.

2016-01-01

textabstractDespite recent increases in female labour force participation across Europe, a non-negligible proportion of women continue to remain out of the labour force for short or longer periods of time. Among the six countries included in this paper, stay-at-home mothers represent on average 33% of all mothers with children under the age of 12. Using two waves of data from the Generations and Gender Survey, we examine cross-national differences in the labour market intentions and behaviour...

Energy in Eastern Europe

International Nuclear Information System (INIS)

Bouma, J.W.J.

1993-01-01

The present energy market in Central and Eastern Europe differs strongly from the energy situation in open market economies. Compared to the European Communities, the energy market in Central and eastern Europe is characterized by its high energy intensity, high quantity of imported oil and gas from a one country (the ex-Soviet Union), the dominant role of solid fossil fuels in some countries, and environmental pollution. Expected future developments are the reduction of the energy intensity and the total energy consumption, the reduction of the industrial energy consumption, the reduction of the solid fossil fuels as well as the geographic distribution of energy import. The restructuring of the energy industry has been started by introducing a market orientated policy including privatisation and the promotion of the free play of price-making forces, accompanied by relatively small-scale investments. Recent data indicate a decrease of energy consumption due to the economic decline and the shut-down of companies in the heavy industries. (A.S.) 4 figs. 5 tabs

Potato developments in a changing Europe

NARCIS (Netherlands)

Haase, N.U.; Haverkort, A.J.

2006-01-01

The papers in this book reflect societal and commercial changes such as consumer behaviour and marketing aspects in relation to fresh and processed potatoes in western, central and eastern Europe. Seed trade between western and central Europe is entering a new stage with altered inspection

Marketing everything and theming sameness: Urban destination marketing in contemporary Europe

Directory of Open Access Journals (Sweden)

Heeley John

2014-01-01

Full Text Available This paper reviews the academic and practitioner literature on urban destination marketing, suggesting that it contains within it a dominant paradigm which the author characterises as 'the theory of marketing competitive advantage'. As such, this theory requires towns and cities to differentiate themselves through the provision of unique products, based on which they subsequently undertake branding, market positioning, distribution and other activities through bespoke destination marketing organisations (DMOs. Practice is then contrasted with theory by reference to a discordant strad of the literature as well as the actual destination marketing currently being undertaken in 60 European towns and cities. The theory of marketing competitive advantage is shown to be an ideal which rarely translates into practice. Irrespective of whether or not a town or city possesses competitive advantage, DMO destination marketing gravitates almost inexorably towards a 'marketing of everything'. Such an approach, in turn, reduces to a bland and monolithic 'theming of urban sameness', all of which is diametrically opposite to what one would expect to be the case as per the theory of marketing competitive advantage. The author contends that this gap between theory and practice matters, necessitating a rethinking of how academics and practitioners should in future seek to explain or otherwise account for urban destination marketing.

Large wind turbine development in Europe

Energy Technology Data Exchange (ETDEWEB)

Zervos, A. [Center for Renewable Energy Sources, Attikis (Greece)

1996-12-31

During the last few years we have witnessed in Europe the development of a new generation of wind turbines ranging from 1000-1500 kW size. They are presently being tested and they are scheduled to reach the market in late 1996 early 1997. The European Commission has played a key role by funding the research leading to the development of these turbines. The most visible initiative at present is the WEGA program - the development, together with Europe`s leading wind industry players of a new generation of turbines in the MW range. By the year 1997 different European manufacturers will have introduced almost a dozen new MW machine types to the international market, half of them rated at 1.5 MW. 3 refs., 3 tabs.

Energy Sector Market Analysis

Energy Technology Data Exchange (ETDEWEB)

Arent, D.; Benioff, R.; Mosey, G.; Bird, L.; Brown, J.; Brown, E.; Vimmerstedt, L.; Aabakken, J.; Parks, K.; Lapsa, M.; Davis, S.; Olszewski, M.; Cox, D.; McElhaney, K.; Hadley, S.; Hostick, D.; Nicholls, A.; McDonald, S.; Holloman, B.

2006-10-01

This paper presents the results of energy market analysis sponsored by the Department of Energy's (DOE) Weatherization and International Program (WIP) within the Office of Energy Efficiency and Renewable Energy (EERE). The analysis was conducted by a team of DOE laboratory experts from the National Renewable Energy Laboratory (NREL), Oak Ridge National Laboratory (ORNL), and Pacific Northwest National Laboratory (PNNL), with additional input from Lawrence Berkeley National Laboratory (LBNL). The analysis was structured to identify those markets and niches where government can create the biggest impact by informing management decisions in the private and public sectors. The analysis identifies those markets and niches where opportunities exist for increasing energy efficiency and renewable energy use.

Corporate social responsibility in global and local companies of Southeast Europe

Directory of Open Access Journals (Sweden)

Čibukčić Fuad

2017-01-01

Full Text Available The aim of this work is the analysis of theoretical assumptions and empirical research to find the answer to the question on how the activities in the field of corporate social responsibility in the region of Southeast Europe are present in the business of global and local companies market. Whether and to what extent to implement socially responsible behavior of companies with a different ownership structure, the revenue volume, market share, market activities and markets where it operates, and if the objectives of the companies are in line with the goals of social communities. they offer other than legal, and more benefits for their employees and provide them extra protection, whether, and to what extent, the state helps in carrying out socially useful activities and the compliance of the company's positive legal norms and international standards? The result of the research offered the conclusion that social responsibility activities in companies market of SE Europe are present in an increasing scope, a CSR program contributes to the awareness of the importance and necessity of such activities in the construction of a positive corporate image and relations of the companies with communities and stakeholders in the region.

Sectoral panorama: the electric power sector in Europe

International Nuclear Information System (INIS)

Mons, L.

2003-10-01

This study takes stock on the main european markets to help the electric power companies in their decisions and investments. The first part presents the electric power sector structure in Europe. The second part is devoted to the market evolution for the different european markets (german, french, british, italian and spanish) with an analysis of the retail prices, the competition and the evolution perspectives. The third part presents the highlights in the electric power sector between 2001 and the middle of 2003. The enterprises management and strategies are presented in the fourth part. In the last part the document analyzes the financial performances of the sector and the electric power companies. (A.L.B.)

The Impact of Future Demographic Trends in Europe, 2005-2050

Directory of Open Access Journals (Sweden)

Marek Kupiszewski

2008-01-01

Full Text Available The objective of the paper is to examine the future of populations within the Council of Europe member states, identify the main trends and discuss their policy implications. The analysis focuses on the impact that future demographic trends will have on the following social domains: education, the labour market, health care and care of the elderly and social protection. The study aims to be policy-oriented and to provide an overview of future demographic trends for 2005-2050 in the Council of Europe member states, as well as presenting an analysis related to selected policies and an interpretation of these trends. The analysis of population dynamics in the coming 45 years is based on the United Nations population projection of 2005.

The operation of wholesale electricity, CO2 and natural gas markets in 2010-2011

International Nuclear Information System (INIS)

2011-01-01

The first part analyses the electricity wholesale markets: development of the main wholesale market segments, electricity price, electricity production analysis and transparency of production data, transaction analysis. The second part analyses CO 2 markets: evolution of the institutional framework and perspectives, exchanges volumes on the CO 2 market, the CO 2 price in Europe, fundamentals of the European CO 2 market. The third part addresses the gas market: development of gas trade, gas price, gas infrastructures, supply and outlets for stake holders and new comers

Organic Marketing Initiatives in Europe

OpenAIRE

Sylvander, Bertil; Kristensen, Niels Heine

2004-01-01

In the second half of the 20th century, agriculture in Europe has undergone profound technological change, associated with and to an extent supporting the long post-war economic boom. This process has not gone unchallenged, however; some resistance to the process has come from a growing perception of environmental (and to an extent social) degradation, and some farms and businesses, particularly in Less Favoured Areas, have been simply unable to keep up. For both groups, organic farming has m...

Market Access Advancements and Challenges in “Drug-Companion Diagnostic Test” Co-Development in Europe

Directory of Open Access Journals (Sweden)

Ildar Akhmetov

2015-06-01

Full Text Available The pharma ecosphere is witnessing a measured transformation from the one-size-fits-all or blockbuster model of drugs to more informed and tailored personalized treatments that facilitate higher safety and efficacy for a relevant sub-population. However, with several breakthroughs still in a nascent stage, market access becomes a crucial factor for commercial success, especially when it comes to co-creating value for pertinent stakeholders. This article highlights diverse issues from stakeholder perspectives in Europe, specifically the ones which require immediate resolution. Furthermore, the article also discusses case studies articulating potential solutions for the issues discussed.

Reducing market distortions by setting harmonized standards for decommissioning and waste management funds in Europe

International Nuclear Information System (INIS)

Irrek, W.

2002-01-01

There are significant differences in the operation and accessibility of decommissioning and waste management funds in Europe. The diverging standards for these funds cause substantial market distortions and discrimination between competing electricity producers. Although there are different views regarding the question, if provisions for decommissioning and final waste disposal constitute prohibited state aid within the meaning of Article 87 (1) EC Treaty, and although the decommissioning and waste management funds is not a new issue, the liberalisation process across the EU means that this issue is one which must be addressed quickly by EU and national policy. (author)

Hydro investment analysis under new market conditions

Energy Technology Data Exchange (ETDEWEB)

Doorman, Gerard

2010-07-01

Full text: A future energy system with stronger coupling to Europe and with an increased share of non-regulated renewables will lead to increasing variability of the demand faced by the hydro system. In a market based system these variations will be reflected by larger daily price variations, both in the Elspot day ahead market, the Elbas intraday market and in the balancing market. With its unique regulation capabilities, hydro power will be very well positioned to handle these variations. However, existing model concepts for long term hydro scheduling were not developed for this framework, and do not take the new market conditions into account to a sufficient degree. Therefore hydro scheduling tools used for upgrading and investment analysis as well as analysing consequences of new environmental demands need adaptation to a finer temporal resolution, and to perform optimisation under varying constraints and uncertain input data for inflow and electricity prices. Focus is on investment analysis for a river system or power producer. Existing models can be grouped in the long-term (scheduling models with a time horizon up to 5 years) EOPS (Vansimtap), EOPS-ST (SimtapEffekt) and ProdRisk, and the shortterm scheduling models with a typical time horizon up to a few weeks, but focus on 1-2 days (SHOP and ID-SIM). A perfect tool in the present context would combine the properties of the long term stochastic optimisation models with the modelling details of SHOP and/or ID-SIM. However, this is probably not possible and simplifications will be necessary. Some important deficiencies in the present long term models are: Insufficiently realistic plant models in the relevant optimization models; Time delays are not handled; Handing of flexible / state dependent constraints; Handling of ramping constraints; Modelling of the cost of frequent regulations (wear and tear); Reserve markets As a result of these deficiencies the investment analysis does not adequately assess the value

Trading in Futures: Why Markets in Education Don't Work.

Science.gov (United States)

Lauder, Hugh; Hughes, David

Throughout the English-speaking world, and now Western Europe and parts of East Asia, parental choice and educational markets are being seen by politicians and policy advisors as the panacea to problems of low educational standards and social exclusion. This book tests the key assumptions underlying the faith in markets by linking an analysis of…

Flow-based market coupling. A joint ETSO-EuroPEX proposal for cross-border congestion management and integration of electricity markets in Europe. Interim report

International Nuclear Information System (INIS)

2004-09-01

ETSO and EuroPEX have previously published separate proposals for congestion management and market operation across borders in Europe. ETSO has described a 'vision' in which Transmission System Operators (TSOs) would support trade between a variety of different markets by taking explicit account of the physical flows of electricity between them ('flow-based modelling'). EuroPEX has described 'Decentralized Market Coupling' as a method to integrate regional energy markets with cross-border congestion management. In most respects the ETSO and EuroPEX proposals are consistent and complementary. In particular, both organisations agree that market-based congestion management mechanisms should be used at all borders wherever possible, and that they should be co-ordinated to take account of the interdependence of physical flows. Furthermore, both ETSO and EuroPEX recognize that integrated markets are in general more efficient than separate ones, but accept that coupling of regional markets is the most realistic way of achieving efficiency benefits in the short and medium term. The commonalty between the ETSO and EuroPEX proposals has been noted by the 'Florence' Regulators' Forum, which has therefore encouraged ETSO and EuroPEX to work together to develop joint proposals. They have responded by setting up a Joint Working Group, which has produced this report to describe its progress to date. Currently, there exists a wide variety of organisational structures and operational practices in Europe. Consequently, ETSO and EuroPEX agreed at an early stage that, although a joint vision of a flow-based market coupling (FMC) model should be developed, it was equally important to identify how the current arrangements could evolve towards it in a series of practical steps. The work is not yet complete. This is an interim report designed to expose ideas at an early stage to enable Regulators, Users and other interested parties to join the debate and provide feedback. In particular

Flow-based market coupling. A joint ETSO-EuroPEX proposal for cross-border congestion management and integration of electricity markets in Europe. Interim report

Energy Technology Data Exchange (ETDEWEB)

NONE

2004-09-01

ETSO and EuroPEX have previously published separate proposals for congestion management and market operation across borders in Europe. ETSO has described a 'vision' in which Transmission System Operators (TSOs) would support trade between a variety of different markets by taking explicit account of the physical flows of electricity between them ('flow-based modelling'). EuroPEX has described 'Decentralized Market Coupling' as a method to integrate regional energy markets with cross-border congestion management. In most respects the ETSO and EuroPEX proposals are consistent and complementary. In particular, both organisations agree that market-based congestion management mechanisms should be used at all borders wherever possible, and that they should be co-ordinated to take account of the interdependence of physical flows. Furthermore, both ETSO and EuroPEX recognize that integrated markets are in general more efficient than separate ones, but accept that coupling of regional markets is the most realistic way of achieving efficiency benefits in the short and medium term. The commonalty between the ETSO and EuroPEX proposals has been noted by the 'Florence' Regulators' Forum, which has therefore encouraged ETSO and EuroPEX to work together to develop joint proposals. They have responded by setting up a Joint Working Group, which has produced this report to describe its progress to date. Currently, there exists a wide variety of organisational structures and operational practices in Europe. Consequently, ETSO and EuroPEX agreed at an early stage that, although a joint vision of a flow-based market coupling (FMC) model should be developed, it was equally important to identify how the current arrangements could evolve towards it in a series of practical steps. The work is not yet complete. This is an interim report designed to expose ideas at an early stage to enable Regulators, Users and other interested parties to join the

Elements of stock market analysis

Directory of Open Access Journals (Sweden)

Suciu, T.

2013-12-01

Full Text Available The paper represents a starting point in the presentation of the two types of stock/market analysis: the fundamental analysis and the technical analysis. The fundamental analysis consist in the assessment of the financial and economic status of the company together with the context and macroeconomic environment where it activates. The technical analysis deals with the demand and supply of securities and the evolution of their trend on the market, using a range of graphics and charts to illustrate the market tendencies for the quick identification of the best moments to buy or sell.

Energy policy for Europe. Ensuring secure and low-carbon energy in the EU's internal market. Interim report

International Nuclear Information System (INIS)

Egenhofer, C.; Hammes, J.J.; Pedersen, K.

2006-12-01

In early March 2006, the European Commission re-launched the discussion on an Energy Policy for Europe with the 2006 publication of its Green Paper 'Secure, Competitive and Sustainable Energy for Europe'. This manifests the EU's will to broaden its reflection on its future energy systems, taking into account increasing market liberalisation and globalisation, environmental pressures, technological challenges and the growing import dependency from politically unstable regions. Other major contributions to this debate include the climate change communication 'Winning the battle against climate change' (published in 2005), the Green Paper on Energy Efficiency (2005), the Energy Efficiency Action Plan (2006), the ongoing works of the High Level Group on Competitiveness, Energy and the Environment (2006) and the enquiry into the energy sector by DG Competition of the European Commission in 2006. The Spring European Council in March 2006 welcomed the Energy Policy Green Paper and committed itself adopting a prioritised Action Plan at its spring session in 2007, to be prepared by the European Commission and the Energy Council. Early next year, the European Commission will table both the EU Strategic Energy Review, accompanied by a number of sectoral policies and a Green Paper on future climate change policy for the period post-2012 when the Kyoto Protocol expires. Both the EU Strategic Energy Review and the post-2012 Green Paper will outline the European Union (EU) 'energy and climate change vision' and propose a roadmap towards achieving EU energy and climate change objectives, namely, how to ensure the competitiveness of European industries while at the same time combating climate change and ensuring security of energy supply. To contribute to this debate, the CEPS multi-stakeholder Task Force on 'energy policy for Europe' has presented this Interim Report, which attempts to develop the key elements for an EU energy policy framework. Although this report will focus

The state of the North-European electricity market. Attempt to a problem-oriented analysis

International Nuclear Information System (INIS)

Kaerrmarck, U.

2001-11-01

This analysis covers the period 2000-2005, plus a few longer prognoses. Most analyses that preceded the deregulation of the electricity market in Europe, held the opinion that the market, due to the important over capacity, would be characterized by a severe price competition and lead to a market restructuration with only a few large producers surviving. The need for new investments was considered to be limited. Even a growing demand for electricity would not disturb the price reductions. The development followed this scheme to a certain extent. The restructuring is taking place. The utilities EdF (France), ENI (Italy), E.On, RWE (both Germany) and Vattenfall (Sweden) are obtaining dominant positions on their largely extended markets. But the prices have been stabilized on a level above the marginal production costs, and the power surplus has been halved compared to 1998. Northern Europe is approaching a state with increasing prices and threatening power shortages. The producers have adapted to the new situation by exploiting the differences in production- and demand-structure in the different countries and the associated price differences. Producers in Germany have instead of competing with the price chosen to close down a number of plants with large investment needs and high operating costs. The energy policy of all countries in the region gives highest priority to investment in renewable energy sources, which can not replace all the capacity lost by closing fossil and nuclear power plants. The ambition of the power producers to regain control of the market and the political inclination to prioritize CO 2 -free power production has, in combination, led to a strengthening of the existing producers and denying market access for new larger actors. New base load production capacity will be needed in the long run, and investment decisions are needed in the near future, if risks for power shortages are to be avoided. Increasing prices will stimulate commercial

Nuclear energy in Western Europe

International Nuclear Information System (INIS)

Loennroth, M.; Walker, W.

1984-01-01

This is an overview of nuclear energy in Western Europe, as seen by two Western Europeans, attempting to place the topic into the context not only of energy supply but also of industrial relations, institutional structure, and sociocultural factors. Although its main focus is Western Europe, it is sometimes necessary to glance at the wider context, in particular the industrial relations with the United States and Japan. Export markets are also considered, in particular, in the Pacific. The paper does not, however, deal with nonproliferation policies and the possible difference of opinion within Western Europe and between Western Europe and other regions over this topic. (author)

Spot Markets Indices as Benchmarks of Formation of Future Price Trends in the Power Exchanges of Eastern Europe

Directory of Open Access Journals (Sweden)

Polikevych Nataliya I.

2016-01-01

Full Text Available The article is concerned with a theoretical generalization of the use of indices for electric power at the European spot exchanges and elaborating proposals on establishment of a similar spot index for the Ukrainian power exchange. 16 indices that are published daily by the power exchanges BSP Regional Energy Exchange, Power Exchange Central Europe, Polish Power Exchange and Opcom have been analyzed. It has been indicated that these indices are used for electricity price forecasting and monitoring the situation in the power market. The article examines the way spot indices are calculated by power exchanges, based on the value of the arithmetic average of market prices «day ahead». Imperfection of such way of calculation for price index values has been substantiated. The key characteristics of the future price index for Ukrainian spot market as benchmarks within the introduction of futures contracts for electricity have been identified.

Liberalization and enlargement: effects of the industrial organisation of natural gas markets in Eastern Europe

International Nuclear Information System (INIS)

Pirovska, M.

2005-01-01

After half a century of political division within the European continent, and of State control over national energy industries, a new industrial and political organisation model aiming at creating a single natural gas market tends to emerge currently within the enlarged European Union. Yet new member countries are former centrally planned, socialist economies, with very different industrial structures for natural gas. However, those countries should adjust to the institutional framework applicable in the European Union, including bringing their gas industries into compliance with the liberalization process that old member countries initiated years ago. In that unprecedented context, one basic issue is whether the gas industry liberalization, in the framework of the enlargement, will have expected results in terms of competition, efficiency and profits for Eastern countries, whether new members or candidates for membership. The objective of the research work behind this article was to analyse the effects of that complex trend on the industrial organisation of gas markets in eastern Europe. (author)

Mobility in Europe: Recent Trends from a Cluster Analysis

Directory of Open Access Journals (Sweden)

Ioana Manafi

2017-08-01

Full Text Available During the past decade, Europe was confronted with major changes and events offering large opportunities for mobility. The EU enlargement process, the EU policies regarding youth, the economic crisis affecting national economies on different levels, political instabilities in some European countries, high rates of unemployment or the increasing number of refugees are only a few of the factors influencing net migration in Europe. Based on a set of socio-economic indicators for EU/EFTA countries and cluster analysis, the paper provides an overview of regional differences across European countries, related to migration magnitude in the identified clusters. The obtained clusters are in accordance with previous studies in migration, and appear stable during the period of 2005-2013, with only some exceptions. The analysis revealed three country clusters: EU/EFTA center-receiving countries, EU/EFTA periphery-sending countries and EU/EFTA outlier countries, the names suggesting not only the geographical position within Europe, but the trends in net migration flows during the years. Therewith, the results provide evidence for the persistence of a movement from periphery to center countries, which is correlated with recent flows of mobility in Europe.

Unified electricity market

International Nuclear Information System (INIS)

Anon

2011-01-01

A unified European electricity market means a unification and harmonisation of functioning of the national electricity market into one European Market or into one entity. It gives an opportunity to Slovenske elektrarne to open room for their wider activity within Europe where common rules for cross-boarder trade and markets functioning will apply. (author)

Destination Attributes and Chinese Outbound Tourism to Europe

OpenAIRE

Andreu, Rosario; Claver-Cortés, Enrique; Quer, Diego

2014-01-01

China is one of the fastest growing outbound tourism markets. Europe is an attractive destination for Chinese tourists. However, Europe still accounts for a small percentage of Chinese outbound tourism. If European countries want to benefit from this market, they should pay attention to Chinese tourists’ preferences. This article contributes to the understanding of Chinese outbound tourism by analyzing those destination attributes that can influence the number of Chinese tourists received. Fr...

AN OVERVIEW OF THE TOBACCO BLACK MARKET IN EUROPE

Directory of Open Access Journals (Sweden)

Loredana Maftei

2012-10-01

Full Text Available Cigarette smuggling is a global phenomenon and so well-organized that it poses a serious threat to public health and national economies. The aim of the article is to highlight the main definitions and classifications between illegal tobacco trade and cigarette smuggling and also to describe the general situation of Europe. Based on data retrieved from International Tobacco Trade and UNODC, the paper is focused on the price differences, source countries, supply and demand and on the analysis of reports and articles. Furthermore the main findings emphasize the role of high taxation and corruption which have affected the European economies.

Electricity and gas market observatory. 2. Quarter 2008

International Nuclear Information System (INIS)

2008-01-01

The purpose of the observatory is to provide the general public with indicators for monitoring market deregulation. It both covers the wholesale and retail electricity and gas markets in Metropolitan France. This observatory is updated every three months and data are available on CRE web site (www.cre.fr). Since the 1 of July 2007, all customers can choose their gas and electricity suppliers. Content: A - The electricity market: The retail electricity market (Introduction, Customer segments and their respective weight, Status at June 30, 2008, Dynamic analysis: 2. Quarter 2008); The wholesale electricity market (Introduction, Wholesale market activity in France, Prices on the French wholesale market and European comparison, Import and export volumes, Concentration of the French electricity market); B - The gas market: The retail gas market (Introduction, Customer segments and their respective weight, Status on June 30, 2008, Dynamic analysis: 2. Quarter 2008); The wholesale gas market (Gas pricing and gas markets in Europe, The wholesale market in France); C - Appendices: Electricity and gas market observatories combined glossary, Specific electricity market observatory glossary, Specific gas market observatory glossary

Gas strategies in Europe

International Nuclear Information System (INIS)

Le Floch-Prigent, L.

1992-01-01

The different factors affecting gas supply and demand in Europe are examined and the strategies considered necessary to ensure a successful European gas market in the 21st century are outlined. A number of conclusions are drawn. Even though a significant rise in the total demand for gas in Europe is forecast, there are enough sources to cover this demand. However, to think that this gas will be available at cheap conditions is an illusion. These sources are located further and further away which means that their costs will increase. Given the risks inherent in exploring, producing, transporting and marketing these reserves, all the concerned parties must be allowed an acceptable rate of return on their investment. The environmental positive assets inherent in natural gas will guarantee the industry a bright future if they can be fully exploited. New regulations must not hinder the development of new markets or the construction of new infrastructures. The transit directive already permits the softening of the rules regarding transportation; but in order for it to come into real effect there must be gas available on the market. (author)

Green Energy Outlook in Europe. Strategic prospects to 2010

International Nuclear Information System (INIS)

2002-07-01

As the successor to last years' report The Green Energy Outlook 2001 by Reuters Business Insight, this new report focuses on the opportunities that are opening across Europe. In particular the report evaluates the implications of trading in a harmonised green energy market and how certification and labelling will affect trading strategies. Renewable energy is rapidly becoming an important commodity. The report forecasts a green certificate market of over 20 to 30 billion Euro in 2010, largely driven by environmental policy and the increasing viability of green technologies. The impact of new policies and key issues such as certification and labeling are significant factors of the current European renewable energy market. This report evaluates the current market and identifies the main areas for growth and development to 2010. The latest market research and analysis, detailed country profiles, key players' strategies and recommendations for success in the expanding and evolving market make this report a must for every company and government with interest in the renewable energy market

Competition in the power markets of Northern Europe; Konkurranse i kraftmarkedene i Nord-Europa

Energy Technology Data Exchange (ETDEWEB)

Tennbakk, Berit

1998-12-01

This report analyses the question whether a working wholesale market for electricity will develop in Northern Europe despite the differences in external conditions and in industrial structure. A recent EC directive and the approach towards a liberalization of the European energy markets direct attention to increased integration and trade with electricity. It is unclear whether the directive will have the intended impact. Norway, Sweden and Finland have deregulated their power markets, while Denmark, Germany and the Netherlands still have a monopolistic market structure. The most important difference between the deregulated and the monopolistic systems is that in the deregulated system the technical network activities are separated out and regulated while the suppliers compete in a market. The technical properties of network operation and the systems properties of the network imply advantages under large-scale operation that indicate that network operation is a natural monopoly which must be regulated. However, there are few essential large-scale advantages in the production of electric power. Thus, business based on competition implies that transmission and distribution should be regulated and that competition is allowed in those parts of the trade that do not profit from large-scale operation. International power trade is not necessarily a goal in itself. If transporting the energy carriers used in power production is cheaper than electric power, then the power plants should be placed where the demand is. In the development of the national systems, requirements have been imposed on the power sector in addition to cost-efficiency. Hence there is great variation in production structure and costs among countries, which provides a basis for profitable trade. In fact, there is a great potential for increased efficiency by increasing the trade among the EC countries. 23 refs., 7 tabs.

The prospects of development of the market of cogeneration in Europe; Les perspectives de developpement du marche de la cogeneration eu Europe

Energy Technology Data Exchange (ETDEWEB)

Cotard, E. [Association Europeenne de Promotion de la Cogeneration, COGEN Europe (Country unknown/Code not available)

1999-01-01

Cogeneration or Combined Heat and Power has a high overall efficiency and brings about important environmental advantages in particular in terms of CO{sub 2} emissions. This win-win position is crucial at a time of widespread liberalization in energy markets. However, as shown by the various development rates within the EU, cogeneration is not equally treated across Europe. These differences are not only due to local climates - the development difference can ba as high as over 30% for example between France and The Netherlands. Nevertheless some recent European legislation such as the Gas and the Electricity Directives attempt to harmonize through liberalization. Liberalization should have positive aspects for cogeneration, in particular industrial cogeneration, provided that it is well designed and implemented. (authors)

Forex markets: technical analysis and algorithmic trading

OpenAIRE

Klepić, Igor

2013-01-01

Technical analysis is an efficient way for analysing financial markets such as forex where currencies are being traded. Forex market is the biggest market among all of them which is closed only during weekends. Analysis uses past behaviour of the market and with different mathematical methods tries to predict the future movement of the market. With the help of technical analysis forex market allows individuals as well as large financial corporations to efficiently manage their wealth while th...

Long term Gas Supply Security in an Enlarged Europe. Final Report ENGAGED Project

International Nuclear Information System (INIS)

Van Oostvoorn, F.; Likachev, V.; Morgan, T.

2004-12-01

The title project concerned a study on the long-term gas supply security in Europe with a focus on the developments, risks and policies in the candidate countries in Eastern Europe. For that reason the report not only includes a European and EU-30 wide scenario analysis but also chapters on specific topics. One study (a chapter in this report) concerns the gas market and regulation developments in a number of relevant candidate countries. Another chapter presents a Russian vision on gas demand, production and supplies from Russia and also includes a paragraph on the supplies from other neighbours and the transit issues in the Ukraine. Finally, the report contains a chapter discussing the required network infrastructure for bringing the gas from external gas suppliers to the EU-30 markets. Hereby it analysis and tests the network flexibility to cope with some unlikely and unexpected supply interruptions in main pipelines to EU markets. The background information of the studies underlying the chapters can be partly found in the annexes and in the individual task reports. During the project the results of the study were discussed at several seminars in candidate countries and particularly on the final seminar in Prague, in June 2003, with different and important stakeholders and market actors

Globalization of the art market [emerging art markets

NARCIS (Netherlands)

Velthuis, O.

2015-01-01

Since the 1980s art markets have developed rapidly outside of Europe and the USA. In the so-called BRIC countries (Brazil, Russia, India, and China) this development has been particularly dynamic. With aggregate sales estimated at €11.5 billion, China is the second largest market for art and

A Strategic Market Analysis of the Open Market Corridor

National Research Council Canada - National Science Library

Clark

2003-01-01

... and an overall marketing strategy for the Open Market Corridor. Through comprehensive literature review and information gathering a focused analysis of a specific potential customer Naval Supply Systems Command (NAVSUP...

Towards A New 'Company' Structure For High-Tech Start-Ups in Europe

NARCIS (Netherlands)

McCahery, J.A.; Vermeulen, E.P.M.

2001-01-01

As far as the venture capital market is concerned, it is widely assumed that Europe lags way behind the United States. Recent papers have asserted that, in order to bridge this gap Europe should piggyback on US capital market institutions and their securities regulations. This paper critically

Power Markets. Creating a regional power market

International Nuclear Information System (INIS)

Beckman, K.; Belin, H.

2009-01-01

One article and one column in the section 'Power markets'. In the article attention is paid to the leading role of the Netherlands in the pursuit of a fully integrated North West European electricity market. the column 'View from Brussels' focuses on the 'Sustainable Energy Europe' campaign and the related EU Sustainable Energy Week in February 2009

Prevalence of gestational diabetes mellitus in Europe: A meta-analysis.

Science.gov (United States)

Eades, Claire E; Cameron, Dawn M; Evans, Josie M M

2017-07-01

Estimates of the prevalence of gestational diabetes vary widely. It is important to have a clear understanding of the prevalence of this condition to be able to plan interventions and health care provision. This paper describes a meta-analysis of primary research data reporting the prevalence of gestational diabetes mellitus in the general pregnant population of developed countries in Europe. Four electronic databases were systematically searched in May 2016. English language articles reporting gestational diabetes mellitus prevalence using universal screening in general pregnant population samples from developed countries in Europe were included. All papers identified by the search were screened by one author, and then half screened independently by a second author and half by a third author. Data were extracted by one author. Values for the measures of interest were combined using a random effects model and analysis of the effects of moderator variables was carried out. A total of 3258 abstracts were screened, with 40 studies included in the review. Overall prevalence of gestational diabetes mellitus was 5.4% (3.8-7.8). Maternal age, year of data collection, country, area of Europe, week of gestation at testing, and diagnostic criteria were found to have a significant univariate effect on GDM prevalence, and area, week of gestation at testing and year of data collection remained statistically significant in multivariate analysis. Quality category was significant in multivariate but not univariate analysis. This meta-analysis shows prevalence of GDM that is at the upper end of previous estimates in Europe. Copyright © 2017 Elsevier B.V. All rights reserved.

Local impacts of the deregulation and internationalisation of electricity supply on the EU market with some examples from Northern Europe

International Nuclear Information System (INIS)

Moeding, P.

2000-01-01

The main message of this paper is a hypothesis on the growing gap between the local and the European level, between the large scale actors on the European and global market on one side and the local actors, especially the local and regional politicians, on the other. The Nations regulatory body often creates different rules for the electricity market. As a consequence, energy companies have to adjust their business from country to country and within EU. The market trends of electricity and energy in Europe are similar to those of other large scale industries. The common trends are clear: internationalization and deregulation. As lessons are learnt from the local point of view, this paper discusses what the EU and other important, international actors could and should do to strengthen the legitimate rights of the concerned local and regional population, most often through the elected politicians. On the local level we feel more and more as smaller and smaller pawns in a game, often dominated by anonymous and powerful actors. The national political scene is more and more a too limited area also regarding local affairs. The contents of this paper include four points: History (from the Romans and from the Vikings to EU); the history of siting and of closing nuclear facilities; the new Geography of Electricity in Europe, recent trends; and lessons learnt from the trends at the grass-root-level (subsidiarity)

Cowpea fresh pods - a new legume for the market: assessment of their quality and dietary characteristics of 37 cowpea accessions grown in southern Europe.

Science.gov (United States)

Karapanos, Ioannis; Papandreou, Anastasia; Skouloudi, Marianna; Makrogianni, Despoina; Fernández, Juan A; Rosa, Eduardo; Ntatsi, Georgia; Bebeli, Penelope J; Savvas, Dimitrios

2017-10-01

Cowpea is traditionally cultivated in some regions of southern Europe for its dried seeds; however, there is a scarcity of information on the quality and dietary characteristics of fresh pods, which are occasionally used in folk diets. This paper aims at covering this gap in knowledge, thereby contributing to the dissemination of fresh cowpea pods as a novel product for the market. The quality and dietary characteristics of pods from 37 accessions (Vigna unguiculata ssp. unguiculata and ssp. sesquipedalis) grown in southern Europe were assessed in an attempt to provide information on pod quality and nutritional properties and to identify relationships between quality traits and accession origin. Pods from the sesquipedalis accessions were heavier and larger, and reached commercial maturity 2 days later, than those from the unguiculata accessions. There were also large differences in the quality and dietary characteristics of the accessions. The pods of most accessions were rich in proteins, chlorophylls, carotenoids and phenolics, and showed high antioxidant activity and low concentrations of nitrates and raffinose-family oligosaccharides. Cluster analysis based on quality, dietary or antinutritional traits did not reveal any apparent grouping among the accessions. All the quality characteristics were independent of accession origin and subspecies. Most of the accessions produced fresh pods of good quality and high dietary value, suitable for introduction in the market and/or for use as valuable genetic material for the development of new improved varieties. © 2017 Society of Chemical Industry. © 2017 Society of Chemical Industry.

Electricity and gas market observatory. 4. Quarter 2008

International Nuclear Information System (INIS)

2008-01-01

The purpose of the observatory is to provide the general public with indicators for monitoring market deregulation. It both covers the wholesale and retail electricity and gas markets in Metropolitan France. This observatory is updated every three months and data are available on CRE web site (www.cre.fr). Since the 1 of July 2007, all customers can choose their gas and electricity suppliers. Content: A - The electricity market: The retail electricity market (Introduction, Customer segments and their respective weight, Status on December 31, 2008, Dynamic analysis: 4. Quarter 2008); The wholesale electricity market (Introduction, Wholesale market activity in France, Prices on the French wholesale market and European comparison, Import and export volumes, Concentration of the French electricity market); B - The gas market: The retail gas market (Introduction, Customer segments and their respective weight, Status on December 31, 2008, Dynamic analysis: 4. Quarter 2008); The wholesale gas market (Gas pricing and gas markets in Europe, The wholesale market in France, Prices on the French wholesale market and European comparison, Concentration of the French gas market); C - Appendices: Electricity and gas market observatories combined glossary, Specific electricity market observatory glossary, Specific gas market observatory glossary

The economic and political integration of Europe

International Nuclear Information System (INIS)

Anon.

1992-01-01

This book covers issues concerning US coal and mineral exports to Europe in the wake of the economic and political integration of Europe. Topics addressed include: The European Energy Charter; the implications of the European Energy Charter for coal companies; and tax issues, coal development and the European Common Market

Electricity and gas market observatory. 3. Quarter 2007

International Nuclear Information System (INIS)

2007-01-01

The purpose of the observatory is to provide the general public with indicators for monitoring market deregulation. It both covers the wholesale and retail electricity and gas markets in Metropolitan France. This observatory is updated every three months and data are available on CRE web site (www.cre.fr). Since the 1 of July 2007, all customers can choose their gas and electricity suppliers. The present observatory is including residential customer's statistics. Content: A - The electricity market: The retail electricity market (Introduction, Customer segments and their respective weight, Status at September 30, 2007, Dynamic analysis: 3. Quarter 2007); The wholesale electricity market (Introduction, Wholesale market activity in France, Wholesale market activity in France, Prices on the French wholesale market and European comparison, Import and export volumes, Concentration of the French electricity market); B - The gas market: The retail gas market (Introduction, Customer segments and their respective weight, Status on September 30, 2007, Dynamic analysis: 3. Quarter 2007); The wholesale gas market (Gas pricing and gas markets in Europe, The wholesale market in France); C - Appendices: Electricity and gas market observatories combined glossary, Specific electricity market observatory glossary, Specific gas market observatory glossary

Toward the integration of European natural gas markets:A time-varying approach

International Nuclear Information System (INIS)

Renou-Maissant, Patricia

2012-01-01

Over the past fifteen years, European gas markets have radically changed. In order to build a single European gas market, a new regulatory framework has been established through three European Gas Directives. The purpose of this article is to investigate the impact of the reforms in the natural gas industry on consumer prices, with a specific focus on gas prices for industrial use. The strength of the relationship between the industrial gas prices of six western European countries is studied by testing the Law of One Price for the period 1991–2009. Estimations were carried out using both cointegration analysis and time-varying parameter models. Results highlight an emerging and on-going process of convergence between the industrial gas prices in western Europe since 2001 for the six EU member states. The strength and the level of convergence differ widely between countries. Strong integration of gas markets in continental Europe, except for the Belgian market, has been established. It appears that the convergence process between continental countries and the UK is not completed. Thus, the integration of European gas markets remains an open issue and the question of how far integration will proceed will still be widely discussed in the coming years. - Highlights: ► We investigate the integration of European natural gas markets. ► We use both cointegration analysis and time-varying parameter models. ► We show the failure of cointegration techniques to take account of evolving processes. ► An emerging and on-going process of convergence between the industrial gas prices is at work. ► Strong integration of gas markets in continental Europe has been established.

Analýza sortimentu společnosti Opel Southeast Europe LLC

OpenAIRE

Kalousová, Lada

2017-01-01

The thesis is devoted to product range analysis of Opel Southeast Europe LLC. This paper is focused on Czech and Slovak market. In the first part, author starts with theoretical base, which is followed by a practical part. The next part includes a description of company, analysis of micro and macro environment through Porter's five forces analysis and PESTEL analysis. There is also a description of various Opel models, which are further analyzed in terms of competitive comparison, segment ana...

Implications of Market Frictions : Serial Correlations in Indexes on the Emerging Stock Markets in Central and Eastern Europe

Directory of Open Access Journals (Sweden)

Joanna Olbrys

2014-01-01

Full Text Available Implications of market frictions in the context of serial correlations in indexes on the Central and Eastern European (CEE stock markets have been analysed. Market frictions, such as non-trading effects, bid/ask spreads, other transaction costs, etc., may be detected by direct measurement, or by indirect identification. Direct measurement of frictions is difficult as intraday trading data are unavailable in the case of most of the emerging CEE stock markets. Indirect identification may be conducted by detecting some empirical phenomena. One of them is evidence of serial correlations in indexes, the so-called the Fisher effect. We explore the problem of serial correlations in indexes on the eight CEE stock markets using data samples from each CEE market separately, as well as a "common trading window" approach, which is widely applied in the case of databases with multivariate time series. The evidence is that nonsynchronous trading effect II between markets may substantially disrupt the analysis of index returns on a domestic market. Using a synchronized database, one may erroneously conclude that the Fisher effect does not exist, although it is present. (original abstract

Electricity and gas market observatory. 1. Quarter 2008

International Nuclear Information System (INIS)

2008-01-01

The purpose of the observatory is to provide the general public with indicators for monitoring market deregulation. It both covers the wholesale and retail electricity and gas markets in Metropolitan France. This observatory is updated every three months and data are available on CRE web site (www.cre.fr). Since the 1. of July 2007, all customers can choose their gas and electricity suppliers. Content: A - The electricity market: The retail electricity market (Introduction, Customer segments and their respective weight, Status at March 31, 2007, Dynamic analysis: 1. Quarter 2008); The wholesale electricity market (Introduction, Wholesale market activity in France, Prices on the French wholesale market and European comparison, Import and export volumes, Concentration of the French electricity market); B - The gas market: The retail gas market (Introduction, Customer segments and their respective weight, Status on March 31, 2008, Dynamic analysis: 1. Quarter 2008); The wholesale gas market (Gas pricing and gas markets in Europe, The wholesale market in France, Striking fact of the first quarter 2008); C - Appendices: Electricity and gas market observatories combined glossary, Specific electricity market observatory glossary, Specific gas market observatory glossary

Electricity and gas market observatory. 4. Quarter 2007

International Nuclear Information System (INIS)

2007-01-01

The purpose of the observatory is to provide the general public with indicators for monitoring market deregulation. It both covers the wholesale and retail electricity and gas markets in Metropolitan France. This observatory is updated every three months and data are available on CRE web site (www.cre.fr). Since the 1. of July 2007, all customers can choose their gas and electricity suppliers. Content: A - The electricity market: The retail electricity market (Introduction, Customer segments and their respective weight, Status at December 31, 2007, Dynamic analysis: 4. Quarter 2007); The wholesale electricity market (Introduction, Wholesale market activity in France, Prices on the French wholesale market and European comparison, Import and export volumes, Concentration of the French electricity market, Striking fact of the fourth quarter 2007); B - The gas market: The retail gas market (Introduction, Customer segments and their respective weight, Status on December 31. 2007, Dynamic analysis: 4. Quarter 2007); The wholesale gas market (Gas pricing and gas markets in Europe, The wholesale market in France, Striking fact of the fourth quarter 2007); C - Appendices: Electricity and gas market observatories combined glossary, Specific electricity market observatory glossary, Specific gas market observatory glossary

An Integrated Analysis of Changes in Water Stress in Europe

DEFF Research Database (Denmark)

Henrichs, T.; Lehner, B.; Alcamo, J.

2002-01-01

Future changes in water availability with climate change and changes in water use due to socio-economic development are to occur in parallel. In an integrated analysis we bring together these aspects of global change in a consistent manner, and analyse the water stress situation in Europe. We find...... that today high water stress exists in one-fifth of European river basin area. Under a scenario projection, increases in water use throughout Eastern Europe are accompanied by decreases in water availability in most of Southern Europe--combining these trends leads to a marked increase in water stress...

Mutual Information Based Analysis for the Distribution of Financial Contagion in Stock Markets

Directory of Open Access Journals (Sweden)

Xudong Wang

2017-01-01

Full Text Available This paper applies mutual information to research the distribution of financial contagion in global stock markets during the US subprime crisis. First, we symbolize the daily logarithmic stock returns based on their quantiles. Then, the mutual information of the stock indices is calculated and the block bootstrap approach is adopted to test the financial contagion. We analyze not only the contagion distribution during the entire crisis period but also its evolution over different stages by using the sliding window method. The empirical results prove the widespread existence of financial contagion and show that markets impacted by contagion tend to cluster geographically. The distribution of the contagion strength is positively skewed and leptokurtic. The average contagion strength is low at the beginning and then witnesses an uptrend. It has larger values in the middle stage and declines in the late phase of the crisis. Meanwhile, the cross-regional contagion between Europe and America is stronger than that between either America and Asia or Europe and Asia. Europe is found to be the region most deeply impacted by the contagion, whereas Asia is the least affected.

International biomass. International markets of biomass-energy - Public synthesis

International Nuclear Information System (INIS)

Gardette, Yves-Marie; Dieckhoff, Lea; Lorne, Daphne; Postec, Gwenael; Cherisey, Hugues de; RANTIEN, Caroline

2014-11-01

This publication proposes a synthesis of a study which aimed at analysing the present and future place of wood-energy in the European Union as the main renewable resource used to produce heat and electricity. This study comprised an analysis of European markets of solid biomass and of regulation, case studies on wood-energy producer markets (North America, Eastern Europe, Brazil and Africa), a study of preparation modes (shredding, granulation, roasting) and biomass transport. This study is based on bibliographical searches in national and European sources, and on field data collected by the various bodies involved in this study. This synthesis notably discusses the following issues: solid biomass is the main renewable resource for the EU and has many applications; European objectives for solid biomass by 2020 are very ambitious; markets are becoming international to face the EU's increasing demand; pellet production in North America is strongly increasing; in Europe, eastern European countries are the main exporters; Brazil has an export potential which is still to be confirmed; the African trade with Europe is still in its infancy. Finally, the development perspectives of roasted wood trade are discussed

TradeWind. Integrating wind. Developing Europe's power market for the large-scale integration of wind power. Final report

Energy Technology Data Exchange (ETDEWEB)

2009-02-15

Based on a single European grid and power market system, the TradeWind project explores to what extent large-scale wind power integration challenges could be addressed by reinforcing interconnections between Member States in Europe. Additionally, the project looks at the conditions required for a sound power market design that ensures a cost-effective integration of wind power at EU level. In this way, the study addresses two issues of key importance for the future integration of renewable energy, namely the weak interconnectivity levels between control zones and the inflexibility and fragmented nature of the European power market. Work on critical transmission paths and interconnectors is slow for a variety of reasons including planning and administrative barriers, lack of public acceptance, insufficient economic incentives for TSOs, and the lack of a joint European approach by the key stakeholders. (au)

A Business Ecosystem Driven Market Analysis

DEFF Research Database (Denmark)

Ma, Zheng; Billanes, Joy Dalmacio; Jørgensen, Bo Nørregaard

2017-01-01

Due to the huge globally emerging market of the bright green buildings, this paper aims to develop a business-ecosystem driven market analysis approach for the investigation of the bright green building market. This paper develops a five-steps business-ecosystem driven market analysis (definition...... of the business domain, stakeholder listing, integration of the value chain, relationship mapping, and ego innovation ecosystem mapping.). This paper finds the global-local matters influence the market structure, which the technologies for building energy technology are developed and employed globally......, and the market demand is comparatively localized. The market players can be both local and international stakeholders who involve and collaborate for the building projects. This paper also finds that the building extensibility should be considered into the building design due to the gap between current market...

The Russian strategy of gas export: Europe against Asia?

International Nuclear Information System (INIS)

Locatelli, C.

2005-01-01

Can we say that today's gas strategy of Russia is the continuation of the one implemented by the former USSR? Three factors have to be taken into consideration: the liberalization of the European gas market is a major stake with lot of constraints but also lot of opportunities. This deregulation may lead to sensible evolutions of the organization of Russia's gas industry since the question of gas supply costs has to face the competition that should develop in the European market. Also, the possible integration of some Central and Eastern Europe countries to the European Union, which are important transit ways for the Russian gas exports towards Western Europe, but which are also markets where Gazprom has been the quasi-exclusive gas supplier so far. Finally, Europe is no longer the only goal of Russian gas exports: Gazprom clearly shows its will of defining a global export strategy. With about 40% of the world gas reserves, Russia definitely has a master card to play on the international energy markets. (J.S.)

Measuring market performance in restructured electricity markets: An empirical analysis of the PJM energy market

Science.gov (United States)

Tucker, Russell Jay

2002-09-01

Today the electric industry in the U.S. is transitioning to competitive markets for wholesale electricity. Independent system operators (ISOs) now manage broad regional markets for electrical energy in several areas of the U.S. A recent rulemaking by the Federal Energy Regulatory Commission (FERC) encourages the development of regional transmission organizations (RTOs) and restructured competitive wholesale electricity markets nationwide. To date, the transition to competitive wholesale markets has not been easy. The increased reliance on market forces coupled with unusually high electricity demand for some periods have created conditions amenable to market power abuse in many regions throughout the U.S. In the summer of 1999, hot and humid summer conditions in Pennsylvania, New Jersey, Maryland, Delaware, and the District of Columbia pushed peak demand in the PJM Interconnection to record levels. These demand conditions coincided with the introduction of market-based pricing in the wholesale electricity market. Prices for electricity increased on average by 55 percent, and reached the $1,000/MWh range. This study examines the extent to which generator market power raised prices above competitive levels in the PJM Interconnection during the summer of 1999. It simulates hourly market-clearing prices assuming competitive market behavior and compares these prices with observed market prices in computing price markups over the April 1-August 31, 1999 period. The results of the simulation analysis are supported with an examination of actual generator bid data of incumbent generators. Price markups averaged 14.7 percent above expected marginal cost over the 5-month period for all non-transmission-constrained hours. The evidence presented suggests that the June and July monthly markups were strongly influenced by generator market power as price inelastic peak demand approached the electricity generation capacity constraint of the market. While this analysis of the

Hydrogen, the phenomenon is reaching the Europe

International Nuclear Information System (INIS)

2001-01-01

More and more contracts and research programs are decided in Europe to promote the hydrogen energy. The market is today still moderate but the forecasting are great in many domains. This paper provides some data and trends on the hydrogen market. (A.L.B.)

Gas and Electricity: A Challenge for Europe and for France

International Nuclear Information System (INIS)

Chevalier, J.M.; Percebois, J.

2010-01-01

Network industries in Europe are subject to an underlying trend towards deregulation. This deregulation, which is accompanied by the gradual opening up of markets and increased competition, creates new opportunities but also new problems in terms of coordination. At the same time, the energy markets have seen new environmental constraints added to their specifications. It is against this backdrop that the authors have had to consider the way in which the electricity and gas markets in Europe operate and their development. By focusing their analysis on the gas and electricity markets, the authors have chosen to give priority to the institutional aspect which, in their view, constitutes the driving force for the construction of a European energy market. In their view, France has a major role to play in this institutional momentum. The report's main recommendations are designed primarily to strengthen the powers of certain entities in order to accelerate the harmonisation of procedures and standards, coordination, the circulation of information, and transparency. Hence, the authors propose: - increasing the independence of national regulators and ensuring, in particular, that the protection of the collective interest comes before individual interests (operators but also the short-term interests of consumers); - increasing the powers of the Association of European Regulators (ERGEG-Plus) and harmonising the scope of action of the various European regulators. It would be desirable if, for example, the club of regulators could establish a 'code of good conduct' that sets the common rules for access to the networks, congestion and transit processing; - increasing the powers of the association of network operators (for natural gas and electricity). These associations must act in close consultation with the association of regulators; - coordinating and creating the impetus necessary for future investments. For the authors, it would appear to be difficult to transpose the

PV investment in Europe

Energy Technology Data Exchange (ETDEWEB)

Hueser, Pius [Nova Energy GmbH, (Switzerland)

2007-06-15

This presentation is mainly about how the PV market in Europe has been growing, and which elements are going to determine if this market succeed or failed not only in Europe but also in the rest of the world. In the first part of this presentation, it is mentioned how in 2005 the development of some PV technologies triggered the PV market growth without any marketing control. Then, there are explained the aspects that changed such situation out of control, therefore, it emerged the beginning of the consolidation of this market. There are briefly explained those factors that are going to determine if this market succeed or failed in the future. Finally, there are given examples of some the PV investments. [Spanish] Esta presentacion habla principalmente de la manera en como ha crecido el Mercado de sistemas fotovoltaicos en Europa, asi tambien se mencionan los elementos fundamentales que determinaran el exito o fracaso de este mercado, no solamente en Europa sino tambien en el resto del mundo, en un futuro. En la primera parte de esta presentacion, se describe como en el 2005, debido al desarrollo de algunas tecnologias fotovoltaicas se desencadeno el crecimiento desenfrenado del mercado fotovoltaico. Despues, se explican los aspectos que hicieron que dicho crecimiento tomara su curso, teniendo como resultado el inicio de un mercado mas consolidado. Se explican brevemente los factores que determinaran si este mercado encuentra el exito o el fracaso en un futuro. Finalmente, se dan ejemplos de algunas adquisiciones fotovoltaicas.

Oceans of Opportunity. Harnessing Europe's largest domestic energy resource

International Nuclear Information System (INIS)

Fichaux, N.; Wilkes, J.

2009-09-01

Europe's offshore wind potential is enormous and able to power Europe seven times over. Over 100 GW of offshore wind projects are already in various stages of planning. If realised, these projects would produce 10% of the EU's electricity whilst avoiding 200 million tonnes of CO2 emissions each year. EWEA has a target of 40 GW of offshore wind in the EU by 2020, implying an average annual market growth of 28% over the coming 12 years. The EU market for onshore wind grew by an average 32% per year in the 12-year period from 1992-2004 - what the wind energy industry has achieved on land can be repeated at sea. EWEA's proposed offshore grid builds on the 11 offshore grids currently operating and 21 offshore grids currently being considered by the grid operators in the Baltic and North Seas to give Europe a truly pan-European electricity super highway. Strong political support and action from Europe's policy-makers will allow a new, multi-billion euro industry to be built. This new industry will deliver thousands of green collar jobs and a new renewable energy economy and establish Europe as world leader in offshore wind power technology. A single European electricity market with large amounts of wind power will bring affordable electricity to consumers, reduce import dependence, cut CO2 emissions and allow Europe to access its largest domestic energy source.

Marketing Analysis of a chosen Company

OpenAIRE

Slabá, Michaela

2013-01-01

The topic of this bachelor thesis is a proposal for improvement current situation in the company, which is engaged in manufacturing machinery for the food industry. The theoretical part includes the definition of market of organizations, marketing environment, marketing mix and marketing situation analysis. The practical part describes the company NATE - Marketing, Inc. and marketing mix of the company. The thesis also includes a proposal to improve current situation based on an analysis of t...

The European natural gas market

International Nuclear Information System (INIS)

Hagland, Jan

2001-01-01

An increasing amount of natural gas is flowing into continental Europe, one of the largest gas markets in the world. There are three main sources of gas: Africa, Russia and Norway. Norway is an important supplier of gas, but may be vulnerable to competition. The demand for gas is increasing on a global basis and the largest increase is expected in Asia, followed by America and Europe. It is expected that Norwegian gas deliveries will be a principle source of natural gas for North Europe in the next years and that they will take an increasing part of the British market as the gas deliveries from the British shelf is going down. The European gas market is likely to become liberalized according to the EU's competition- and gas directives. This will not necessarily be a problem, and Norway may be able to increase the export of gas to Great Britain considerably from the year 2010, perhaps up to 40 billion standard m3 per year. Russia is expected to take an increased share of the European gas market, especially in East- and Central Europe, Germany and North Italy. But large investments in existing fields, new developments and new strategic pipelines are necessary

Renewable energy sources in Europe; Erneuerbare Energien in Europa

Energy Technology Data Exchange (ETDEWEB)

Mueller, Thorsten; Kahl, Hartmut (eds.)

2015-07-01

The book on renewable energy sources in Europe includes contributions on the following issues: Europe's energy and climate policy on the crossroad; possible promotion of renewable energy in Europe; regulation and innovations in a multi-level system - European energy and climate protection legislation - freedom of action for the member states; lessons learned - in the implementation of the European renewable energy guideline; Options for the development of the renewable energy guideline; status and development of the legal system of the energy domestic market; actual developments in the legislation of the EuGH on the compatibility of green electricity promotion systems with free movement on goods; Europe without critical power situations; prerequisites and consequences of a European electricity market coupling; selected grants of the EU commission for green energy promotion; assistance guidelines of the EU commission for energy and environment purposes.

Smart electricity metering as an energy efficiency instrument: Comparative analyses of regulation and market conditions in Europe. Volume 1

International Nuclear Information System (INIS)

Morch, Andrei Z.; Parsons, John; Kester, Josco C.P.

2007-01-01

The new European Directive on Energy End-use Efficiency and Energy Services (ESD) (EC 2006/32, 2006) states the importance of installing metering and billing systems allowing consumers to regulate and steer their consumption. Extra information provided by these 'Smart Meters', is proposed as an important technological innovation to improve energy efficiency. In the next few years the European energy markets will face a challenging task - implementation of Smart Metering systems for small and middle-size customers. The public policies and implementation paths of Smart Metering today vary across Europe from full-scale implementation to very limited. Implementation of Smart Metering systems provides a technological basis, which makes it possible to implement new market-based products and services encouraging the Final Customers to save energy. Electricity suppliers and Distribution System Operators play a key role in a full utilisation of the energy saving potential from Smart Metering, but need a benefit for doing this. These new market opportunities could provide this benefit

New trends in electricity sales on deregulated markets

International Nuclear Information System (INIS)

Svercek, M.

2001-01-01

An analysis of the influence of the e-sales on the market is made. Seven critical factors for the success are outlined, namely: community offerings, connectivity, customer care, communication, convenience, content, customization. Examples for the application of the e-sales in Europe are given and expected trends are discussed

New trends in electricity sales on deregulated markets

Energy Technology Data Exchange (ETDEWEB)

Svercek, M [AT Kearney, (Czech Republic)

2001-07-01

An analysis of the influence of the e-sales on the market is made. Seven critical factors for the success are outlined, namely: community offerings, connectivity, customer care, communication, convenience, content, customization. Examples for the application of the e-sales in Europe are given and expected trends are discussed.

Functional foods in Europe

DEFF Research Database (Denmark)

Bech-Larsen, Tino; Scholderer, Joachim

2007-01-01

reading of the main principles of the harmonized regulation COM/2003/0424, this situation is about to change. This article reviews the regulatory aspects, the results of consumer research and the marketing strategies regarding the use of health claims for functional foods in Europe, and it comments......The fact that the European markets for functional foods generally are less developed, compared to the US and the Japanese markets, has often been attributed to a restrictive and inconsistent health claim legislation in and between the European countries. With the European Parliament's second...... on the lack of correspondence between the new regulation and the marketing experiences and research as regard consumer reactions to health claims....

Developments on the European energy market. Part 1. Natural gas supply. Extra import covers growing natural gas demand in Europe

International Nuclear Information System (INIS)

Van Gelder, J.W.

2000-01-01

This first part of a series on developments in the European gas market features the growth in gas supply. 35% of the gas demand must be covered from sources outside Europe. For the future additional imports are required from countries such as the Russian Federation, Algeria and Nigeria. Over the next few years the artificial link between ga and oil prices will disappear, bringing the gas price to a structurally lower level. It will be of crucial importance that gas suppliers will not be able to form cartels to keep prices high. All competing projects will curb price increases on the European market, but will definitely result in more freedom of choice for European natural gas consumers

Variations on the European labor markets from gender point of view

Directory of Open Access Journals (Sweden)

Savić Mirko

2010-01-01

Full Text Available In modern societies gender gap attracts significant attention. Scientists are trying to research this issue from different aspects: demographical, sociological, economic, etc. The goal of this paper is to define the basic variables that explain variation on the labor markets in Europe from the gender point of view and to compare labor market in Serbia with European countries in order to identify the countries with the most similar gender performances, with intention to overview their experiences concerning the policy measures for gender gap reduction. Analysis is conducted through observations of activity rates, employment rates, unemployment rates, inactivity rates, and long-term unemployment rates. With use of factor analysis we have identified the main factors on the labor markets in Europe and on the basis of cluster analysis we have conducted grouping of countries on the basis of discovered factors. Identification of cluster with Serbia was conducted and also the place of the Serbian labor market in the same cluster. On the basis of quantitative results qualitative analysis was conducted to overview the experience in the field of gender differences on the labor market in the countries from the same cluster as Serbia, with special attention to Italy. Contemporary researches define labor market policy measures oriented to reduction of inequalities in the field of paid and unpaid labor. Decrease of these inequalities will consequently lead to the increase of female labor supply on the market. Final result of this research is the recommendation of policy measures in order to reduce gender differences in economic activity with final goal of creating modern society in Serbia and convergence with the most advanced countries in that field.

Market shifting

Energy Technology Data Exchange (ETDEWEB)

Forst, Michael

2013-11-01

After years of oversupply and artificially low module pricing, market analysts believe that the solar industry will begin to stabilize by 2017. While the market activities are shifting from Europe to the Asia Pacific region and the United States, the solar shakeout continues to be in full swing including solar cell and module manufacturing. (orig.)

Solar Market Research and Analysis | Solar Research | NREL

Science.gov (United States)

Analysis Solar Market Research and Analysis Through rigorous data collection, analysis, and stakeholder engagement, NREL's Solar Market Research and Analysis efforts further solar technologies' role in solar panels. Key areas for NREL's solar market research and analysis portfolio include the following

Electricity and gas market observatory 1. Quarter 2009

International Nuclear Information System (INIS)

2009-01-01

The purpose of the observatory is to provide the general public with indicators for monitoring market deregulation. It both covers the wholesale and retail electricity and gas markets in Metropolitan France. This observatory is updated every three months and data are available on CRE web site (www.cre.fr). Since the 1. of July 2007, all customers can choose their gas and electricity suppliers. Content: A - The electricity market: The retail electricity market (Introduction, Customer segments and their respective weight, Status on March 31, 2009, Dynamic analysis: 1. Quarter 2009), The wholesale electricity market (Introduction, Wholesale market activity in France, Prices on the French wholesale market and European comparison, Import and export volumes, Concentration of the French electricity market). B - The gas market: The retail gas market (Introduction, Customer segments and their respective weight, Status on March 31. 2009, Dynamic analysis: 1. Quarter 2009), The wholesale gas market (Main steps in the French Wholesale gas market, Gas pricing and gas markets in Europe, The wholesale market in France, Prices on the French wholesale market and European comparison, Concentration of the French gas market) C - Appendices: Electricity and gas market observatories combined glossary, Specific electricity market observatory glossary, Specific gas market observatory glossary

Environment and economic risk: An analysis of carbon emission market and portfolio management.

Science.gov (United States)

Luo, Cuicui; Wu, Desheng

2016-08-01

Climate change has been one of the biggest and most controversial environmental issues of our times. It affects the global economy, environment and human health. Many researchers find that carbon dioxide (CO2) has contributed the most to climate change between 1750 and 2005. In this study, the orthogonal GARCH (OGARCH) model is applied to examine the time-varying correlations in European CO2 allowance, crude oil and stock markets in US, Europe and China during the Protocol's first commitment period. The results show that the correlations between EUA carbon spot price and the equity markets are higher and more volatile in US and Europe than in China. Then the optimal portfolios consisting these five time series are selected by Mean-Variance and Mean-CVAR models. It shows that the optimal portfolio selected by MV-OGARCH model has the best performance. Copyright © 2016 Elsevier Inc. All rights reserved.

The world market

International Nuclear Information System (INIS)

Field, D.

1991-01-01

This paper reports on the Lambda Power Supply Group, with headquarters in Melville, Long Island owned by UNITECH PLC, based in Reading in the United Kingdom. The Group forms the greatest Power Supply manufacturing and marketing organization in the world, with sales for 1989/90 in excess of $300 million. World markets have distinct trends which need to be recognized in the years ahead. In general, these trends are now commercially driven and center around: The globalization of world markets and the need to service the same customer in the Far East, North America and Europe. The drive to reduce physical size, improve performance and quality and the need to reduce costs. This requires significant investment in research and development to maintain technological leadership. The increasing speed of new product introductions requires power supply companies to work hand-in-hand with their customers as a partner, or even as an extension of the OEM's own development department. A significant trend within Europe is the perception by Far Eastern equipment manufacturers that, by 1992, trade barriers will be erected, and these large manufacturers are increasingly establishing factories within Europe, where they will need local content in their products. Whilst addressing a Global Market with products which are suitable for worldwide sale, it is important to note that local presence is vital, not only to service the customer, but also to monitor the customers needs which have significant differences in certain markets

A conditional extreme value theory approach in value-at-risk forecasting: Evidence from Southeastern Europe and USA market

Directory of Open Access Journals (Sweden)

Totić Selena

2015-01-01

Full Text Available As a consequence of the recent financial crisis, the adequacy of different Value-at-Risk (VaR methodologies was heavily questioned. Current practice in VaR assessment relies on modeling the whole distribution of returns. As an alternative, in this paper we model tail behavior of returns, and thus VaR, using conditional Extreme Value Theory (EVT, which combines EVT and GARCH methodology. Moreover, we examine the performance of conditional EVT with the daily returns of seven stock market indices, of which six are from Southeastern Europe (BelexLine, BET, BUX, CROBEX, SBITOP, SOFIX from the period of September 2004 - April 2013, and one from USA market (Standard&Poors 500 Index from the period January 1998 - April 2013. Backtesting of historical daily returns proves that conditional EVT model gives good predictions for all indices and for all confidence levels.

Europe of electricity and gas - Actors, markets, regulations

International Nuclear Information System (INIS)

Grand, Emmanuelle; Veyrenc, Thomas; Chevalier, Jean-Marie

2011-01-01

In about 20 years, radical transformations have deeply changed the electricity and natural gas sectors in Europe. Liberalization, deregulation and Europeanization have been the key words of a flood of change which is still going on today. With time, new issues have appeared: climate change, security of supplies, fossil fuels exhaustion, promotion of renewable energy sources have become part of energy policies. This book tackles this reconfiguration face on and offers some tools to understand the present day complexity of the electricity and gas sector in Europe. Using several schemes and taking into consideration the most recent data, it combines theory and practice to explain the evolutions in progress. It put them into perspective in a synthetic and pedagogical way with several concrete examples

Future Electricity Markets

DEFF Research Database (Denmark)

Pinson, Pierre

2015-01-01

The changing face of energy production in Europe necessitates a rethink in the way that electricity markets are structured. The ‘5s’ (Future Electricity Markets) project is a multi-disciplinary project that is looking to challenge the current approach to the design and operation of electricity...

The dynamic interdependence of international financial markets: An empirical study on twenty-seven stock markets

Science.gov (United States)

Zhang, Xingwei; Zheng, Xiaolong; Zeng, Daniel Dajun

2017-04-01

In this paper, we aim to investigate the dynamic interdependence of international financial markets. Based on the data regarding daily returns of each market during the period 2006-2015 from Yahoo finance, we mainly focus on examining 27 markets from three continents, including Asia, America and Europe. By checking the dynamic interdependence between those markets, we find that markets from different continents have strong correlation at specific time shift. We also obtain that markets from different continents not only have a strong linkage with others at same day, but at a delay of one day, especially between Asia, Europe and Asia, America. In addition, we further analyze the time-varying influence strength between each two continents and observe that this value has abnormal changes during the financial crisis. These findings can provide us significant insights to understand the underlying dynamic interdependency of international financial markets and further help us make corresponding reasonable decisions.

Historical Business Cycles and Market Integration: Evidence from Comovement

NARCIS (Netherlands)

Uebele, Martin

2009-01-01

This thesis addresses historical business cycles and market integration in Europe and America in the 19th and 20th centuries. For the analysis of historical business cycles, the widely used methodology of historical national accounting is complemented with a dynamic factor model that allows for

Cross-border Insurance in Europe : Challenges for Supervision

NARCIS (Netherlands)

D. Schoenmaker (Dirk); J. Sass (Jan)

2016-01-01

markdownabstractAt the start of Solvency II in January 2016, there is no overview of the insurance market in Europe. This paper develops a methodology to link various data sets on foreign branches and subsidiaries. The result is a new and comprehensive data set of cross-border insurance in Europe.

The liberalization of gas markets in Europe

International Nuclear Information System (INIS)

Lecarpentier, A.

2006-01-01

On June 22, 1998 all EU Member States unanimously approved Directive 98/30/EC, the so-called Gas Directive, which paved the way for far-reaching changes in the European gas sector and for the establishment of an internal gas market. Five years have elapsed since it was transposed into national law and although markets have started to open up, their rate of progress varies. The next milestone in achieving a fully competitive European market is July 1, 2007, but there are still many obstacles to overcome. (author)

The liberalization of gas market in Europe

International Nuclear Information System (INIS)

Lecarpentier, Armelle

2006-01-01

On June 22, 1998, all EU Member States unanimously approved Directive 98/30/EC, the so-called Gas Directive, which paved the way for far-reaching changes in the European gas Sector and for the establishment of an internal gas market. Five years have elapsed since it was transposed into national law and although markets have started to open up, their rate of progress varies. The next milestone in achieving a fully competitive European market is July 1, 2007, but there are still many obstacles to overcome [it

Market Value Analysis - Urban Redevelopment Authority

Data.gov (United States)

Allegheny County / City of Pittsburgh / Western PA Regional Data Center — In late 2016, the URA, in conjunction with Reinvestment Fund, completed the 2016 Market Value Analysis (MVA) for the City of Pittsburgh. The Market Value Analysis...

The political construction of elder care markets: comparing Denmark, Finland and Italy

DEFF Research Database (Denmark)

Burau, Viola; Zechner, Minna; Dahl, Hanne Marlene

2017-01-01

underpinning the policies of marketization, using the ‘What's the problem?’ approach by Carol Bacchi. The central question is how the market was discursively framed as the solution to the perceived problems of three different systems of elder care, and how such processes are similar or different across......In Europe over the last two decades, marketization has become an important policy option in elder care. Comparative studies predominantly adopt an institutional perspective and analyze the politics and policies of marketization. This analysis takes a step back and examines the fundamental ideas...... the three countries. The analysis includes two extreme types of elder care systems, the Nordic public systems in Denmark and Finland, and the Southern European family-based model in Italy. Empirically, the analysis offers interesting insights into processes of constructing and legitimating markets...

The Continental Market Seen from the UK

International Nuclear Information System (INIS)

Romieu, Michel

1998-01-01

In this presentation, the Chairman of a French gas company (Elf) comments on the evolution of the Continental gas market from a British point of view. He first discusses the differences between the US, British and Continental gas markets, recalls the provisions of the European Gas Directive and states why a fully competitive system is a long-term prospect in Continental Europe. Seen from the UK, the provisions of the EU directive may appear modest. Due to the long transportation, British gas companies may find it hard to compete on the gas market of Continental Europe. When Inter connector, the gas pipeline connecting the gas markets in UK and the Continent, begins operation, there will be a flow of gas from the UK to the Continent according to already signed contracts. But there may be contractual flows both ways. Gas prices will level off between the UK and Northern Europe, at least for the industry. The continental markets will change gradually, the Gas Directive and the Inter connector will help the move towards a more competitive gas industry, but the fundamentals will not change: low gas prices for the next few years, competition between the big three exporters to Continental Europe, and long-term contracts that will extend beyond 2005

Carbon auctions, energy markets and market power: An experimental analysis

International Nuclear Information System (INIS)

Dormady, Noah C.

2014-01-01

This paper provides an experimental analysis of a simultaneous energy-emissions market under conditions of market power. The experimental design employs real-world institutional features; including stochastic demand, permit banking, inter-temporal (multi-round) dynamics, a tightening cap, and resale. The results suggest that dominant firms can utilize energy-emissions market linkages to simultaneously inflate the price of energy and suppress the price of emissions allowances. Whereas under prior market designs, regulators were concerned with dominant firms exercising their market power over the emissions market to exclude rivals and manipulate the permit market by hoarding permits; the results of this paper suggest that this strategy is less profitable to dominant firms in contemporary auction-based markets than strategic capacity withholding in the energy market and associated demand reduction in the emissions market. - Highlights: • Laboratory simulation of joint energy-emissions market. • Evaluates market power under collusion and real-world institutional features. • Dominant firms can exercise market power to inflate energy prices. • Dominant firms can exercise market power to suppress emissions prices. • Supply withholding is an implicit demand reduction in the emissions market

Solar Market Research and Analysis Projects | Solar Research | NREL

Science.gov (United States)

Market Research and Analysis Projects Solar Market Research and Analysis Projects Solar market research and analysis efforts at NREL seek to further solar technologies' role in supporting a more . Midscale Commercial Market Solar Analysis NREL experts are providing analysis to expand the midscale solar

Cross-border transmission capacity allocation mechanisms in South East Europe

International Nuclear Information System (INIS)

Kristiansen, Tarjei

2007-01-01

South East Europe (SEE) is moving rapidly toward the creation of a regional electricity market and wholesale electricity market/power exchange that will improve competitive performance and increase liquidity and reliability. We describe the current applied and future possible congestion management methods in Europe including the SEE region. The paper identifies the potential benefits of a regional electricity and cross-border trade within the region and neighboring countries, and concludes with a brief discussion of policy issues. (author)

Europe's need for gas imports destined to grow

International Nuclear Information System (INIS)

Dispenza, D.

1995-01-01

International trade in natural gas is increasing for the same reasons that it did much earlier in oil: demand growth in traditional consuming areas and new demand in emergent markets, both increasingly separated geographically from the main sources of supply. If governments and countries in these regions can establish the necessary long-term relationships, trade between the Middle East and Western and Central Europe can represent a major area of growth for the natural gas industry well into the next century. The paper discusses market background, major consumption areas, European growth, central Europe's supply, Middle East role, problems of supply, costs, and cooperation

Preparing Europe for a single market in energy

International Nuclear Information System (INIS)

Anon.

1990-01-01

By the end of 1992 a ''single market'' in the European Community should be in place. While the energy sector was not included in the ''White Paper'' which planned the single market, it soon became obvious that it could not be excluded. The single market in energy is intended to integrate energy supply in the member states and remove barriers to trade. It has been calculated that these barriers cost the Community 20-30 billion ecus ($15-20 billion) every year. Removing the barriers will result in much greater competition within the energy market. The Commission published a working document, the internal energy market, in May 1988. This report described the real and potential obstacles to the single energy market for each of the principal energy sources and suggested priorities which should be addressed. The strategy suggested in the report is outlined here, and recent developments briefly reviewed. (author)

Market survey of semiconductors

International Nuclear Information System (INIS)

Mackintosh, I.M.; Diegel, D.; Brown, A.; Brinker, C.S. den

1977-06-01

Examination of technology and product trends over the range of current and future products in integrated circuits and optoelectronic displays. Analysis and forecast of major economic influences that affect the production costs of integrated circuits and optoelectronic displays. Forecast of the applications and markets for integrated circuits up to 1985 in West Europe, the USA and Japan. Historic development of the semiconductor industry and the prevailing tendencies - factors which influence success in the semiconductor industry. (orig.) [de

Demand for seasonal gas storage in northwest Europe until 2030. Simulation results with a dynamic model

International Nuclear Information System (INIS)

De Joode, J.; Oezdemir, Oe.

2010-01-01

The fact that depletion of indigenous gas production increases gas import dependency is widely known and accepted. However, there is considerable less attention for the implications of indigenous resource depletion for the provision of seasonal flexibility. The traditionally largest source of seasonal flexibility in Europe is indigenous gas production, mainly based in the Netherlands and the United Kingdom. With the depletion of indigenous sources the market increasingly needs to rely on other sources for seasonal flexibility, such as gas storage facilities. We investigate the future need for gas storage as a source for seasonal flexibility provision using a dynamic gas market model (GASTALE) in which different potential sources for seasonal flexibility - gas production, imports via pipeline, LNG imports and storage facilities - compete with each other in a market-based environment. The inclusion of seasonal flexibility properties in a gas market model allows a more complex analysis of seasonal flexibility issues than previously documented in literature. This is demonstrated in an analysis of the future demand for gas storage in northwestern Europe until 2030. Our results indicate that there is substantial need for additional gas storage facilities and thus supports current project proposals for new investment in gas storage facilities. (author)

The logic of natural gas penetration in Europe

International Nuclear Information System (INIS)

Bernardet, C.

1992-01-01

This paper is trying first to bring out some characteristic lines from the thirty years period of natural gas market growth in Europe: triggering role of domestic gas resources, relay by imports, background from an existing manufactured gas industry. The different roles of bulk usages and scattered ones are underlined. Through an example it is showed that market conditions are relying on a rapid shift of the gas prices competitiveness and on the historical opportunity of space heating growth. In a second part, this paper analyses in each great sector of consumption that could sustain the growth to come of natural gas in Europe. This development relies on marketing forces and on the disposal of new usages for gas and new services for customers, with the benefit from technological headway. 8 figs

Romanian Market Researches in Global Market Context

Directory of Open Access Journals (Sweden)

Victor Danciu

2006-03-01

Full Text Available Market research is a powerful industry, whose value reached 21,5 billion USD in 2004. Market studies expenses are mostly concentrated in Europe (45% and in USA (37%. The market shares of the Top 10 companies were above fifty per cent of the research market’s turnover. As a young, modest market, which is 0,84% of the global expenses value, Romania was the global leader in terms of growth, in 2004. With an asymmetric demand and a relatively concentrated offer, the Romanian research market may have a spectacular development in the future, if the obstacles for the customers and research companies are surpassed. If so, the pressures following the UE’s entry of Romania and the evolution of customers needs and expectations will speed up the growth of the market research.

Romanian Market Researches in Global Market Context

Directory of Open Access Journals (Sweden)

Victor Danciu

2006-05-01

Full Text Available Market research is a powerful industry, whose value reached 21,5 billion USD in 2004. Market studies expenses are mostly concentrated in Europe (45% and in USA (37%. The market shares of the Top 10 companies were above fifty per cent of the research market’s turnover. As a young, modest market, which is 0,84% of the global expenses value, Romania was the global leader in terms of growth, in 2004. With an asymmetric demand and a relatively concentrated offer, the Romanian research market may have a spectacular development in the future, if the obstacles for the customers and research companies are surpassed. If so, the pressures following the UE’s entry of Romania and the evolution of customers needs and expectations will speed up the growth of the market research.

Evolution and perspectives of gas market

International Nuclear Information System (INIS)

Russo, S.

1998-01-01

The gas market in Europe, and thus in Italy, will see great changes as regards the market, the deployment of forces on the ground, the structure of the demand and, in the longer term, that of the offer. It is important to look at the future after having gone through, although in brief, the stages of the development of the gas market in Europe and in Italy, from the origins, in the years 1950-60, up today. It is not difficult to see how the organization of the market, up to now, has been oriented prevailingly at the development and at the security of supplies to the consumer. The future will focus on the improvement of the global efficiency of the gas system with the aim of reducing costs, yet for the final users. The realization of this transition has already begun and it is demonstrated by the evolution of both the institutional and regulatory framework already under way, in Europe with the just approved gas directive, and in Italy with the appointment of the market regulation Authority. It is difficult challenge to which the gas industry will answer adequately [it

Currency substitution in Eastern Europe

NARCIS (Netherlands)

van Aarle, B.; Budina, N.

1995-01-01

Monetary instability during the transition process from a command economy to a market economy has induced a considerable increase in currency substitution in Eastern Europe. Currency substitution itself affects monetary stability since it reduces the stability of velocity. This paper investigates

A pre-crisis vs. crisis analysis of peripheral EU stock markets by means of wavelet transform and a nonlinear causality test

Science.gov (United States)

Polanco-Martínez, J. M.; Fernández-Macho, J.; Neumann, M. B.; Faria, S. H.

2018-01-01

This paper presents an analysis of EU peripheral (so-called PIIGS) stock market indices and the S&P Europe 350 index (SPEURO), as a European benchmark market, over the pre-crisis (2004-2007) and crisis (2008-2011) periods. We computed a rolling-window wavelet correlation for the market returns and applied a non-linear Granger causality test to the wavelet decomposition coefficients of these stock market returns. Our results show that the correlation is stronger for the crisis than for the pre-crisis period. The stock market indices from Portugal, Italy and Spain were more interconnected among themselves during the crisis than with the SPEURO. The stock market from Portugal is the most sensitive and vulnerable PIIGS member, whereas the stock market from Greece tends to move away from the European benchmark market since the 2008 financial crisis till 2011. The non-linear causality test indicates that in the first three wavelet scales (intraweek, weekly and fortnightly) the number of uni-directional and bi-directional causalities is greater during the crisis than in the pre-crisis period, because of financial contagion. Furthermore, the causality analysis shows that the direction of the Granger cause-effect for the pre-crisis and crisis periods is not invariant in the considered time-scales, and that the causality directions among the studied stock markets do not seem to have a preferential direction. These results are relevant to better understand the behaviour of vulnerable stock markets, especially for investors and policymakers.

Market opportunities for solar drying

International Nuclear Information System (INIS)

Voskens, R.G.J.H.; Out, P.G.; Schulte, B.

2000-01-01

One of the most promising applications for solar heating is the drying of agricultural products. The drying of agricultural products requires large quantities of low temperature air, in many cases, on a year-round basis. Low cost air-based collectors can provide heated air at solar collection efficiencies of 30 to 70%. In 1998/1999 a study was commissioned to better understand the technical and economic potential for solar drying of agricultural products in the world. The practical potential for solar drying was then determined for 59 crops and 22 regions. The world market for solar drying can be divided into three market segments: 1) mechanical drying T 50 deg. C; 3) sun drying. The most promising market for solar drying is generally market segment 1. For this segment the potential amount of energy displaced by solar is in between 216 770 PJ (World-wide). For Western Europe this potential is estimated between 23 88 PJ and for Eastern Europe between 7 and 13 PJ. A different market introduction strategy is required for each market segment. A total of 13 combinations of crops and regions are selected that appear to have the highest practical potential for solar drying. In the Netherlands a programme of activities was carried out by Ecofys and other organisations, to identify and develop the market potential for solar (assisted) drying of agricultural products. A promotional campaign for the use of renewable energy in the (promising) flower bulb sector is planned on a short-term basis to speed up market developments. It can be concluded that there is a large market for solar drying in the World as well as in Europe. (au)

How to benefit from a common European electricity market design

International Nuclear Information System (INIS)

Ringler, Philipp; Keles, Dogan; Fichtner, Wolf

2017-01-01

The realization of an Internal Electricity Market in Europe is currently, on the one hand, progressing, in particular thanks to the wide-spread implementation of market coupling solutions for cross-border congestion management. On the other hand, diverging national market designs pose a threat to the continuation of this process. Given the challenges to electricity market design in a multi-regional context, we analyze how different design aspects, namely cross-border congestion management and capacity mechanisms, affect welfare and generation adequacy in Europe. In doing so, we rely on an agent-based simulation model for electricity wholesale markets which we apply within several numerical, computational case studies for the region of Central Western Europe (2012–2030). Our results confirm the benefits of market coupling in terms of welfare as well as generation adequacy. Furthermore, we find indications that coordinating market designs across regions supports these targets. Therefore, we recommend that European energy policy forms a stable, transparent regulatory framework with cross-border market coupling as an integral component. In this context, energy policy targets should be clearly defined and operationalized, which also needs to consider potential conflicts between them. Finally, electricity market designs need to be coordinated among states to benefit most from a common European market. - Highlights: • European electricity markets at crossroads given diverging market designs • Simulation of CWE Market Coupling using an agent-based model. • Welfare and adequacy gains from European market coupling and new interconnections. • Conflicts between energy policy targets to be considered in market design. • Coordination key to further strengthen integration of electricity markets in Europe.

Marketing analysis support system; Marketing bunseki shien system

Energy Technology Data Exchange (ETDEWEB)

NONE

2000-01-10

Fuji Electric Co., Ltd., in collaboration with Shitashion Japan and Arthur Andersen Ltd., developed a 'marketing analysis support system' which integrally analyzes evaluation factors of various dimensions explaining consumers' purchasing behaviors and which supports business for the efficient operation of product development and demand prediction. This system breaks down products into each evaluation factor from psychological and physical viewpoints, and carries out various kinds of multivariate analysis, thereby making it easy to understand visually, for example, what evaluation factors decide relative positional relations between evaluation factors or between products as well as the position of a product in the whole. Further, more precise marketing analysis and prediction become possible by visually grasping blank areas of products, extent of competition, distribution of products, composition of product series, etc. (translated by NEDO)

Experience in implementing projects in Eastern Europe

International Nuclear Information System (INIS)

Weichard, A.; Bauer, I.; Rieck, R.; Ziehm, R.

2007-01-01

The article covers the present projects and activities in Eastern Europe of Nukem Technologies GmbH. The company's East European business began in 1973 in the field of uranium trading. After difficult negotiations in the period of the ''cold war'' it became possible to enter into an agreement with the Soviet foreign trade organization, Techsnabexport, about purchases of uranium for Western nuclear power plants. In the course of Nukem's realignment in the late 1980s, the focus was shifted more and more to the possibility of exporting into other countries the technologies developed and proven in Germany. This included countries in Eastern Europe. The situation changed abruptly with the political opening of Eastern Europe. A large potential market opened to Nukem as a supplier of technologies and plants for waste treatment and, later, the wider area of decommissioning. The partners in Eastern Europe were interested in proven, modern solutions. The ensuing success was also due to the fact that Nukem, in the early nineties, hired specialists from the new German federal states who had studied in the Soviet Union and were familiar with Russian technology, language, and culture. Soliciting analogous projects in the countries of Eastern Europe other than the former Soviet Union was begun in a parallel process. Very soon it turned out that also the interim storage of spent fuel elements constituted a potential market. (orig.)

Market share scenarios for Gen-DIII and gen-IV reactors in Europe

International Nuclear Information System (INIS)

Roelofs, F.; Heek, A. V.; Durpel, L. V. D.

2008-01-01

Nuclear energy is back on the agenda worldwide in order to meet growing energy demand and especially the growth in electricity demand. Many objectives direct to an increased use of nuclear energy, i.e. minimising energy costs, reducing climate change effects and others. In the light of the potential renewed growth of nuclear energy, the public demands a clear view on what nuclear energy may contribute towards meeting these objectives and especially how nuclear energy may address some socio-political obstructions with respect to economics, radioactive waste, safety and proliferation of fissile materials. To address these questions, the future nuclear reactor park mix in Europe has been analysed applying an integrated dynamic process modelling technique. Various market share scenarios for nuclear energy are derived including sub-variants with regard to the intra-nuclear options. In the analyses, it is assumed that different types of new reactors may be built, taking into account the introduction date of considered Gen-Ill (i.e. EPR) and Gen-IV (i.e. SCWR, HTR, FR) reactors, and the economic evaluation of the complete fuel cycle. The assessment was undertaken using the DANESS code (Dynamic Analysis of Nuclear Energy System Strategies). The analyses show that given the considered realistic nuclear energy demand and given a limited number of available Gen-III and Gen-IV reactor types, the future European nuclear park will exist of combinations of Gen-III and Gen-IV reactors. This mix will always consist of a set of reactor types each having its specific strengths. The analyses also highlight the triggers influencing the choice between different nuclear energy deployment scenarios. (authors)

A snapshot of the European energy service market in 2010 and policy recommendations to foster a further market development

International Nuclear Information System (INIS)

Marino, Angelica; Bertoldi, Paolo; Rezessy, Silvia; Boza-Kiss, Benigna

2011-01-01

As of 2010, the energy service market in Europe is still far from utilising its full potential. Wide-scale peer-reviewed studies investigating the development and up-to-date status of the European ESCo market are scarce. This article presents a comprehensive insight of the European ESCo industry based on the results from a large-scale survey carried out 2009-2010 in 39 European countries. The observed market development during the period 2007-2010, trends in business practices, and factors influencing the ESCo industry evolution are described. Finally, having considered the remaining barriers and the supporting factors as well as the successful experiences in Europe, policy measures that could further promote ESCo activities are proposed. - Highlights: → ESCo markets in Europe continue to show diverse stages of development. → Between 2007 and 2010 the European ESCo market underwent a slow growth. → European states have introduced favourable legislative framework for energy conservation. → Loan guarantees recognising the ESCo contractual model increase the access to finance. → Establishment of quality standards and certification schemes for ESCos are essential.

SWOT Analysis of the Romanian Tourism Market Component of the Marketing Plan

Directory of Open Access Journals (Sweden)

Șerban Comănescu Adrian

2017-01-01

Full Text Available Managing the marketing-related activity is all about the context assesement in wich a company finds itself at a given time. The marketing specialist will perform a detailed analysis, i.e. a SWOT Analysis, through wich he can pinpoint the company’s strong points in corellation with the favourable opportunities that may be generated in the company’s environment at a given time, and to wheigh these assets and apportunities compared to the weaknesses and threats that may occur and create hazards in the company’s activity. The company has to keep track of all the elements mentioned above by using a thoroughly executed study and to unearth its opportunities and advantages, but also threats and weaknesses and act accordingly in his upcoming marketing-related activities. This paper’s objective is to perform a SWOT analysis in regard with the Romanian tourism market. The Romanian tourist market has great potential, but it is insuficiently valorified.

Transmission capacities and competition in Western European electricity market

International Nuclear Information System (INIS)

Spiridonova, Olga

2016-01-01

The integration of national electricity markets into a single European one is expected to reduce the ability of dominant players to exercise market power. This paper investigates whether or not existing transmission capacities of cross-border interconnectors are sufficient to achieve this result and create vigorous competition in the market. A model with two decision levels is used. On the first level profit maximizing generators play Cournot game against each other. On the last level the system operator clears the market and determines flows in the network to maximize social welfare subject to a set of physical constraints. As each strategic generator anticipates her impact on equilibrium prices and congestion in the system, her optimization problem is subject to equilibrium constraints from the system operator's problem. The analysis demonstrates that interconnector capacities in Western Europe are insufficient for integration alone to reduce the exercise of market power. I compare several possible competition-enhancing policies: expansion of interconnectors and different scenarios of national markets’ restructuring. I show that although increase of line capacity is a useful tool to stimulate competition in an integrated market, it is not a substitute for the restructuring of large players. - Highlights: •The ability of integration to reduce market power depends on transmission capacities. •In the model firms compete in quantities, know their impact on prices and congestion. •In Western Europe integration will not diminish market power. •Line extension stimulates competition but is not a substitute for the regulation.

Liberalisation of the EU gas market. Lessons learned from other markets and countries

International Nuclear Information System (INIS)

Bisgaard, T.

2003-11-01

In this report the EU's Gas Directive 2003/55/EC is evaluated to determine whether it lays an adequate regulatory foundation to create and enhance a future competitive gas market in Europe; at national level as well as across borders. The aim is to enable the gas market to become an integrated part of the European single market. Experiences are drawn upon from the electricity and telecom markets, and from the UK and the US, that have undergone similar liberalisation processes. A market in transition from a monopoly to a liberalised market should be subject to a certain kind of regulation that is not applicable to other markets. The regulation must be designed in a way that gives the market room for development. The evaluation in this report is based on four requirements deemed important by the OECD for a changing market like the gas market. The four requirements that should be considered when regulating the gas market are: 1. Third party access to infrastructure, 2. The degree of un-bundling, 3. The regulation of tariffs, and 4. The type of regulatory authority to oversee the gas market. The report concludes that the Gas Directive provides sufficient regulation for creating competition in the national gas markets, but that it is vital to provide legislation that will harmonise rules across Europe and create the appropriate incentives for future investments in the gas structure. (BA)

Both Europe's and the United States' electrification

International Nuclear Information System (INIS)

Matly, M.

2006-01-01

While the United States quickly had the largest electrical indus in the world, electrification in rural areas ended about thirty years after most European countries. Public intervention is a deciding factor in completing electrification, and the late involvement by the American authorities explains the gap. However it would be wrong to oppose in Europe and in the United States a motivated public sector and little involved private companies. In both continents indeed, major private and public urban distributors were almost not involved in rural electrification processes, where local players prevailed: local communities around Europe, small and medium size business in some European countries such as France, co-operative companies in the United States. Additionally, there is an essential difference between electrification in Europe and in the United States. The former does not provide much more than lighting and its success leaves few traces in popular memories; the latter includes many facilities and services, changes the lives of rural populations and is celebrated a such. Whereas the colonial venture keep European economies away from their domestic markets, while in the United States the urban market growth contents large companies, the American co-operative movement is right to believe in the existence of a large electrical equipment market among farmers then considered poor and behind. It even uses the market to complete a more profitable and less costly electrification. Electricity stories that offer food for the thoughts of Third World decision makers and power companies, when they entrust most rural electrification to their large urban companies and deny the existence of a real equipment market in their own rural world. (author)

Are women in the MENA region really that different from women in Europe? Globalization, conservative values and female labor market participation.

OpenAIRE

Fischer, Justina AV; Aydıner-Avşar, Nursel

2015-01-01

This article aims to compare women in the MENA region with women in Europe as to how globalization affects their conservative values and attitudes, and, thereby, their labor market participation. The authors define conservative values as both religious values and socio-political attitudes relating to family issues and leadership. Using micro data from the World Values Survey covering over 80 countries between 1981 and 2014, we employ three distinct indicators of globalization that reflect, fi...

Labour Market Strategies and Adult Education in Europe.

Science.gov (United States)

Lichtner, Maurizio

1991-01-01

Challenges of a changing Europe for education and training are new technology and organizational patterns, youth unemployment, professional mobility, and migration. Developments in Italy that exemplify change include literacy for immigrants, work-related education for women, "Green Universities," and transferable skills. (SK)

Offshore northern Europe, the challenges

International Nuclear Information System (INIS)

Bergseth, S.

1996-01-01

This paper relates to challenges of the offshore activity in the North Sea. It is appropriate to address these challenges in the context of generating values through efficient management of resources, markets, safety and technology, as the challenges lie therein. The petroleum industry is built to turn natural resources into market value, assuring broad benefits to stake holders and shareholders. In the following, the challenges facing the industry the industry offshore Northern Europe is examined on this background

Gas in Europe: supply

International Nuclear Information System (INIS)

Anon.

1994-01-01

It is predicted that natural gas consumption in western Europe could rise by more than 55% over the next two decades, from 290bn cubic metres (cm) in 1991 to 450bn cm in 2010. This growth, projected by the consultants, Arthur D Little, reflects the environmental and economic attractions of natural gas, particularly in the power generation sector. Another consultant, Poten and Partners, predicts an even greater rise in gas consumption, from 301bn cm in 1992 to 482 bn cm in 2010. However, while demand is forecast to increase in all major European gas markets, indigenous production within Europe is expected to remain stable for the foreseeable future, with indigenous supplies projected to peak at approximately 350bn cubic metres per year (cm/y) in the late 1990s. This raises the prospect of significant supply constraints emerging in Europe. (author)

European gas oil markets

International Nuclear Information System (INIS)

Long, D.

1991-04-01

The developments over the past five years of the bulk markets for gas oil in Europe are examined using advanced econometric techniques to study the related issues of pricing efficiency and hedge efficiency. The study attempts to preserve the fluctuations of the actual data as these provide insights into the process of price discovery. The markets studied include the spot, forward and futures markets and looks for evidence of differentiated markets. (UK)

Integrated energy data solution for energy markets of Europe: Energy Data Warehouse; Integrierte Energiedatenloesung fuer Europas Energiemaerkte: Energy Data Warehouse

Energy Technology Data Exchange (ETDEWEB)

Anon.

2001-07-01

According to Ralf Hoffmann, head of the sales department of Goerlitz Computerbau AG, integrated problem solutions for Europe's new energy markets must be developed fast, without delay and with all efforts available. [German] 'Integrierte Problemloesungen fuer Europas neue Energiemaerkte muessen schnell und investitionssicher fuer die Anwender realisiert werden. Sie dulden keinen Aufschub. Alle unternehmerische Kraft muss und wird in die Befriedigung dieser Anforderungen gelegt.' So aeussert sich der Vorstand Absatzwirtschaft der Goerlitz Computerbau AG, Ralf Hoffmann. (orig.)

Marketing orientation in pharmaceutical industry

Directory of Open Access Journals (Sweden)

Prošić Danica

2006-01-01

Full Text Available Pharmaceutical companies are major stakeholders in the global health agenda Virtually all drugs used by patients in Europe reach markets through the promotion tactics of a small number of corporations with a tremendous impact on global health. The sector is both fast growing and highly profitable. Effective marketing strategies are a crucial ingredient in making sure pharmaceutical products and profits flow in a virtuous cycle. At first glance, the relationship between doctors and drug companies, as well as advertising practices for over-the-counter medication, appears tightly regulated. According to many consumer organizations, drug promotion in Europe today can be characterized as nice and friendly marketing. This refers to the creation of a false sense of trust that consumers associate with branded pharmaceutical products, as a result of pharmaceutical marketing efforts disguised as genuine corporate responsibility.

Market of innovative timber products in Europe and Serbia and their contribution to climate change mitigation

Directory of Open Access Journals (Sweden)

Sretenović Predrag

2014-01-01

Full Text Available The paper shows results of researching the market of glued laminated timber as the most frequent innovative timber product in constructing timber framed residential facilities in Europe and Serbia. The research included the development of production, consumption and trade flows for the most significant countries in the European Union and Serbia. Additionally, the paper gives characteristics of this innovative timber product regarding dimensions, allowed deviations of dimensions defined in adequate European standard, wood species it is made of and fire resistance. The last part of the paper shows results of econometric modeling of the impact of building timber-framed houses on the consumption of glued laminated timber in Austria as one of the countries belonging to the group of the largest consumers of this innovative timber product in Europe. Taking into consideration that the substitution of classic building materials, primarily concrete, steel and aluminum, with glued laminated timber in residential construction contributes to the reduction of carbon-dioxide emission and climate change mitigation, research results of the effects of such substitution are presented in the last chapter in this paper. [Projekat Ministarstva nauke Republike Srbije, br. III43007: Istraživanje klimatskih promena na životnu sredinu: praćenje uticaja, adaptacija i ublažavanje

Gas and electric power 2003. Evolution of the energy panorama in Europe: evaluation, forecasting and precautions

International Nuclear Information System (INIS)

Boigegrain, R.; Tran Thiet, J.P.; Givry, L.; Lapierre, A.; Vivies, P. de; Brelle, B.; Vedrenne, Ph.; Didier, E.; Munch, P.; Rodrigues, St.; Lermusieau, Ph.; Macchiati, A.; Lamboley, Ph.; Bouchard, G.; Canetti, J.; Bresson, Th. de; Chevalier, J.M.; Saint Andre, B.; Werquin, A.; Mouton, F.R.; Boulanger, Ph.; Vivies, P. de; Terzian, P.

2003-11-01

This 12. international congress on gas and electricity covers the following topics: 1 - change in the energy panorama in Europe: statement, forecasting and precautions: fusions, acquisitions, partnerships and their consequences; evolution of the regulation: actors, decisions and time delays (regulation of electricity and gas in Europe - convergencies and divergences; specificities of the French gas and electricity markets and their perspectives of evolution; focus on the 2003 highlights: the January 3, 2003 law, about 20 new decrees and the 2. gas directive); market regulation: new missions, powers and limitations of the different actors (mission, power and place of regulation authorities today and their possible evolution, status competences extension towards gas; consequences of the introduction of the adjustment mechanism, new stakes of power transportation networks; stakes for gas transport and storage in France and in Europe); spot markets and suitable solutions for industrialists (short-term management of risks; juridical and legal precautions to take before starting a power trade activity; short- and medium-term risk management possibilities; 2 - markets opening and new strategies of energy purchase and selling: strategies of foreign actors in France and opportunities for French actors abroad (market opening and its stakes, specificities and opportunities of the energy market in Italy; challenges and opportunities of gas markets opening in Europe: the Ruhrgas approach; stakes of the French market opening: experience feedback of Endesa Europe); repositioning of activities (the new position of Gaz de France (GdF); the deregulated market: risks and opportunities); changing of supplier or partnerships power (towards commercial repositioning); round table: regulators, suppliers, purchasers: are you ready? The congress ends with a practical training course emceed by Endesa: the French electricity and gas markets in the European context; the management of the

The implementation of the Strategy Europe 2020 objectives in European Union countries: the concept analysis and statistical evaluation.

Science.gov (United States)

Stec, Małgorzata; Grzebyk, Mariola

2018-01-01

The European Union (EU), striving to create economic dominance on the global market, has prepared a comprehensive development programme, which initially was the Lisbon Strategy and then the Strategy Europe 2020. The attainment of the strategic goals included in the prospective development programmes shall transform the EU into the most competitive economy in the world based on knowledge. This paper presents a statistical evaluation of progress being made by EU member states in meeting Europe 2020. For the basis of the assessment, the authors proposed a general synthetic measure in dynamic terms, which allows to objectively compare EU member states by 10 major statistical indicators. The results indicate that most of EU countries show average progress in realisation of Europe's development programme which may suggest that the goals may not be achieved in the prescribed time. It is particularly important to monitor the implementation of Europe 2020 to arrive at the right decisions which will guarantee the accomplishment of the EU's development strategy.

Marketing research cluster analysis

OpenAIRE

Marić Nebojša

2002-01-01

One area of applications of cluster analysis in marketing is identification of groups of cities and towns with similar demographic profiles. This paper considers main aspects of cluster analysis by an example of clustering 12 cities with the use of Minitab software.

Projected developments in the US and European LWR fabrication market

International Nuclear Information System (INIS)

Anderson, C.K.; Varley, G.

1996-01-01

There are several important factors influencing change in the fuel fabrication supply industry in Western Europe today. The most important is the changing supply relationships resulting from lower costs in the USA. With US fabrication prices substantially lower than in Western Europe, a situation which is sustainable based on production costs, a major force for change prevails which will have significant implications for the commercial development of both markets over the next decade. The extent to which supply from the USA will drive the Western Europe market will depend, to some extent, on three other factors: the new US-Euratom agreement on nuclear trade; electricity market deregulation in the European Union (EU); near term MOX fuel fabrication capacity. The main purpose of this paper is to discuss the current situation in the USA and Europe, and the manner in which this will lead to changing fuel fabrication supply dynamics in both markets. (author)

Unemployment, inquality and the policy of Europe: 1984-2000

Directory of Open Access Journals (Sweden)

James K. Galbraith

2004-03-01

Full Text Available This paper reconsiders the problem of unemployment in Europe at multiple geographic levels and through time from 1984 to 2000. We employ a panel structure that permits us to separate regional, national and continental influences on Europeanunemployment. Important local effects include the economic growth rate, relative wealth or poverty, and the proportion of young people in the labor force. As part of this analysis, we assess the relationship between pay inequality and unemployment in Europe, following the insight of Harris and Todaro (1970 that pay inequalities influence job search. With our own panel of inequality measures derived from Eurostat's REGIO data set, we find that higher pay inequality, though usually taken to indicate greater labor market flexibility, is associated with more, not less,unemployment. Among large countries distinctive effects at the national level are few, perhaps indicating that national labor market institutions are not a decisive factor in the determination of unemployment. Changes in the macro-environment are picked up by time fixed effects, and these show a striking pan-European rise inunemployment immediately following the Maastricht Treaty, though with some encouraging recovery late in the decade.

Physical and economic consequences of climate change in Europe.

Science.gov (United States)

Ciscar, Juan-Carlos; Iglesias, Ana; Feyen, Luc; Szabó, László; Van Regemorter, Denise; Amelung, Bas; Nicholls, Robert; Watkiss, Paul; Christensen, Ole B; Dankers, Rutger; Garrote, Luis; Goodess, Clare M; Hunt, Alistair; Moreno, Alvaro; Richards, Julie; Soria, Antonio

2011-02-15

Quantitative estimates of the economic damages of climate change usually are based on aggregate relationships linking average temperature change to loss in gross domestic product (GDP). However, there is a clear need for further detail in the regional and sectoral dimensions of impact assessments to design and prioritize adaptation strategies. New developments in regional climate modeling and physical-impact modeling in Europe allow a better exploration of those dimensions. This article quantifies the potential consequences of climate change in Europe in four market impact categories (agriculture, river floods, coastal areas, and tourism) and one nonmarket impact (human health). The methodology integrates a set of coherent, high-resolution climate change projections and physical models into an economic modeling framework. We find that if the climate of the 2080s were to occur today, the annual loss in household welfare in the European Union (EU) resulting from the four market impacts would range between 0.2-1%. If the welfare loss is assumed to be constant over time, climate change may halve the EU's annual welfare growth. Scenarios with warmer temperatures and a higher rise in sea level result in more severe economic damage. However, the results show that there are large variations across European regions. Southern Europe, the British Isles, and Central Europe North appear most sensitive to climate change. Northern Europe, on the other hand, is the only region with net economic benefits, driven mainly by the positive effects on agriculture. Coastal systems, agriculture, and river flooding are the most important of the four market impacts assessed.

European gas market developments. Opportunities and threats

International Nuclear Information System (INIS)

Van Oostvoorn, F.

1998-09-01

The paper is based on two studies conducted by ECN, namely a study entitled 'An analysis of the West-European gas market: a company approach' and another entitled 'Developments of gas markets across Europe' to be published in November 1998. The paper addresses the past driving factors responsible for the increasing share of gas in the EU energy demand. Furthermore it very briefly discusses the rising dependency of the European Union (EU) on gas imports from non-EU sources such as Russia and the expected gas-to-gas competition in a large number of EU countries in the next decades. 25 refs

Comparative Statistical Analysis of Gender Equality on the Labour Markets of Romania and EU28

Directory of Open Access Journals (Sweden)

Daniela PAŞNICU

2015-06-01

Full Text Available To achieve the employment target set in the Europe 2020 Strategy is necessary that women's potential and talent to be used optimally. Increasing employment for both men and women is the main way to achieve autonomy, financial independence and poverty reduction. This paper presents a comparative statistical analysis of gender equality on the labour markets of Romania and EU28 based on official statistics records and specific key labour market indicators. The aim was to highlight the gender gap on activity rates, employment rates by age, work time and unemployment rate, including long-term unemployment. The analyses undertaken shows that in the last ten years activity and employment rates of women in Romania had a slightly decreasing trend, while at the EU28 level had an upward trend, which led to the widening gap than the average EU28. The gender gap for the same indicators rose in the period under review, in the case of Romania, while at the EU28 level decreased.

Power generation needs and opportunities in Eastern Europe

International Nuclear Information System (INIS)

Gadomski, C.R.; Hon, M.

1990-01-01

This article examines the market for power generation and pollution control equipment in Eastern Europe. The topics of the article include financing equipment and services, financial and political incentives, capacity, environmental impacts, energy consumption and efficiency, energy prices, energy diversification, renewable energy opportunities, strategy for the market, and the example of Poland

Marketing research cluster analysis

Directory of Open Access Journals (Sweden)

Marić Nebojša

2002-01-01

Full Text Available One area of applications of cluster analysis in marketing is identification of groups of cities and towns with similar demographic profiles. This paper considers main aspects of cluster analysis by an example of clustering 12 cities with the use of Minitab software.

Electricity market 2001

Energy Technology Data Exchange (ETDEWEB)

NONE

2001-09-01

The electricity markets in the Nordic countries have undergone major changes since the electricity market reform work was started in the early 1990s. Sweden, Norway and Finland have had a common electricity market since 1996. The work of also reforming the Danish electricity market was begun in the year 2000. The objective of the electricity market reform is to introduce increased competition, to give the consumers greater freedom of choice and also, by open and expanded trade in electricity, create the conditions for efficient pricing. The Swedish National Energy Administration is the supervisory authority as specified in the Electricity Act, and one of the tasks entrusted to it by the Government is to follow developments on the electricity market and to regularly compile and report current market information. The purpose of the 'Electricity market 2001' publication is to meet the need for generalized and readily accessible information on the conditions on the Nordic market. Iceland is not included in the description. The publication also includes summaries of information from recent years concerning electricity generation and utilization in the Nordic countries, the structure of the electricity market from the players' perspective, trade in electricity in the Nordic countries and in Northern Europe, electricity prices in the Nordic and other countries, and the impact of the electricity sector on the environment. The publication contains data on electricity generation and use during the past years, structure of the electricity market, trade in electricity in the Nordic countries and northern Europe, electricity prices in the Nordic countries and other countries as well as impact of electricity generation system on the environment.

Electricity market 2001

International Nuclear Information System (INIS)

2001-09-01

The electricity markets in the Nordic countries have undergone major changes since the electricity market reform work was started in the early 1990s. Sweden, Norway and Finland have had a common electricity market since 1996. The work of also reforming the Danish electricity market was begun in the year 2000. The objective of the electricity market reform is to introduce increased competition, to give the consumers greater freedom of choice and also, by open and expanded trade in electricity, create the conditions for efficient pricing. The Swedish National Energy Administration is the supervisory authority as specified in the Electricity Act, and one of the tasks entrusted to it by the Government is to follow developments on the electricity market and to regularly compile and report current market information. The purpose of the 'Electricity market 2001' publication is to meet the need for generalized and readily accessible information on the conditions on the Nordic market. Iceland is not included in the description. The publication also includes summaries of information from recent years concerning electricity generation and utilization in the Nordic countries, the structure of the electricity market from the players' perspective, trade in electricity in the Nordic countries and in Northern Europe, electricity prices in the Nordic and other countries, and the impact of the electricity sector on the environment. The publication contains data on electricity generation and use during the past years, structure of the electricity market, trade in electricity in the Nordic countries and northern Europe, electricity prices in the Nordic countries and other countries as well as impact of electricity generation system on the environment

The operation of French electric power and natural gas retail markets - Report 2014-2015. Report 2015 by the CRE on the operation of French electricity and natural gas markets - Press file

International Nuclear Information System (INIS)

Monteil, Anne; Casadei, Cecile

2015-11-01

After a presentation of some key figures illustrating the French electricity and natural gas markets (customers, number of providers, and so on), and an executive summary, this voluminous report proposes a presentation of CRE's missions regarding the survey and control of retail markets, and of the methodology adopted to survey retail markets, and a recall of the main steps of electricity market and natural gas market opening. Then, it its first chapter, the report proposes a detailed picture and analysis by the end of 2014 for the electricity retail market, for the natural gas retail market, and a discussion about key process follow-up and power cut-off for unpaid bills. The second chapter addresses supplies and prices. It analyses the levels and evolutions of electricity regulated tariffs, of regulated tariffs for gas sales, and of the various market supplies. The third chapter addresses issues related to competition and to the operation of the retail market: the end of sales regulated tariffs, general framework for the survey of providers' practices, provider price practices, analysis of commercial practices implemented by providers, evolutions of the competitive environment on the retail market. An appendix briefly addresses retail markets and regulated tariffs in Europe. A second report proposes a more synthetic presentation which is used as a press file, proposes an executive summary, and addresses the following issues: status of competition (key data for 2014 and 2015), the end of sales regulated tariffs for professionals as a major step of market opening to competition, favourable regulatory context and market price leading to an intensified competition on the residential market, the preferred market supplies for residential consumers, comparison between fixed price and regulated tariffs, an almost non-existent opening in the competition of local distribution utilities, and regulated tariffs in Europe

Norway in a liberalized European energy market

International Nuclear Information System (INIS)

Aune, Finn Roar; Golombek, Rolf; Rosendahl, Knut Einar; Kittelsen, Sverre A.C.

2000-01-01

The authors study the short-term effects of a comprehensive liberalization of the gas and power markets in Europe. The analysis is based on a statically applied general equilibrium model which gives an overall and consistent treatment of the energy markets in Europe. The model preserves the structural features in the production, transport and consumption of gas and electricity in Europe, as well as the new competitive situation arising from the liberalization. It is found that the liberalization leads to a strong fall in the price of electricity. The fall in price reflects increased competition and that idle capacity in the power sector is used to increase the production of electricity. In comparison with the real observations in 1996 (the basis year of the model) the price to the end-user is cut in half. The liberalization also leads to a fall in the price of gas. The price fall reflects in part increased competition, in part the fact that falling prise of electricity reduces the demand for gas. However, the price reduction (in per cent) is not as great as for electricity. The model is also used to study the effects in Norway of increased gas production when the gas is either used in increased gas power production in Norway, or is exported. The main conclusion is that (1) the total emission of carbon dioxide goes down in Western Europe, (2) the reduction is greatest if the gas is burned as gas power in Norway

Italy: a market in transition

International Nuclear Information System (INIS)

White, N.

2002-01-01

The prospects for the Italian gas market, the third biggest in Europe, are reviewed briefly. With increasing demand for gas-fired generation of electric power, Italy will need a new infrastructure. At present, Italian electric power is among the most expensive in Europe. Enei, the dominant generator in the country, is converting its oil-fired plants to gas to increase efficiency and reduce emissions. Combined cycle gas turbine plants are seen as the best way to enter the Italian market. Eni has much gas under 'take or pay' contracts but eventually their grip on the market will be loosened and international players such as Edison, BG Italia BP Shell, and Italian distributors such as AEM Milano, AEM Torino, and ACEA Roma may find new opportunities on offer

EURATOM in a New Europe

International Nuclear Information System (INIS)

Lightner, J.J.; Wolcott, A.L.

1992-01-01

As the European Community (EC) approaches its thirty-fifth anniversary, it faces new challenges in opening markets to competition during a period of recession in the West. The degree to which the EC emphasizes protectionism rather than open competition in world markets will have a profound effect on international trade. In the nuclear fuel market, the EC faces a dilemma as the new nations of the former Soviet Union seek markets in the West for those few products they can sell profitably, while some EC producers seek protection for their existing customer base. The EURATOM Supply Agency, which was established to ensure the equitable and reliable supply of nuclear fuel within the EC, is struggling to address this issue while Europe is rapidly changing

ABOUT DIRECT SALES IN THE WORLD, EUROPE AND ROMANIA

Directory of Open Access Journals (Sweden)

CLAUDIA ISAC

2011-01-01

Full Text Available Direct sale represents a modern product distribution system directly to consumers, generally, directly to their homes, to their workplace or other places, beside retail shops. The best known type of direct sale, the Network Marketing or Multilevel Marketing implies the existence of a network of distributors which earn income from selling on commission, to which they add the trade markup. This paper is based upon the analysis of these types of sales starting with the study of specialized literature especially by foreign authors, mainly Americans, with the analysis of statistical data presented by several organizations such as SELDIA (The European Direct Selling Association, MLM International Romania, ACVD (Association of Direct Selling Companies in Romania, as well as the legal regulations within this field. In conclusion, the paper presents an interesting comparison of the sales and structure volume between the Europe and Romania.

Conjoint Analysis for Marketing Research in Brazil

Directory of Open Access Journals (Sweden)

Vithala R. Rao

2014-09-01

Full Text Available This article offers a review from 1971 to the present, methods of conjoint analysis approaches that are data collection based on stated preferences or choices by consumers. Thousands of studies have been performed using conjoint analysis, since the introduction of the method in the early 70's This set of methods allows market researchers to study trade-off between the attributes of new products, and is useful for various decisions marketing to product design, pricing and market segmentation. The current set of options conjoint analysis is made by the traditional approach stated preference, the discrete choices techniques (or CBCA choice based conjoint analysis which are based on choices declared by self-explanatory approach which uses direct elicitation of importance attributes and evaluation levels of the attributes and the adaptive approach (ACA or adaptive conjoint analysis that involves data collection in stages and adaptive. This article summarizes these methods and their recent developments and presents an application in the Brazilian Market. Given the versatility of the method, there is huge potential for marketing research in Brazil. Essentially, this methodology is alive and growing. 

Management and Marketing Elements in Maritime Cruises Industry. European Cruise Market

Directory of Open Access Journals (Sweden)

Romeo Boşneagu

2015-05-01

Full Text Available European cruises market has a major impact on all aspects of maritime industry: boarding ports, ports of call, shipbuilding, ship maintenance, supplies, sales and marketing, ship crews and administrative facilities. While in 2013, fiscal and economic conditions in Europe have continued to have a constraint to increasing demand for cruises, the number of passengers, Europeans or visitors of European ports, has grown moderately. For the next years, a higher growth of Europena market cruises is expected.

Labor Market Determinants of Migration Flows in Europe

Directory of Open Access Journals (Sweden)

Elvira Nica

2015-01-01

Full Text Available Considerable research attention has focused on the labor market impacts of immigration, the operation and competitiveness of the European Union (EU labor market, and the expenditures and advantages of labor circulation for sending and receiving economies. The aim of the present study is to examine and evaluate the negative social consequences arising from the mobility of workers, the social and economic drivers of migration, and the effect of immigration on natives’ labor market results such as wages and employment.

The Outsourcing as a Means to Organize the Marketing Analysi

Directory of Open Access Journals (Sweden)

Ivanenko Valentyna O.

2017-08-01

Full Text Available The article is aimed at substantiating expediency of the use of outsourcing as a means to organize the marketing analysis. The article is concerned with the theoretical-methodical foundations of using the outsourcing marketing analysis, in particular: approaches to interpretation of outsourcing have been considered and the key aspects that characterize it have been allocated; benefits of using the outsourcing marketing analysis have been proven; the main tasks of marketing analysis, which would be expedient to use for outsourcing, have been allocated; the basic criteria for choosing the external professionals when using the outsourcing of marketing analysis have been defined; stages of marketing analysis in terms of using the outsourcing have been proposed, as well as indicators for qualitative and quantitative evaluation of the efficiency of outsourcing of marketing analysis; a scale for the proposed coefficient of efficiency of the outsourcing of marketing analysis has been substantiated.

An energy policy for Europe

International Nuclear Information System (INIS)

2007-01-01

This document takes stock on the future energy policy of Europe. It discusses successively the challenges, the sustainability, the security of supply, the competitiveness, a strategic objective to guide europe energy policy, the action plan, the internal energy market, the solidarity between member states and security of supply for oil gas and electricity, a long term commitment to greenhouse gases reduction and the EU emissions trading System, the ambitious program of energy efficiency measures at Community national local and international level, a longer term target for renewable energy, a european strategic energy technology plan, a turn towards a low CO 2 fossil fuel future, the future of Nuclear, an international energy policy that actively pursues europe interests, the effective monitoring and reporting and how taking work forwards. (A.L.B.)

Gas pricing in Europe. Pt. 1. Wholesale markets

International Nuclear Information System (INIS)

Donath, R.

1996-01-01

The article investigates gas pricing in the European procurement market and the wholesale markets of the most important EU consumer markets. It demonstrates that value-oriented pricing principles override cost-oriented pricing principles. For one thing, and independently of pricing principles, two- or three-part demand price systems or basic price systems are common. For another, the frequently encountered opportunities for the differentiation of prices show that as long as there is merely substitution competition instead of direct competition, gas suppliers have a certain degree of freedom in fixing their prices. By contrast, the introduction of direct competition in Great Britain has reduced suppliers' individual price fixing margins, because short-term supply and demand variations in the now created spot market are decisive for gas pricing. (orig.) [de

SAT Expo Europe 2010: EGNOS, GALILEO e politica geospaziale

Directory of Open Access Journals (Sweden)

Gianluca Pititto

2010-03-01

Full Text Available SatExpo Europe 2010The 2010 edition of SatExpo Europe has been held in Rome since the 6th until the 8th of february. The event focused on Navigation, Earth Observation and Advanced Telecommunications, with a special reference to the european market and the international colalborations between space agencies.

Cogeneration in Europe: heading for applications below 10 kW

International Nuclear Information System (INIS)

Huhn, K.

2001-01-01

This article focuses on the anticipation of a vibrant market for small scale combined heat and power (CHP) systems and the role of residential boiler manufacturers, installers and utilities in determining market penetration. Details are given of the countries with the largest markets (eg., Germany, UK, the Netherlands), the penetration of micro CHP into the total power generation market, and comparisons between Europe and the US and Asian markets. The division of European countries into four classes of market attractiveness is discussed

The players on the European gas market - 2008 edition

International Nuclear Information System (INIS)

Lecarpentier, Armelle

2008-02-01

In a context of growing dependence on extra-European sources, a growth potential in gas use for power generation and the acceleration of the liberalization process, the 2008 Edition of 'The Players on the European Gas Market' offers a unique detailed review of the positioning of players in both the upstream (production, reserves) and downstream (wholesale and retail supply) sectors of the gas chain. This 140-pages report, includes 55 tables and 29 figures, and presents an in-depth description of the European gas industry by country. The Survey 'The Players on the European Gas Market' provides: - The analysis of new upstream areas and production growth prospects, - Company rankings in terms of reserve and production volumes, - The complete overview of the whole European gas market (market characteristics, supply sources, consuming outlets, effective competition), - Strategies and key facts of the wholesale suppliers to Europe, - An in-depth review of national market structures, - The detailed positioning and analysis of national market power of the numerous companies involved in gas supply

Energy and commodities market

International Nuclear Information System (INIS)

Bokermann, Marcus; Prass, Markus

2015-01-01

The electricity markets in Central and Western Europe and in the nordic countries have further shown weak in 2014 with falling prices. The key factors were the declining quotations for coal and natural gas and the warm weather. Another driver was the growth of renewable energy. In the power markets conditions remained mostly an oversupply. The upward trending prices on the CO 2 emissions market were not formative enough to turn the market sentiment. They only caused for volatility during the year. [de

An energy policy for Europe; Une politique de l'energie pour l'Europe

Energy Technology Data Exchange (ETDEWEB)

NONE

2007-01-15

This document takes stock on the future energy policy of Europe. It discusses successively the challenges, the sustainability, the security of supply, the competitiveness, a strategic objective to guide europe energy policy, the action plan, the internal energy market, the solidarity between member states and security of supply for oil gas and electricity, a long term commitment to greenhouse gases reduction and the EU emissions trading System, the ambitious program of energy efficiency measures at Community national local and international level, a longer term target for renewable energy, a european strategic energy technology plan, a turn towards a low CO{sub 2} fossil fuel future, the future of Nuclear, an international energy policy that actively pursues europe interests, the effective monitoring and reporting and how taking work forwards. (A.L.B.)

The Multi-Layered Crisis - Impacts on People's Rights in Asia and Europe

DEFF Research Database (Denmark)

Schmidt, Johannes Dragsbæk

Invited key-note speech for the Roundtable on "Challenges to participatory democracy and human rights in the globalized market" at the 7th Asia-Europe People's Forum "For Social and Ecological Justice" in Beijing, China 13-15 October 2008......Invited key-note speech for the Roundtable on "Challenges to participatory democracy and human rights in the globalized market" at the 7th Asia-Europe People's Forum "For Social and Ecological Justice" in Beijing, China 13-15 October 2008...

Wind energy market study Eastern Europe. Czech and Slovak Republics

International Nuclear Information System (INIS)

Skjerk Christensen, P.

1994-06-01

The main objective of the THERMIE Associated Measure WE05 is to study the conditions for utilising wind power and estimate the market for wind power in Eastern Europe. This report describes the results of a study of the conditions in the Czech and Slovak republics, which has been concentrated on the following areas: A collection of information on the wind energy potential in these countries and the present structure of the power production system including costs; A search for information concerning payback prices, subsidies, etc. with relation to renewable energy sources, especially wind power, existing wind turbines and their production; An estimate of the possibilities for co-production of wind turbines by Czech, Slovak, and EC factories; A compilation of information on rules and legislation pertaining to the establishment of wind turbines and to power production by wind, e.g. regulations related to grid connections, safety, and environmental production. In order to promote the utilisation of wind power in the Czech and Slovak Republics, some recommendations based on this study may be put forward: the operation of pilot plants should be evaluated in order to compare the recorded production with that which is estimated theoretically based on measured wind data. Existing wind data should be supplemented with new measurements especially at sites that based on current knowledge may be suitable for establishing wind parks. The economic feasibility of wind power in these countries should be calculated based on the best available physical and economic data. (EG)

Croatian Oil and Gas Market - an Area of Contact Between Europe and Asia

International Nuclear Information System (INIS)

Dragicevic, T.

2007-01-01

Croatia - a regional energy hub, a catchword that has been adopted even by politicians, denotes a combination of favourable geographical position and use of this advantage as a mediator in providing transmission services for natural gas, oil and electricity between Europe and Asia, as well as between the north and the south of the European continent. However, although the idea of regional energy hub has gained support, it is still at a turning point and may take three different directions: 1. If timely activities are undertaken for the implementation of the LNG terminal project and connecting of the JANAF oil pipeline with PEOP and/or Druzba Adria, the realisation of energy hub is possible; 2. In case of further delays in implementing the LNG terminal project and Druzba Adria oil pipeline, we will lose the opportunity for participation in major European projects for twenty years at least; 3. A possible solution may be sought in takeover of individual energy activities by large foreign energy companies that show interest for the Croatian energy market. This last option is very likely due to considerable interest by Central and East European energy companies. In the eve of the expected EU accession, any resistance to takeover may be qualified as economic nationalism. Only large, powerful nations enjoy the privilege that their resistance to foreign domination is qualified as economic patriotism. Since the year 2000 when preparations for INA's privatization began, there were indications of interest and aspiration of the Russian oil companies to ensure presence in the Croatian market. In the meantime the Russian companies evolved their strategies of penetration on the flanks of the European market in the form of North Stream pipeline over the Baltic Sea and South Stream through the Black Sea and Turkey. So, the Republic of Croatia is on the crossroad: it can take a secondary role in other players' strategy, or it can pursue its own strategy based on growth and security

Gas Storage in Europe, recent developments and outlook to 2035

International Nuclear Information System (INIS)

Hureau, Geoffroy

2015-01-01

These slides present: the European gas storage market in 2014 (Review of 2014 trends, Current challenges, Role of storage); the Outlook to 2035 (Supply/Demand factors, Estimated Storage needs, Project backlog). In conclusion: an over capacity is expected until 2025.Supply and demand evolution, market liberalization and environmental constraints on coal will drive a new period of growth for UGS. Cedigaz estimates that European UGS capacity will increase by around 45 bcm by 2035. UGS projects represent 77 bcm Of which 22 bcm is under construction, there is a majority of salt-cavern projects (market liberalization), not so much new seasonal storage (security of supply?), not all planned storage will be built (Projects under competition for the same (regional) market, the situation is quite contrasted between NW Europe and South-Southeast Europe (and UK)). The challenges are the investment and the security of supply

FOREIGN DIRECT INVESTMENTS IN SOUTH-EASTERN EUROPE COUNTRIES ANALYSIS OF INFLUENCE FACTORS

Directory of Open Access Journals (Sweden)

Nenad POPOVIĆ

2010-01-01

Full Text Available That influences the inflow of foreign direct investments (FDIs into South-Eastern Europe (SEE, whereby main emphasis will be put on republics of Former Yugoslavia, but also with some references to Romania’s case.Choice of the countries for comparison is made upon assumption that they were characterized by relatively the same industrial, market and social development before they entered the process of transition, so comparisons from the aspect of achieved results is of scientific importance. Special attention will be directed to the result made by the Republic of Serbia in the process of attracting FDIs. First of all, main terms of foreign direct investments will be defined in this paper and we will give general review of literature related to allocation of foreign direct investments. Then, recent trends of foreign direct investments in south-astern Europe will be described. Finally, the factors that influence allocation of FDIs,as well as relationship between index of global competitiveness of observed countries and accumulated FDIs during period of transition will be analyzed.

Demand Response in Europe's Electricity Sector: Market barriers and outstanding issues

International Nuclear Information System (INIS)

Eid, Cherrelle

2015-01-01

In October 2014, Europe's drive for sustainability has been further continued with the set objectives for 2030, aiming for 40% emission reduction compared to 1990 levels and at least a 27% share of renewable energy sources. For the longer term, the European Commission (EC) targets a zero CO_2 emitting electricity sector in 2050. Those objectives for the electricity sector have a large impact on the expected development of electricity generation, but also on the evolution of demand. To meet those objectives, a larger share of electricity supply will come from intermittent sources like wind turbines and solar panels. In an electric system that is largely based on renewable electricity sources, it is desired to have higher electricity consumption in moments when more renewable electricity is being produced, and a lower consumption in times of lower renewable production. Demand response is related to the adaptability of the electricity demand to the availability of supply. The development of demand response is rooted in the need for carbon emission reductions and for efficient use of installed generation capacities with the growth of power consumption. In addition to providing flexibility to the electric system, demand response could be a direct source of revenue to households and businesses. In 2013, in the United States, businesses and homeowners earned over $2.2 billion in revenues from demand response together with other avoided investment in grid infrastructure and power plants. This source of direct revenue could also be made available in Europe and would release financial benefits to local economies (SEDC, 2014). The reliability improvements as well as the economic and sustainability potential coming from a more responsive electricity demand are fully acknowledged. However, demand response is still immaturely developed in Europe. If Europe wants to make a step forward to a more sustainable electricity sector, the development of demand response is an inevitable

An analysis of stock market efficiency: Developed vs Islamic stock markets using MF-DFA

Science.gov (United States)

Rizvi, Syed Aun R.; Dewandaru, Ginanjar; Bacha, Obiyathulla I.; Masih, Mansur

An efficient market has been theoretically proven to be a key component for effective and efficient resource allocation in an economy. This paper incorporates econophysics with Efficient Market Hypothesis to undertake a comparative analysis of Islamic and developed countries’ markets by extending the understanding of their multifractal nature. By applying the Multifractal Detrended Fluctuation Analysis (MFDFA) we calculated the generalized Hurst exponents, multifractal scaling exponents and generalized multifractal dimensions for 22 broad market indices. The findings provide a deeper understanding of the markets in Islamic countries, where they have traces of highly efficient performance particularly in crisis periods. A key finding is the empirical evidence of the impact of the ‘stage of market development’ on the efficiency of the market. If Islamic countries aim to improve the efficiency of resource allocation, an important area to address is to focus, among others, on enhancing the stage of market development.

Credit risk in liberalised power and natural gas markets

International Nuclear Information System (INIS)

Lapson, E.; Hunter, Richard

1999-01-01

This chapter examines the relationship of market structure and price volatility to credit risk, and discusses credit risk and energy market structures, credit risk in bilateral contracts, market evolution, and the effect of liberalising power markets on credit quality considering the power liberalising in Europe, the pace of change, and the new risks and opportunities. The market structure in Europe is addressed, and the EU Directive 96/92/EC, structural requirements, access for new generation capacity, and transmission costs are considered. Details of the liberalisation in the UK electricity market, the German market, and the Nord Pool are given, and the best credit practices in bilateral markets, and the quantifying of expected credit loss are described. Panels highlighting the need to know your counterparty in evaluating and negotiating bilateral contracts, and lessons learnt from the June 1998 US power price spike are presented

Stock Market Volatility: Examining North America, Europe and Asia

OpenAIRE

Gamini Premaratne; Lakshmi Bala

2004-01-01

An understanding of volatility in stock markets is important for determining the cost of capital and for assessing investment and leverage decisions as volatility is synonymous with risk. Substantial changes in volatility of financial markets are capable of having significant negative effects on risk averse investors. Using daily returns from 1992 to 2002, we investigate volatility co-movement between the Singapore stock market and the markets of US, UK, Hong Kong and Japan. In order to gauge...

Analysis of Economic Factors Affecting Stock Market

OpenAIRE

Xie, Linyin

2010-01-01

This dissertation concentrates on analysis of economic factors affecting Chinese stock market through examining relationship between stock market index and economic factors. Six economic variables are examined: industrial production, money supply 1, money supply 2, exchange rate, long-term government bond yield and real estate total value. Stock market comprises fixed interest stocks and equities shares. In this dissertation, stock market is restricted to equity market. The stock price in thi...

Solar Market Research and Analysis Publications | Solar Research | NREL

Science.gov (United States)

Market Research and Analysis Publications Solar Market Research and Analysis Publications NREL researchers and analysts publish a variety of documents related to solar market research and analysis achieving the SETO 2030 residential PV cost target of $0.05 /kWh by identifying and quantifying cost

Surfing the money tides: understanding the foreign exchange market through metaphors.

Science.gov (United States)

Oberlechner, Thomas; Slunecko, Thomas; Kronberger, Nicole

2004-03-01

This study describes metaphorical conceptualizations of the foreign exchange market held by market participants and examines how these metaphors socially construct the financial market. Findings are based on 55 semi-structured interviews with senior foreign exchange experts at banks and at financial news providers in Europe. We analysed interview transcripts by metaphor analysis, a method based on cognitive linguistics. Results indicate that market participants' understanding of financial markets revolves around seven metaphors, namely the market as a bazaar, as a machine, as gambling, as sports, as war, as a living being and as an ocean. Each of these metaphors highlights and conceals certain aspects of the foreign exchange market and entails a different set of implications on crucial market dimensions, such as the role of other market participants and market predictability. A correspondence analysis supports our assumption that metaphorical thinking corresponds with implicit assumptions about market predictability. A comparison of deliberately generated and implicitly used metaphors reveals notable differences. In particular, implicit metaphors are predominantly organic rather than mechanical. In contrast to academic models, interactive and organic metaphors, and not the machine metaphor, dominate the market accounts of participants.

Increase of the competition on the electric power french market: 6000 MW for the concurrence

International Nuclear Information System (INIS)

2001-01-01

In the framework of the energy market deregulation in France, EDF became wedded to three objectives: encourage the competition in France, contribute to the development of a unique energy market in Europe and and allowed the EDF group development in the same conditions of the concurrence. In this mind, EDF put 6000 MW for auction. An economic analysis of the EDF group policy facing the competition of the new energy de-regulated market is proposed. (A.L.B.)

Stock market prediction using technical analysis

Directory of Open Access Journals (Sweden)

Bradić-Martinović Aleksandra

2006-01-01

Full Text Available Technical analysis (TA is a form of analyzing market encompassing supply and demand of securities according to the study of their prices and trading volume. Using the appropriate methods, TA aims to identify price movements in the stock market, futures or currencies. In short, TA analysis is the process by which "future price movements are formulated according to the price history". TA originates from the work of Charles Dow and his conclusions about the global behavior of the market, as well as from Elliot Wave Theory. Dow did not regard its theory as a tool for stock market movement prediction, nor as a guide for investors, but as a kind of barometer of general market movements. The term TA methods encompasses all the methods used in tracking prices aiming to clearly predict future events. Many different methods, mainly statistical, are used in technical analysis, the most popular ones being: establishing and following trends using moving average, recognizing price momentum, calculating indicators and oscillators, as well as cycle analysis (structure indicators. It is also necessary to point out that TA is not a science in the true meaning of the term, and that methods it uses frequently deviate from the conventional manner of their use. The main advantage of these methods is their relative ease of use, aiming to give as clear picture as possible of price movements, while at the same time avoiding the use of complicated and complex mathematical methods. The reason for this is simple and is reflected in the dynamics of financial markets, where changes occur during short periods of time and where prompt decision-making is of vital importance.

Gas crisis in Europe

International Nuclear Information System (INIS)

2002-01-01

The gas crisis in Europe is getting more evident. Basing his discussion on BP's annual statistical review of world energy, 2002, the author concludes that an increasing number of the major European consumers of natural gas may acquire a supply- and safety problem and become more dependent on imported gas for operating power stations. This is going to be most dramatic for France, Germany and Italy. Great Britain have gas reserves that will last for about seven years. Spain is an interesting ''phenomenon'' in the European gas market; they have trebled their gas consumption during the last decade. Europe's dependence on a high production rate on the Norwegian Shelf has become stronger from year to year

Market niche analysis in the casino gaming industry.

Science.gov (United States)

Dandurand, L

1990-03-01

This article discusses the nature of market niche analysis in the casino gaming industry. It presents four approaches for conducting market niche analysis. An an example of one approach, the Las Vegas Visitor Profile Study is used to identify a premium niche in the Las Vegas Slot Target Market. A detailed examination of the premium niche profile provides a description of the typical premium slot player. The description of the typical premium player leads to hypotheses regarding needs (the unique preference set) of the premium player. An analysis of the unique preference set suggests an appropriate enhanced marketing program.

A Time Series Analysis to Asymmetric Marketing Competition Within a Market Structure

OpenAIRE

Francisco F. R. Ramos

1996-01-01

As a complementary to the existing studies of competitive market structure analysis, the present paper proposed a time series methodology to provide a more detailed picture of marketing competition in relation to competitive market structure. Two major hypotheses were tested as part of this project. First, it was found that some significant cross- lead and lag effects of marketing variables on sales between brands existed even between differents submarkets. second, it was found that high qual...

Price discovery in European natural gas markets

International Nuclear Information System (INIS)

Schultz, Emma; Swieringa, John

2013-01-01

We provide the first high-frequency investigation of price discovery within the physical and financial layers of Europe's natural gas markets. Testing not only looks at short-term return dynamics, but also considers each security's contribution to price equilibrium in the longer-term. Results show that UK natural gas futures traded on the Intercontinental Exchange display greater price discovery than physical trading at various hubs throughout Europe. - Highlights: • We use intraday data to gauge price discovery in European natural gas markets. • We explore short and long-term dynamics in physical and financial market layers. • Results show ICE's UK natural gas futures are the main venue for price discovery

Techno-Economic, Sustainability, and Market Analysis | Bioenergy | NREL

Science.gov (United States)

Techno-Economic, Sustainability, and Market Analysis Techno-Economic, Sustainability, and Market Analysis NREL conducts techno-economic analyses (TEAs) for algal biofuels, thermochemical conversion, and agitating the liquid as it flows around. Algal Biofuels Techno-Economic Analysis NREL's Algae Techno

The electric power market in Europe. The stakes and forecasts of the market reconfiguration

International Nuclear Information System (INIS)

2002-01-01

This study takes stock on the eight main european electric power markets. It provides data on the electric power sector, knowledge on the european market competition, it analyzes the european companies mastership and management, the market reconfiguration, it evaluates and compares the financial performance of the sector leaders. (A.L.B.)

Market Analysis DeN2O. Market potential for reduction of N2O emissions at nitric acid facilities

International Nuclear Information System (INIS)

Smit, A.W.; Gent, M.M.C.; Van den Brink, R.W.

2001-05-01

ECN has developed a technique for the removal of nitrous oxide (N2O) from the tail gases of a nitric acid plant. The aim of this project was to make an assessment of the market opportunities of this technique. To this end a study was made of the relevant international regulations and agreements on the field of climate policy. The formulation of an international greenhouse gas policy and concomitant flexible mechanisms is a prerequisite for the market introduction of any N2O abatement technique. The available techniques and techniques in development for N2O abatement in the nitric acid industry are described and the strengths and weaknesses are given. Furthermore, the costs per ton CO2 equivalents removed are estimated. Direct decomposition of N2O (either in the NH3 combustion reactor or downstream the absorber) are the most cost efficient techniques. Finally, the number and sizes of nitric acid plants in Europe and the developments in the fertiliser market are described. The current difficult fertiliser market makes the nitric acid producers reluctant to invest in N2O abatement technologies

The natural gas market

International Nuclear Information System (INIS)

Lagrasta, F.; Kaminski, V.; Prevatt, R.

1999-01-01

This chapter presents a brief history of the natural gas market highlighting the changes in the gas market and examining risk management in practice detailing the types of price risks, and the use of hedging using forwards and swaps. Options to manage risk are identified, and the role of risk management in financing, the role of the intermediary, and the market outlook are discussed. Panels describing the market structure, storage and natural gas risk management, the art of risk management, the winter 1995-96 basis blowout, spark spreads, the UK gas market and Europe, and weather derivatives are presented

TOWARDS THE CAPITAL MARKET UNION

Directory of Open Access Journals (Sweden)

Iulian PANAIT

2015-06-01

Full Text Available This paper discusses the main characteristics of the proposed Capital Markets Union in Europe, as they are introduced by the European Commission and various authors, and emphasises some important advantages and disadvantages of this project for the developing and frontier markets in UE, especially for Romania.

Nuclear insurance in Central and Eastern Europe

International Nuclear Information System (INIS)

Warren, G.

1998-01-01

In the world outside the former Soviet Union, insurance industries in their respective domestic markets have pooled their resources so as to provide a secure and cost-effective conduit for the transaction of insurance business on behalf of the nuclear industry. These are the so-called nuclear pools. This paper explains the four main principles behind nuclear liability insurance and discusses their application to Central Europe and in particular to the problems facing the nuclear industry in Eastern Europe. (author)

Challenges for Higher Education in the Context of Europe 2020

Directory of Open Access Journals (Sweden)

Manuela Unguru

2012-07-01

Full Text Available One goal of Europe 2020 Strategy is to increase the share of higher education to 40% of the population 30-34 years old, but the gap at EU27 level is 7 percentage points, with important differences among EU member states. Romania is also lagging behind, but if one looks at the population 20-24 years old, 91% of them have a tertiary education degree. More educated people would contribute to productivity gains and finally to economic growth. Thus, education policies should adapt in order to adress the labor market challenges and to ensure succesful insertion on the labor market and high returns of investment in education, both individual and public. Reaching the Europe 2020 objectives implies increase the returns on education, by improving the effectiveness of education process. Among the challenges of education policies there are better adapted curriculum to labour market needs, higher involvement of the employers and adjustment of financing models with respect to the higher education market and its determinants.

Strategic marketing types: Evidence from the European meat processing industry

DEFF Research Database (Denmark)

Strandskov, Jesper; Hundahl, Lone; Laursen, Christina

performance might differ between firms pursuing any strategy type has a strong academic and practical business interest. There is still a need to explore the basic question of whether generic types of mark strategies exist. Also there is a lack of empirical evidence which examines a wide range of strategic...... marketing strategies, (2) places these clusters in a strategic typology in order to better understand their position in the marketplace, and (3) analyses these strategic marketing types in terms of performance outcomes and differences in corporate attitudes and goals. 3. The meat processing sector in Europe....... Integrating previous definitions and findings on key strategy dimensions, three main marketing strategy components are used in the analysis: Strategic focus/objective marketing targeting and marketing positioning. The variables are split up in the following main groups: Marketing strategy variables, Corporate...

Study on underground gas storage in Europe and Central Asia; Etude sur le stockage souterrain du gaz en Europe et en Asie Centrale

Energy Technology Data Exchange (ETDEWEB)

Sedlacek, R. [NlfB, Germany (Germany); Rott, W. [Wintershall AG, Celle (Germany); Rokosz, W. [POGC, Poland (PL)] (and others)

2000-07-01

The Working Party on Gas of the United Nations Economic Commission for Europe (UN/ECE), at its sixth session in 1996, decided to undertake a study on 'Underground gas storage in Europe and Central Asia'. The study was launched by the Working Party on Gas in the recognition of the role of underground gas storage (UGS) in the creation of unified European gas market, its liberalization, security of gas supply and cooperation among gas enterprises. The data analysed by the study was collected through the comprehensive questionnaire, circulated among gas companies/organizations of the ECE member-countries. To carry out the study, a special Ad Hoc Group of Experts, representing leading gas companies of the region, was set up. The study deals with a wide range of issues related to the underground storage of gas, such as current status of UGS in Europe and Central Asia, new and emerging technologies, new and existing UGS projects, regulatory framework, cost of storage in USA and in Europe, future gas markets development. An attempt was also made to identify the UGS facilities that play (and could provide in the future) the international contract border services. (authors)

Small States in Europe

DEFF Research Database (Denmark)

This book offers an accessible, coherent and informative analysis of contemporary and future foreign policy challenges facing small states in Europe.......This book offers an accessible, coherent and informative analysis of contemporary and future foreign policy challenges facing small states in Europe....

Developing marketing strategies for tourism destinations in peripheral areas of Europe: the case of Bornholm

DEFF Research Database (Denmark)

Hartl, Ann

by viewing them as cooperative customers. Thus the DMO needs to apply the principles of marketing to the development process of the strategy itself, and therefore to view the strategic plan as a product of the DMO, which needs to be marketed. The theoretical analysis shows that DMOs cannot control all......This thesis concentrates on the subject of destination marketing with a specific focus on the process of developing strategies through a Destination Marketing Organisation (DMO) for a peripheral area, illustrated by a case study from the Danish island of Bornholm. It investigates the theoretical...... foundations for destination marketing, concluding that there should be a shift in focus from general marketing theory to a broader application of organisational theories and associated fields, enabling the DMO to improve performance. The specific conditions for and structures of peripheral areas indicate...

Market analysis. Renewable fuels; Marktanalyse. Nachwachsende Rohstoffe

Energy Technology Data Exchange (ETDEWEB)

NONE

2014-07-01

The Agency for Renewable Resources (FNR) had on behalf of the Federal Ministry of Food and Agriculture created a study on the market development of renewable resources in Germany and published this in the year of 2006. The aim of that study was to identify of actual status and market performance of the individual market segments of the material and energetic use as a basis for policy recommendations for accelerated and long term successful market launch and market share expansion of renewable raw materials. On behalf of the FNR, a market analysis of mid-2011 was carried out until the beginning of 2013, the results of which are hereby resubmitted. This market analysis covers all markets of material and energetic use in the global context, taking account of possible competing uses. A market segmentation, which was based on the product classification of the Federal Statistical Office, formed the basis of the analysis. A total of ten markets have been defined, seven material and three energetic use. [German] Die Fachagentur Nachwachsende Rohstoffe e.V. (FNR) hatte im Auftrag des BMEL eine Studie zur Marktentwicklung von nachwachsenden Rohstoffen in Deutschland erstellen lassen und diese im Jahr 2006 veroeffentlicht. Ziel der damaligen Studie war die Ermittlung von Ist-Zustand und Marktentwicklung der einzelnen Marktsegmente der stofflichen und energetischen Nutzung als Basis fuer Handlungsempfehlungen fuer eine beschleunigte und langfristig erfolgreiche Markteinfuehrung bzw. Marktanteilsausweitung nachwachsender Rohstoffe. Im Auftrag der FNR wurde erneut eine Marktanalyse von Mitte 2011 bis Anfang 2013 durchgefuehrt, deren Ergebnisse hiermit vorgelegt werden. Diese Marktanalyse umfasst alle Maerkte der stofflichen und energetischen Nutzung im globalen Kontext unter Beruecksichtigung moeglicher Nutzungskonkurrenzen. Eine Marktsegmentierung, die sich an der Produktklassifikation des Statistischen Bundesamtes orientierte, bildete die Grundlage der Analyse. Insgesamt

Electricity and gas market observatory. 2. Quarter 2007

International Nuclear Information System (INIS)

2007-01-01

The purpose of the observatory is to provide the general public with indicators for monitoring market deregulation. It both covers the wholesale and retail electricity and gas markets in Metropolitan France. This observatory is updated every three months and data are available on CRE web site (www.cre.fr). The present observatory is dedicated only to eligible customers before 1 July 2007, i.e. non-residential customers. Statistics related to residential customers will be published in the next observatory (1 December 2007). Content: A - The electricity market: The retail electricity market (Introduction, Non-residential customer segments and their respective weights, Status at July 1, 2007, Dynamic analysis: 2. Quarter 2007); The wholesale electricity market (Introduction, Wholesale market activity in France, Wholesale market activity in France, Prices on the French wholesale market and European comparison, Import and export volumes, Concentration of the French electricity market, Striking fact of the second quarter 2007); B - The gas market: The retail gas market (Introduction, The non-residential customer segments and their respective weights, Status at July 1, 2007); The wholesale gas market (Gas pricing and gas markets in Europe, The wholesale market in France); C - Appendices: Electricity and gas market observatories combined glossary, Specific electricity market observatory glossary, Specific gas market observatory glossary

Electricity and gas market observatory. 1. quarter 2007

International Nuclear Information System (INIS)

2007-01-01

Since July 1, 2004, all electricity and gas consumers can be eligible according to their consumption site, as long as all or part of the electricity or gas consumed is designed for non-residential use. The purpose of the observatory is to provide the general public with indicators for monitoring market deregulation. It both covers the wholesale and retail electricity and gas markets in Metropolitan France. This observatory is updated every three months and data are available on CRE web-site (www.cre.fr). It presents: The electricity market; The retail electricity market: Eligible customer segments and their respective weights, Status at April 1, 2007, Dynamic analysis: 1. Quarter 2007; The wholesale electricity market: Traded volumes on the French wholesale electricity market and comparison with European markets, Prices on the French wholesale electricity market and European comparison, Import and export volumes, Concentration of the French electricity market, Striking facts of the 1. 2007 quarter; The gas market; The retail gas market: The eligible customer segments and their respective weights, Status at April 1. 2007; The wholesale gas market: Gas pricing and gas markets in Europe,The wholesale market in France. Some glossaries are attached to the document: Electricity and gas market observatories combined glossary; Specific electricity market observatory glossary; Specific gas market observatory glossary

Electricity and gas market observatory. 4. quarter 2006

International Nuclear Information System (INIS)

2007-01-01

Since July 1, 2004, all electricity and gas consumers can be eligible according to their consumption site, as long as all or part of the electricity or gas consumed is designed for non-residential use. The purpose of the observatory is to provide the general public with indicators for monitoring market deregulation. It both covers the wholesale and retail electricity and gas markets in Metropolitan France. This observatory is updated every three months and data are available on CRE web-site (www.cre.fr). It presents: The electricity market; The retail electricity market: Eligible customer segments and their respective weights, Status at January 1, 2007, Dynamic analysis: 4. Quarter 2007; The wholesale electricity market: Traded volumes on the French wholesale electricity market and comparison with European markets, Prices on the French wholesale electricity market and European comparison, Import and export volumes, Concentration of the French electricity market, Striking facts of the 4. 2006 quarter; The gas market; The retail gas market: The eligible customer segments and their respective weights, Status at January 1. 2007; The wholesale gas market: Gas pricing and gas markets in Europe,The wholesale market in France. Some glossaries are attached to the document: Electricity and gas market observatories combined glossary; Specific electricity market observatory glossary; Specific gas market observatory glossary

Electricity and gas market observatory. 1. quarter 2007

Energy Technology Data Exchange (ETDEWEB)

NONE

2007-07-01

Since July 1, 2004, all electricity and gas consumers can be eligible according to their consumption site, as long as all or part of the electricity or gas consumed is designed for non-residential use. The purpose of the observatory is to provide the general public with indicators for monitoring market deregulation. It both covers the wholesale and retail electricity and gas markets in Metropolitan France. This observatory is updated every three months and data are available on CRE web-site (www.cre.fr). It presents: The electricity market; The retail electricity market: Eligible customer segments and their respective weights, Status at April 1, 2007, Dynamic analysis: 1. Quarter 2007; The wholesale electricity market: Traded volumes on the French wholesale electricity market and comparison with European markets, Prices on the French wholesale electricity market and European comparison, Import and export volumes, Concentration of the French electricity market, Striking facts of the 1. 2007 quarter; The gas market; The retail gas market: The eligible customer segments and their respective weights, Status at April 1. 2007; The wholesale gas market: Gas pricing and gas markets in Europe,The wholesale market in France. Some glossaries are attached to the document: Electricity and gas market observatories combined glossary; Specific electricity market observatory glossary; Specific gas market observatory glossary.

Electricity and gas market observatory. 4. quarter 2006

Energy Technology Data Exchange (ETDEWEB)

NONE

2007-07-01

Since July 1, 2004, all electricity and gas consumers can be eligible according to their consumption site, as long as all or part of the electricity or gas consumed is designed for non-residential use. The purpose of the observatory is to provide the general public with indicators for monitoring market deregulation. It both covers the wholesale and retail electricity and gas markets in Metropolitan France. This observatory is updated every three months and data are available on CRE web-site (www.cre.fr). It presents: The electricity market; The retail electricity market: Eligible customer segments and their respective weights, Status at January 1, 2007, Dynamic analysis: 4. Quarter 2007; The wholesale electricity market: Traded volumes on the French wholesale electricity market and comparison with European markets, Prices on the French wholesale electricity market and European comparison, Import and export volumes, Concentration of the French electricity market, Striking facts of the 4. 2006 quarter; The gas market; The retail gas market: The eligible customer segments and their respective weights, Status at January 1. 2007; The wholesale gas market: Gas pricing and gas markets in Europe,The wholesale market in France. Some glossaries are attached to the document: Electricity and gas market observatories combined glossary; Specific electricity market observatory glossary; Specific gas market observatory glossary.

Marketing Expansive Strategies of Scotch Whisky in China Market: A Challenger's perspective

OpenAIRE

Wang, Wenchuang

2005-01-01

"Love makes the world go round? Not at all. Whisky makes it go round twice as fast!" Compton Mackenzie wrote in the book - " Whisky Galore". Being famously called the "water of life", Scotch whisky has been the world's leading spirit drink and outsells every other noble spirit in world markets. Compared with the success in Europe, South Korea and Japan, Scotch whisky in China market is still very much in its infancy. But the world's largest market clearly provides huge potential, especi...

Ground Handling Business at Non-European Biggest World Airports as a Problem of Market Structures

Directory of Open Access Journals (Sweden)

Anna Tomová

2015-12-01

Full Text Available In the paper we analyse the market structures of ground handling at the biggest non-European passenger and cargo airports in accordance with the ACI list of the most important world airports in 2014. Using the IATA IGHC database as of spring 2015, our analysis revealed that out of Europe double digit numbers of providers are rare what contrasts with situation in Europe where ground handling markets were deregulated by the Council Directive 96/67/EC. The analysis also brought that the monopolistic structures of ground handling markets were more specific for the regions of Asia and the Middle East. Airports as ground handling providers were not found within the analysed sample in North America, Latin America, Africa and Australia and Oceania, while this arrangement was to a larger extent present at the analysed Asian airports. Asia and the Middle East biggest airports are identified by us as candidates for further deregulation of ground handling arguing by forecasted demand for air services in the regions, although expected deregulation may be curbed by national regulators.

SOCIAL POLICIES AND STRUCTURAL REFORMS IN EUROPE

Directory of Open Access Journals (Sweden)

Ferran Brunet Cid

2006-12-01

Full Text Available This paper considers the social and structural policies in contemporary Europe. The presentation is organized in four sections. First, we discuss the emerging Europe, the new unity based on democracy and the market economy, the special European Union formula, and comparisons with America. Second, we analyze the dynamics of the European economy, the convergence process, the gaps between United States in productivity and standard of living, competitiveness issues, and the emergence of a new European economy and new European policy mix.Third, we consider European social conditions, the stationary and aging population, Europe’s low employment rate and permanently high unemployment. European economic growth could draw on two major sources: the labor reserves and reforms in factor, product and service markets. In a monetary union, advanced industrial relations should promote labor mobility and salary flexibility. The social security systems permit the redistribution and cohesion which defines the European model.Fourth, for the new Europe, the structural reform strategy is the way forward for the challenge of European economic policy and social policy: more and better jobs thanks to sustainable growth in a dynamic and competitive knowledge-based economy, favoring greater social cohesion.

The security of energy supplies in Europe

International Nuclear Information System (INIS)

Vuillemin, Francois

2002-01-01

As an attempt occurred against a French oil tanker in the Persian Gulf (in 2002), and showed that security of oil supplies is not only related to oil shock or to political environment such as the Cold War, this article discusses issues of security for European energy supplies. It first addresses the situation and the evolution of energy needs and resources in the World and in Europe: predictions of evolution of consumption and production, major role of fossil fuels in the European consumption. It discusses the outage risks: the supply security can be analysed with respect to consumption per sector, per usage or per energy product, and Europe must face three major risks (no more hydrocarbon resources at a reasonable cost, economic risk due to market volatility, geopolitical risk). The next part discusses the perspective of a European strategy. It identifies several elements of choice for Europe in terms of energy demand management, of opening up to competition of electricity and gas markets. It discusses European ambitions in terms of supply security: need of a community framework, actual propositions of a directive for oil and gas

An empirical analysis on the effects of marketing communications on market share adjustment

Directory of Open Access Journals (Sweden)

Somayeh Hozouri

2014-01-01

Full Text Available During the past few years, there has been growing competition between two primary sources of mobile service providers including Hamrah Aval and Irancell in Iran. The competition is so tight that both service providers have spent significant amount of money on marketing planning. Therefore, it is necessary to find important factors influencing on better marketing planning. This paper presents an investigation to analyze the effects of marketing communications on market share adjustment. The proposed study of this paper has used principle component analysis and it has detected four factors environment issues, marketing organization, market development and relationship oriented.

Prospects of the French offshore wind power market

International Nuclear Information System (INIS)

Anon.

2011-12-01

This market study about the French offshore wind power industry presents: 1 - the bases of the offshore wind power market: wind turbine operation principle, foundations and scale change; 2 - business model of offshore wind power projects: logistical, technical and financial challenges, cost structure and profitability of projects (investment, power generation costs, incentive mechanisms), project development time; 3 - European and French regulatory framework: the energy/climate package, the French 'Grenelle de l'Environnement' commitments for the development of renewable energies; 4 - start up of the French offshore wind power market: the onshore wind power market looking for growth relaying, the lateness of the offshore market, outlines of the call for bids and of the first phase launching (schedule, selected sites and candidates), market development stakes and opportunities; 5 - offshore wind power overview in Europe - lessons for the French market prospects: status of the European market (installed power/country, projects in progress), European leaders of the market (analysis of the British, Danish and German markets successful takeoff), specificities of the French market (are all favourable conditions present?); 6 - takeoff of the French market - what opportunities on the overall value chain?: front-end of the industry (manufacturers and component suppliers: industry structure, competition, R and D, subcontractors in France), back-end of the industry (developers/operators: sector analysis, ambitions, alliances, competences), specific French know-how in offshore installation and connection of wind turbines (reconversion of harbour areas, re-positioning of shipbuilding industry). (J.S.)

An economic analysis of space solar power and its cost competitiveness as a supplemental source of energy for space and ground markets

Science.gov (United States)

Marzwell, N. I.

2002-01-01

Economic Growth has been historically associated with nations that first made use of each new energy source. There is no doubt that Solar Power Satellites is high as a potential energy system for the future. A conceptual cost model of the economics value of space solar power (SSP) as a source of complementary power for in-space and ground applications will be discussed. Several financial analysis will be offered based on present and new technological innovations that may compete with or be complementary to present energy market suppliers depending on various institutional arrangements for government and the private sector in a Global Economy. Any of the systems based on fossil fuels such as coal, oil, natural gas, and synthetic fuels share the problem of being finite resources and are subject to ever-increasing cost as they grow ever more scarce with drastic increase in world population. Increasing world population and requirements from emerging underdeveloped countries will also increase overall demand. This paper would compare the future value of SSP with that of other terrestrial renewable energy in distinct geographic markets within the US, in developing countries, Europe, Asia, and Eastern Europe.

Modelling and analysis of global coal markets

International Nuclear Information System (INIS)

Trueby, Johannes

2013-01-01

The thesis comprises four interrelated essays featuring modelling and analysis of coal markets. Each of the four essays has a dedicated chapter in this thesis. Chapters 2 to 4 have, from a topical perspective, a backward-looking focus and deal with explaining recent market outcomes in the international coal trade. The findings of those essays may serve as guidance for assessing current coal market outcomes as well as expected market outcomes in the near to medium-term future. Chapter 5 has a forward-looking focus and builds a bridge between explaining recent market outcomes and projecting long-term market equilibria. Chapter 2, Strategic Behaviour in International Metallurgical Coal Markets, deals with market conduct of large exporters in the market of coals used in steel-making in the period 2008 to 2010. In this essay I analyse whether prices and trade-flows in the international market for metallurgical coals were subject to non-competitive conduct in the period 2008 to 2010. To do so, I develop mathematical programming models - a Stackelberg model, two varieties of a Cournot model, and a perfect competition model - for computing spatial equilibria in international resource markets. Results are analysed with various statistical measures to assess the prediction accuracy of the models. The results show that real market equilibria cannot be reproduced with a competitive model. However, real market outcomes can be accurately simulated with the non-competitive models, suggesting that market equilibria in the international metallurgical coal trade were subject to the strategic behaviour of coal exporters. Chapter 3 and chapter 4 deal with market power issues in the steam coal trade in the period 2006 to 2008. Steam coals are typically used to produce steam either for electricity generation or for heating purposes. In Chapter 3 we analyse market behaviour of key exporting countries in the steam coal trade. This chapter features the essay Market Structure Scenarios in

Modelling and analysis of global coal markets

Energy Technology Data Exchange (ETDEWEB)

Trueby, Johannes

2013-01-17

The thesis comprises four interrelated essays featuring modelling and analysis of coal markets. Each of the four essays has a dedicated chapter in this thesis. Chapters 2 to 4 have, from a topical perspective, a backward-looking focus and deal with explaining recent market outcomes in the international coal trade. The findings of those essays may serve as guidance for assessing current coal market outcomes as well as expected market outcomes in the near to medium-term future. Chapter 5 has a forward-looking focus and builds a bridge between explaining recent market outcomes and projecting long-term market equilibria. Chapter 2, Strategic Behaviour in International Metallurgical Coal Markets, deals with market conduct of large exporters in the market of coals used in steel-making in the period 2008 to 2010. In this essay I analyse whether prices and trade-flows in the international market for metallurgical coals were subject to non-competitive conduct in the period 2008 to 2010. To do so, I develop mathematical programming models - a Stackelberg model, two varieties of a Cournot model, and a perfect competition model - for computing spatial equilibria in international resource markets. Results are analysed with various statistical measures to assess the prediction accuracy of the models. The results show that real market equilibria cannot be reproduced with a competitive model. However, real market outcomes can be accurately simulated with the non-competitive models, suggesting that market equilibria in the international metallurgical coal trade were subject to the strategic behaviour of coal exporters. Chapter 3 and chapter 4 deal with market power issues in the steam coal trade in the period 2006 to 2008. Steam coals are typically used to produce steam either for electricity generation or for heating purposes. In Chapter 3 we analyse market behaviour of key exporting countries in the steam coal trade. This chapter features the essay Market Structure Scenarios in

Strategic marketing applications of conjoint analysis: an HMO perspective.

Science.gov (United States)

Rosko, M D; DeVita, M; McKenna, W F; Walker, L R

1985-01-01

The purpose of this article is to demonstrate how data from a conjoint analysis study can be used to help determine the most appropriate marketing mix for an operational HMO which is entering a new market--the geriatric population. Included are two features which are absent in previous articles on health care applications of conjoint analysis: external validation of results, and a demonstration of how conjoint analysis can be used to simulate market responses to changes in the provider's marketing mix.

Electricity and gas market observatory. 2. quarter 2007

International Nuclear Information System (INIS)

2007-01-01

Since July 1, 2004, all electricity and gas consumers can be eligible according to their consumption site, as long as all or part of the electricity or gas consumed is designed for non-residential use. The purpose of the observatory is to provide the general public with indicators for monitoring market deregulation. It both covers the wholesale and retail electricity and gas markets in Metropolitan France. This observatory is updated every three months and data are available on CRE web-site (www.cre.fr). It presents: The electricity market; The retail electricity market: Non-residential customer segments and their respective weights, Status at July 1, 2007, Dynamic analysis: 2. Quarter 2007; The wholesale electricity market: Wholesale market activity in France, Prices on the French wholesale market and European comparison, Import and export volumes, Concentration of the French electricity market, Striking facts of the second quarter 2007; The gas market; The retail gas market: The non-residential customer segments and their respective weights, Status at July 1. 2007; The wholesale gas market: Gas pricing and gas markets in Europe,The wholesale market in France. Some glossaries are attached to the document: Electricity and gas market observatories combined glossary; Specific electricity market observatory glossary; Specific gas market observatory glossary

Electricity and gas market observatory. 2. quarter 2007

Energy Technology Data Exchange (ETDEWEB)

NONE

2007-07-01

Since July 1, 2004, all electricity and gas consumers can be eligible according to their consumption site, as long as all or part of the electricity or gas consumed is designed for non-residential use. The purpose of the observatory is to provide the general public with indicators for monitoring market deregulation. It both covers the wholesale and retail electricity and gas markets in Metropolitan France. This observatory is updated every three months and data are available on CRE web-site (www.cre.fr). It presents: The electricity market; The retail electricity market: Non-residential customer segments and their respective weights, Status at July 1, 2007, Dynamic analysis: 2. Quarter 2007; The wholesale electricity market: Wholesale market activity in France, Prices on the French wholesale market and European comparison, Import and export volumes, Concentration of the French electricity market, Striking facts of the second quarter 2007; The gas market; The retail gas market: The non-residential customer segments and their respective weights, Status at July 1. 2007; The wholesale gas market: Gas pricing and gas markets in Europe,The wholesale market in France. Some glossaries are attached to the document: Electricity and gas market observatories combined glossary; Specific electricity market observatory glossary; Specific gas market observatory glossary.

THE RELEVANT TEMPORAL MARKET DEFINITION IN ANTITRUST ANALYSIS

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Anzhelika Gerasymenko

2018-01-01

Full Text Available The purpose of the paper is to compare various theoretical approaches to the relevant temporal market definition, collecting the arguments for their implementation under the different kinds of antitrust cases. It is vital for the markets with peak demand (transport, electricity, markets of intergenerational products or discreet supply (agriculture. Methodology. The survey is based on the theoretical and graphical modelling of product space perception by consumers. It investigates changes of the latter under different marketing strategies of a seller. Statistical methods are used to analyse trends of demand and prices for iPhones’ changes, as well as dynamics of electricity consumption. Results. The paper reveals two facing approaches to the definition of relevant temporal market: 1 the discrete one that provides a short-run analysis of products’ substitutability and combines only those time periods that are characterized by a stable balance of demand and supply, as well as stable market equilibrium; 2 the coherent one that provides a long-run analysis of cyclical variation of the market. This cycling is based on the awareness of consumers and producers of intertemporal substitutability of products. The authors use the model of intertemporal competition to explain principles of these approaches and apply it to the iPhone market analysis. They conclude that the coherent approach must be applied to the temporal market definition for the products with elastic demand. Inelastic demand brings the necessity to apply the discrete approach to the temporal market definition. These conclusions cannot be applied to regulated markets. The system of government regulation is the main determinant of the temporal boundaries of such markets. Practical implications. The results of this research can be used by competition agencies in antitrust cases to define the relevant temporal market, where the violations of antitrust legislation can occur. The correct

Marketing analysis of a maternity service by a consumer.

Science.gov (United States)

Crowley-Murphy, M

1996-07-01

Marketing analysis is a means of identifying consumer satisfaction, thus providing a means of exploiting weaknesses in competitors. As part of a graduate midwifery programme a small study was undertaken analysing marketing activities used by one competitor provider of maternity care services. The Marketing mix, Ansoff matrix and Gap analysis were the marketing tools used. Recommendations to midwifery service providers suggest using market research to identify consumer expectations and explore areas of both satisfaction and dissatisfaction.

European gas markets and Russian LNG. Prospects for the development of European gas markets and model simulations of possible new LNG supplies from year 2000

Energy Technology Data Exchange (ETDEWEB)

Eldegard, Tom [Foundation for Research in Economics and Business Administration, Bergen (Norway)

1996-07-01

The study aims at clarifying the framework for possible LNG exports from Northern Russia and focuses on the European natural gas markets. The first stage provides general background information on the market structure and related topics. In the second stage this information is used to develop a formal market model and subject it to simulations with various assumptions of the future gas supply. The model is described and results from simulations are given. In the first stage facts from the history of the European natural gas market are outlined. Underlying conditions for the development of natural gas markets in Europe are addressed. The EU has been promoting trade liberalisation in the energy sector but most counties resist freer gas trade across the boarders. New infrastructure development for natural gas are either underway or planned. Some important projects are mentioned. Gas in a global perspective is discussed. The cost structure of the LNG chain is mentioned and an overview of existing LNG export capacities world-wide and major reception terminals in Europe and the USA is given. The second stage employs a scenario analysis to evaluate the economic effects of hypothetical LNG deliveries from Northern Russia. The model is developed for the analysis of West European natural gas markets and designed to allow users to create a structural system of interconnected producers and market regions. Basic assumptions for the evolution of natural gas markets till 2005 is developed and base case scenarios calculated for the years 2000 and 2005 and used as a point of reference for the alternative scenarios considered. According to the analysis the introduction of a new LNG supplier in the European gas market will inflict a substantial loss upon all the existing producers. The primary keys to this result are the assumptions made for gas demand and supply capacity. The LNG alternative will hardly be approved for purely economic reasons as long as the Russians maintain

European gas markets and Russian LNG. Prospects for the development of European gas markets and model simulations of possible new LNG supplies from year 2000

International Nuclear Information System (INIS)

Eldegard, Tom

1996-01-01

The study aims at clarifying the framework for possible LNG exports from Northern Russia and focuses on the European natural gas markets. The first stage provides general background information on the market structure and related topics. In the second stage this information is used to develop a formal market model and subject it to simulations with various assumptions of the future gas supply. The model is described and results from simulations are given. In the first stage facts from the history of the European natural gas market are outlined. Underlying conditions for the development of natural gas markets in Europe are addressed. The EU has been promoting trade liberalisation in the energy sector but most counties resist freer gas trade across the boarders. New infrastructure development for natural gas are either underway or planned. Some important projects are mentioned. Gas in a global perspective is discussed. The cost structure of the LNG chain is mentioned and an overview of existing LNG export capacities world-wide and major reception terminals in Europe and the USA is given. The second stage employs a scenario analysis to evaluate the economic effects of hypothetical LNG deliveries from Northern Russia. The model is developed for the analysis of West European natural gas markets and designed to allow users to create a structural system of interconnected producers and market regions. Basic assumptions for the evolution of natural gas markets till 2005 is developed and base case scenarios calculated for the years 2000 and 2005 and used as a point of reference for the alternative scenarios considered. According to the analysis the introduction of a new LNG supplier in the European gas market will inflict a substantial loss upon all the existing producers. The primary keys to this result are the assumptions made for gas demand and supply capacity. The LNG alternative will hardly be approved for purely economic reasons as long as the Russians maintain

International coal trade: the evolution of a global market

International Nuclear Information System (INIS)

1998-01-01

The international coal market has developed over the last 25 years to a mature stable market, largely free of government involvement. It is evident, however, that while the coal market is considered widely to be reliable and mature, there is only limited understanding of the way in which the market operates. Understanding energy market mechanisms is fundamental to encourage confidence in the continuing performance of liberalized markets. This publication seeks to address this need by providing a brief descriptive analysis of the operation of the coal market. The report draws attention to the considerable changes that have been experienced to date in the market, where freely operating market mechanisms have coped well. Further change is on the horizon. Coal demand in Europe is stagnating while growing rapidly in Asia. The once-dominant European market remains the region where price is formed but the Asian market is growing rapidly and becoming more flexible. Increasing competition for market share, low margins, and pressure on utilities to reduce costs as electricity markets are liberalized, will continue to stimulate productivity improvement and may lead to innovations in marketing to cope with stable real prices, high transport, and transaction costs

FDI and Economic Growth in Central and Eastern Europe

Directory of Open Access Journals (Sweden)

Gheorghe H. Popescu

2014-11-01

Full Text Available This paper discusses the major trends in scholarship about the role of FDI and exports on economic growth, the effect of tax policies on FDI, the formation of the economic catch up of the Central and Eastern Europe (CEE region and the determinants of FDI inflows in CEE nations. I am specifically interested in how previous research investigated the influence of FDI on host country economic growth, the inward FDI stock as a percentage of GDP, the features and restrictions of fiscal schemes in CEE economies and the institutional soundness displayed in policies towards FDI. The analysis presented in this paper contributes to research on FDI as a mechanism in the transition to the market, the dissimilarities in the FDI-assisted development methods among the CEE nations, the impact of FDI inflows for productivity convergence in CEE and the current slowing of growth in emerging Europe.

Trends of shipping markets development

Directory of Open Access Journals (Sweden)

Tomasz Nowosielski

2012-06-01

Full Text Available Shipping markets are dependent on international trade transactions that generate transport needs. These needs can dynamically change depending on global natural resources and commodity markets situation. The changes affecting shipping markets can also be caused by changes to the existing cargo flows and by establishing new ones in different geographies. It is anticipated that in the future shipping markets will change, visible by a decline in shipping in North America and Europe and an increase in Asia.

World Energy Scenarios to 2050: the Europe Region

International Nuclear Information System (INIS)

Weeda, E.

2006-01-01

The topic of this paper is an overview of the Energy Policy Scenarios to 2050 study objectives, with emphasis on The Report for the Europe Region. The study is focused on achievement of the 3A's global energy goal (Accessibility, Availability, and Acceptability) by using various policy scenarios. The heart of the study will therefore be Policy Scenarios postulated within the context of two dimensions of government policy uncertainty. One with the dimension indicating whether the world is heading towards increased globalism and co-operation between governments and/or business and industry, or more towards bilateralism and nationalism outside global governance institutions. As outcomes, there is particularly described each of the four predicted scenarios: L'Europe des Patries, Fortress Europe, Confident Europe and Trailer Europe considering five main common indicators: political context, energy security, market forces/competition, environment/climate change, and energy mix/energy technology.(author)

MARKETING MIX: AN ATTEMPT AT CRITICAL ANALYSIS

OpenAIRE

Kotliarov I.D.

2012-01-01

The present paper contains an analysis of main directions of evolution of marketing mix concept. Typical problems of each approach are demonstrated. Classical form of marketing mix (4Ps) is recommended as the basic form of marketing mix, which, however, may be adapted to specific characteristics of the firm and its industry

Independents in European Gas Markets after liberalisation - downstream integration of upstream oil and gas companies

International Nuclear Information System (INIS)

Eikeland, Per Ove

2005-01-01

A central objective of gas market liberalisation in Europe in the 1990s was to increase competition by opening end-use markets for independent suppliers. Upstream oil and gas companies in Europe reacted to this opportunity by announcing strategies to integrate forward in European gas markets. By late 2004, however, upstream companies still recorded generally weak downstream strategy implementation in Europe. The article concludes that this general implementation gap should be explained by political failure in EU member states to abolish gas market barriers to entry for independents. Variation between companies in degree of implementation should be explained by variation in conditions in the companies' home markets / wider business spheres and internal company factors. (Author)

Das EU-Projekt MOPEM – europaweite Nutzung elektronischer Lernpfade in der Marketing-Weiterbildung

OpenAIRE

Scholl, Margit; Tippe, Ulrike

2008-01-01

Im Projekt »Marketing 0nline – Path to Enter New Markets« wollen sieben Partnereinrichtungen aus fünf Ländern der defizitären europäischen Online- Ausbildung im Bereich des fortgeschrittenen Marketings begegnen. Die Lernkurse zum fortgeschrittenen Marketing für Europäische Märkte sollen anhand von Fallstudien praxisorientiert die kulturellen Unterschiede berücksichtigen, modulartig separierbar und wiederverwendbar sowie unabhängig vom konkreten Bildungssystem aufgebaut sein, sodass sie bei be...

Liberalising the European natural gas market

International Nuclear Information System (INIS)

Mulder, M.

2002-01-01

Europe's natural gas market is changing radically. The several national markets dominated by monopolistic suppliers are integrating into one European market in which production and trade are subject to competition, while transport through the networks will be unbundled and placed under regulatory influence. What will be the consequences of these changes on natural gas prices, supply security and the environment?

Do Less Regulated Markets Attract Lower Quality Firms?

DEFF Research Database (Denmark)

Nielsson, Ulf

2013-01-01

The paper examines whether the moderately regulated London AIM market is at a disadvantage in attracting high quality firms. The results show that firms listed on AIM are of the same quality level as firms listed in the US and in Continental Europe, albeit smaller in size. Furthermore, the delist......The paper examines whether the moderately regulated London AIM market is at a disadvantage in attracting high quality firms. The results show that firms listed on AIM are of the same quality level as firms listed in the US and in Continental Europe, albeit smaller in size. Furthermore...... equivalent to firms listing in more regulated markets...

Analysis of Marketing communication of Diesel company

OpenAIRE

Zvadová, Zuzana

2010-01-01

The main objective of this work is to highlight the specifics of marketing communications in the fashion industry on an example of a particular company, an Italian company Diesel. Theoretical knowledge of fashion marketing, management of fashion companies and the characteristics of the fashion market are applied to the brand Diesel. Marketing Communication is subject of analysis of individual campaigns and then summarized the common characteristics of the whole communication. Common features ...

The Trading Potential of Eastern Europe

OpenAIRE

Wang, Zhen Kun; Winters, L. Alan

1991-01-01

This paper fits a gravity model to the trade of 76 market economies. It then applies the model to data on East European economies to estimate what their trading potential might have been, had behaved like market economies in the mid-1980s. At existing levels of national income, the liberalization of Eastern Europe and the Soviet Union is unlikely to affect their mutual trade and trade with developing countries, but it will increase trade with industrial counties by factors of three to thirty....

The Italian LPG market

International Nuclear Information System (INIS)

Anon.

1998-01-01

As happened in other European countries, the Italian LPG consumption market narrowed in 1997 for climatic reasons. Still, with some 3,5 million tones it is the first LPG market in Europe thanks to automotive LPG which represents some 1,2 million tones, for 1,4 million tones for the bulk and 760, 000 tonnes for bottled products. Another characteristic of the Italian market: demand is slightly lowering in the North while increasing in the South and in the large islands. (author)

Critical analysis of marketing in Croatian publishing

Directory of Open Access Journals (Sweden)

Silvija Gašparić

2018-03-01

Full Text Available Marketing is an inevitable part of today's modern lifestyle. The role that marketing plays is so big that it has become the most important part of business. Due to crisis that is still affecting publishers in Croatia, this paper emphasizes the power of advertising as a key ingredient in how to overcome this situation and upgrade the system of publishing in Croatia. The framework of the paper is based on marketing as a tool that leads to popularization of books and sales increase. Beside the experimental part which gives an insight into public's opinion about books, publishing and marketing, the first chapter gives the literature review and analysis conducted on the whole process of book publishing in Croatia with pointing out mistakes that Croatian publishers make. Also, benefits of foreign publishing will be mentioned and used for comparison and projection on to the problems of the native market. The aim of this analysis and this viewpoint paper is to contribute the comprehension of marketing strategies and activities and its use and gains in Croatian publishing.

An Analysis of Europe within Adult Education Literature

Science.gov (United States)

Yelich Biniecki, Susan M.

2016-01-01

This literature review analyzes how Europe is situated within adult education literature from 2005 to present. Europe as a place and an idea influences and is influenced by adult education as well as historical and current events. The conceptualization of Europe within the dynamic field of international adult education is a necessary realm of…

La construction incomplète du marché européen des OGM

Directory of Open Access Journals (Sweden)

Hommel Thierry

2007-03-01

Full Text Available Based on a comparison of US and European legislation, this article analyses how the fact of taking into account scientific observations and potential uncertainties modifies both institutional frameworks and the possibilities of creating a market for goods – in this case, genetically-modified seeds. In Europe the conditions for the creation of a transgenic seed market, as defined by the ‘property rights school’, are not met. The article shows that the differences in dissemination between Europe and the US stem from the way in which these goods are characterized in the respective regulations. Whereas in the US GMOs are still not a category in its own right and do not require the creation of a specific market, in Europe the fact of considering them as innovative goods with uncertain characteristics complicates the definition of property rights concerning them. The situation may nevertheless evolve in the US and move closer to the European model.

Pharmacogenetics in Europe: barriers and opportunities.

Science.gov (United States)

Gurwitz, D; Zika, E; Hopkins, M M; Gaisser, S; Ibarreta, D

2009-01-01

This paper reviews the current situation in the field of pharmacogenetics/pharmacogenomics (PGx) in Europe. High expectations surrounding the clinical application of PGx remain largely unmet, as only a limited number of such applications have actually reached the market and clinical practice. Thus, the potential impact of PGx-based diagnostics on healthcare and its socio-economic implications are still unclear. With the aim of shedding some light on these uncertainties, the Institute for Prospective Technological Studies (IPTS) of the European Commission's Joint Research Centre (JRC) has conducted a review of the 'state of the art' and a further analysis on the use of pharmacogenetics diagnostics for preventing toxic drug reactions and improving drug efficacy in Europe. The paper presents highlights from the JRC-IPTS studies and discusses possibilities for improving translation of PGx research in Europe by comparing some experiences in the USA. We also illustrate the related barriers for the clinical uptake of PGx in Europe with specific case-studies. Most of the barriers identified extend beyond the European context. This reflects the global problems of scarcity of data demonstrating proven clinical validity or utility and favorable cost-effectiveness studies to support the clinical application of PGx diagnostic tests in the clinical setting. Another key barrier is the lack of incentives for the private sector to invest in the development and licensing of PGx diagnostic tests for improving the safety and efficacy of out-of-patent drugs. It therefore seems that one key aspect where policy can affect the clinical uptake of PGx is via sustaining large-scale industry-academia collaborations for developing and proving the utility of PGx diagnostics. Copyright 2009 S. Karger AG, Basel.

DIY Solar Market Analysis Webinar Series: Solar Resource and Technical

Science.gov (United States)

Series: Solar Resource and Technical Potential DIY Solar Market Analysis Webinar Series: Solar Resource and Technical Potential Wednesday, June 11, 2014 As part of a Do-It-Yourself Solar Market Analysis Potential | State, Local, and Tribal Governments | NREL DIY Solar Market Analysis Webinar

Real Estate Appraisal in Central-Eastern Europe: Comparative Analysis of Poland and Slovakia

Directory of Open Access Journals (Sweden)

Adamuscin Andrej

2017-12-01

Full Text Available The countries in Central-Eastern Europe have been subjected to dynamic economic changes. Researchers from Poland and Slovakia study the history of the creation of and rules by which the real estate appraiser’s profession functions. They also present the methodological basics for property appraisals. The original value of this article is a comparative analysis depicting the similarities and differences occurring in the research area, in two countries from the same region of Europe. The analysis may also influence the methodological discussions of specialists concerning the correctness and purpose of certain approaches, methods or techniques of property appraisal.

Prevalence and incidence of Alzheimer's disease in Europe: A meta-analysis.

Science.gov (United States)

Niu, H; Álvarez-Álvarez, I; Guillén-Grima, F; Aguinaga-Ontoso, I

2017-10-01

A disease of unknown aetiology, Alzheimer's disease (AD) is the most common type of dementia. As the elderly population grows worldwide, the number of patients with AD also increases rapidly. The aim of this meta-analysis is to evaluate the prevalence and incidence of AD in Europe. We conducted a literature search on Medline, Scopus, and CINAHL Complete using the keywords «Alzheimer», «Alzheimer's disease», and «AD» combined with «prevalence», «incidence», and «epidemiology». A Bayesian random effects model with 95% credible intervals was used. The I 2 statistic was applied to assess heterogeneity. The prevalence of Alzheimer's disease in Europe was estimated at 5.05% (95% CI, 4.73-5.39). The prevalence in men was 3.31% (95% CI, 2.85-3.80) and in women, 7.13% (95% CI, 6.56-7.72), and increased with age. The incidence of Alzheimer's disease in Europe was 11.08 per 1000 person-years (95% CI, 10.30-11.89). Broken down by sex, it was 7.02 per 1000 person-years (95% CI, 6.06-8.05) in men and 13.25 per 1000 person-years (95% CI, 12.05-14.51) in women; again these rates increased with age. The results of our meta-analysis allow a better grasp of the impact of this disease in Europe. Copyright © 2016 Sociedad Española de Neurología. Publicado por Elsevier España, S.L.U. All rights reserved.

Natural gas transits and market power. The case of Turkey

Energy Technology Data Exchange (ETDEWEB)

Weiser, Florian; Schulte, Simon

2017-08-15

Turkey is a key country in order to realize the Southern Gas Corridor (SGC) due to its geographical location. However, as the main transit country within the SGC, Turkey could potentially exert market power with gas transits. Whether Turkey exerts market power or not, is crucial for an economic assessment of the SGC. Hence, the article investigates this issue quantitatively using a global partial equilibrium gas market model. An oligopolistic and a competitive supply structure in Europe in 2030 are considered in the model. If the European gas market in 2030 is characterized by an oligopolistic supply, Turkey is able to exert market power resulting in higher prices compared to competitive transits, in particular in South Eastern Europe. In a competitive market structure, however, the importance of the SGC and thus the potential of Turkish transit market power is limited.

Natural gas transits and market power. The case of Turkey

International Nuclear Information System (INIS)

Weiser, Florian; Schulte, Simon

2017-01-01

Turkey is a key country in order to realize the Southern Gas Corridor (SGC) due to its geographical location. However, as the main transit country within the SGC, Turkey could potentially exert market power with gas transits. Whether Turkey exerts market power or not, is crucial for an economic assessment of the SGC. Hence, the article investigates this issue quantitatively using a global partial equilibrium gas market model. An oligopolistic and a competitive supply structure in Europe in 2030 are considered in the model. If the European gas market in 2030 is characterized by an oligopolistic supply, Turkey is able to exert market power resulting in higher prices compared to competitive transits, in particular in South Eastern Europe. In a competitive market structure, however, the importance of the SGC and thus the potential of Turkish transit market power is limited.

Cannabis in Europe: Dynamics in perception, policy and markets

NARCIS (Netherlands)

Korf, D.J.

2008-01-01

After its re-introduction in the 1960s, cannabis has become the most widely used illicit drug in Europe. Along with the spread of cannabis use, its social meaning has changed over time. Today old paradigms are having renewed appeal, in particular on the subject of cannabis and schizophrenia.

Agglomeration effects in the labour market: an empirical analysis for Italy

Directory of Open Access Journals (Sweden)

Marusca De Castris

2013-05-01

Full Text Available Extensive and persistent geographic variability of the unemployment rate within the same region has been attributed to various causes. Some theories identify the “thickness” of markets as the source of positive externalities affecting labour market by improving the ability to match the skills requested by firms with those offered by workers. A recent paper by Gan and Zhang (2006 empirically confirms this hypothesis for the US labour markets. Agglomeration can be defined as aggregation of people, basically measured by city size, or as aggregation of firms, measured by cluster size (employment or number of plants. However, the population location and the industrial location are by far more similar in United States than in Europe and in Italy. Our paper aims to evaluate the effects of agglomeration on the local unemployment rate. The new methodological contribution of the study is the identification of both urban and industrial cluster agglomeration effects, using a wide set of control variables. Adjusting the system for the effects of sectorial and size shocks, as well as those relating to geographic structure and policy interventions, the results of our analysis differ from that for the United States. The study stresses the presence of negative and significant urbanisation externalities. We obtain, instead, positive effects concerning the geographic agglomeration of firms, and their thickness, in a specific area. Furthermore, positive and significant effects can be found in local systems with features of a district. Finally, the model distinguishes the negative effects of urban agglomerations (in terms of population density from positive firm’s agglomerations (in terms of density of local units.

Landfill gas for energy utilisation. A market strategy for Europe

International Nuclear Information System (INIS)

1995-05-01

The Biogas and Landfill Gas Marketing Strategy Group was set up with the objective to advise EU-DG 17 (THERMIE/OPET) on the dissemination strategies for biogas and landfill gas (LFG), a subsector of the Renewable Energy Sector (RES). The Marketing Strategy Group has identified market barriers and users' needs in the biogas and LFG subsector. Subsequently, the group evaluated successful instruments/methods to overcome these market barriers and to satisfy the users' needs. The group investigated the feasibility of transposing these instruments/success stories to other countries. The work of the Marketing Strategy Group resulted in proposals for future dissemination of biogas and LFG technology. After a short introduction into LFG technology and the LFG market, this document describes barriers to landfill gas technology dissemination and gives some examples about how to overcome them. This results in recommendations on a strategy for dissemination of LFG technology and expanding LFG markets. The document is mainly based on experience gained in the United Kingdom, Italy and the Netherlands

Comparative analysis of wholesale and retail frozen fish marketing ...

African Journals Online (AJOL)

Comparative analysis of wholesale and retail frozen fish marketing in Port Harcourt Metropolis, Rivers State, Nigeria. ... from each market giving 30 retail marketers and 30 wholesale marketers. ... EMAIL FULL TEXT EMAIL FULL TEXT

Germany's nuclear power plant closures and the integration of electricity markets in Europe

International Nuclear Information System (INIS)

Menezes, Lilian M. de; Houllier, Melanie A.

2015-01-01

This paper examines the potential implications of national policies that lead to a sudden increase of wind power in the electricity mix for interconnected European electricity markets. More specifically, it examines market integration before and after the closures of eight nuclear power plants that occurred within a period of a few months in Germany during 2011. The short- and- long run interrelationships of daily electricity spot prices, from November 2009 to October 2012, in: APX-ENDEX, BELPEX, EPEX-DE, EPEX-FR, NORDPOOL, OMEL and SWISSIX; and wind power in the German system are analysed. Two MGARCH (Multivariate Generalized Autoregressive Conditional Heteroscedasticity) models with dynamic correlations are used to assess spot market behaviour in the short run, and a fractional cointegration analysis is conducted to investigate changes in the long-run behaviour of electricity spot prices. Results show: positive time-varying correlations between spot prices in markets with substantial shared interconnector capacity; a negative association between wind power penetration in Germany and electricity spot prices in the German and neighbouring markets; and, for most markets, a decreasing speed in mean reversion. -- Highlights: •Associations between spot prices and wind power are time-varying. •Greater spot price and volatility associations across markets are observed. •In the long run, the German market is less integrated with neighbouring markets. •Policies on a local electricity mix can affect spot prices in connected markets

Content Analysis of Assessment Data in Marketing Education

Science.gov (United States)

Vowles, Nicole; Hutto, Alexandra; Miller, Peter Max M.

2017-01-01

This study analyzes a sample of students' writing to assess their understanding of marketing concepts in the context of a Principles of Marketing course. Content analysis of pre- and post-essays was used to assess student knowledge of marketing concepts. The data was collected in Principles of Marketing classes. and highlight that many students…

Transnational tobacco company interests in smokeless tobacco in Europe: analysis of internal industry documents and contemporary industry materials.

Directory of Open Access Journals (Sweden)

Silvy Peeters

Full Text Available European Union (EU legislation bans the sale of snus, a smokeless tobacco (SLT which is considerably less harmful than smoking, in all EU countries other than Sweden. To inform the current review of this legislation, this paper aims to explore transnational tobacco company (TTC interests in SLT and pure nicotine in Europe from the 1970s to the present, comparing them with TTCs' public claims of support for harm reduction.Internal tobacco industry documents (in total 416 documents dating from 1971 to 2009, obtained via searching the online Legacy Tobacco Documents Library, were analysed using a hermeneutic approach. This library comprises documents obtained via litigation in the US and does not include documents from Imperial Tobacco, Japan Tobacco International, or Swedish Match. To help overcome this limitation and provide more recent data, we triangulated our documentary findings with contemporary documentation including TTC investor presentations. The analysis demonstrates that British American Tobacco explored SLT opportunities in Europe from 1971 driven by regulatory threats and health concerns, both likely to impact cigarette sales negatively, and the potential to create a new form of tobacco use among those no longer interested in taking up smoking. Young people were a key target. TTCs did not, however, make SLT investments until 2002, a time when EU cigarette volumes started declining, smoke-free legislation was being introduced, and public health became interested in harm reduction. All TTCs have now invested in snus (and recently in pure nicotine, yet both early and recent snus test markets appear to have failed, and little evidence was found in TTCs' corporate materials that snus is central to their business strategy.There is clear evidence that BAT's early interest in introducing SLT in Europe was based on the potential for creating an alternative form of tobacco use in light of declining cigarette sales and social restrictions on

Transnational tobacco company interests in smokeless tobacco in Europe: analysis of internal industry documents and contemporary industry materials.

Science.gov (United States)

Peeters, Silvy; Gilmore, Anna B

2013-01-01

European Union (EU) legislation bans the sale of snus, a smokeless tobacco (SLT) which is considerably less harmful than smoking, in all EU countries other than Sweden. To inform the current review of this legislation, this paper aims to explore transnational tobacco company (TTC) interests in SLT and pure nicotine in Europe from the 1970s to the present, comparing them with TTCs' public claims of support for harm reduction. Internal tobacco industry documents (in total 416 documents dating from 1971 to 2009), obtained via searching the online Legacy Tobacco Documents Library, were analysed using a hermeneutic approach. This library comprises documents obtained via litigation in the US and does not include documents from Imperial Tobacco, Japan Tobacco International, or Swedish Match. To help overcome this limitation and provide more recent data, we triangulated our documentary findings with contemporary documentation including TTC investor presentations. The analysis demonstrates that British American Tobacco explored SLT opportunities in Europe from 1971 driven by regulatory threats and health concerns, both likely to impact cigarette sales negatively, and the potential to create a new form of tobacco use among those no longer interested in taking up smoking. Young people were a key target. TTCs did not, however, make SLT investments until 2002, a time when EU cigarette volumes started declining, smoke-free legislation was being introduced, and public health became interested in harm reduction. All TTCs have now invested in snus (and recently in pure nicotine), yet both early and recent snus test markets appear to have failed, and little evidence was found in TTCs' corporate materials that snus is central to their business strategy. There is clear evidence that BAT's early interest in introducing SLT in Europe was based on the potential for creating an alternative form of tobacco use in light of declining cigarette sales and social restrictions on smoking, with

Small rural hospitals: an example of market segmentation analysis.

Science.gov (United States)

Mainous, A G; Shelby, R L

1991-01-01

In recent years, market segmentation analysis has shown increased popularity among health care marketers, although marketers tend to focus upon hospitals as sellers. The present analysis suggests that there is merit to viewing hospitals as a market of consumers. Employing a random sample of 741 small rural hospitals, the present investigation sought to determine, through the use of segmentation analysis, the variables associated with hospital success (occupancy). The results of a discriminant analysis yielded a model which classifies hospitals with a high degree of predictive accuracy. Successful hospitals have more beds and employees, and are generally larger and have more resources. However, there was no significant relationship between organizational success and number of services offered by the institution.

A review of international green power markets: recent experience, trends, and market drivers

International Nuclear Information System (INIS)

Bird, L.; Aabakken, J.; Wuestenhagen, R.

2002-01-01

Green power marketing-the act of differentially selling electricity generated wholly or in part from renewable sources - has emerged in more than a dozen countries around the world. Almost two million customers worldwide buy green power today. This paper reviews green power marketing activity in Australia, Canada, Japan, the US, and in a number of countries in Europe to gain an understanding of consumer demand for electricity generated from renewable sources. It also examines key factors that influence market penetration of green power products, such as product designs, pricing, incentives, marketing strategies, policies, and product certification.(author)

INTERNATIONALIZATION PLANNING : The German market analysis for Alkuvoima East Ltd.

OpenAIRE

Klimchuk, Sviatoslav

2013-01-01

The study is focused on estimating the potential of the digital marketing market in Germany, and formulating the recommendations for the small-sized Bulgarian-Finnish digital marketing agency Alkuvioma East Ltd. in respect of the company’s potential entry in the German market. The primary aim of the research is a comprehensive analysis of the market that covers the study of the market size, demand, competitors and customers. The company itself is also subjected to the analysis with partic...

Analysis of markets for biofuels - Theme: Vehicle gas market; Analys av marknaderna foer biodrivmedel - Tema: Fordonsgasmarknaden

Energy Technology Data Exchange (ETDEWEB)

NONE

2013-07-01

In 2011 the Energy Agency was given an annual mission, which involved analyzing the current and future markets for ethanol and bio diesel. The mission resulted in a report that did a thorough analysis of price and market mechanisms in the Swedish and international market. This year's report aims to provide a situation analysis of the markets for ethanol and bio diesel, both first and second generation, with additional focus on certain market issues. This time, the Agency has also been asked to consider the market for vehicle gas, something that was not part of the original mandate from 2011. Regarding ethanol and bio diesel so have indentations made primarily on European protection duties.

Storage in Europe

International Nuclear Information System (INIS)

Cabanes, J.M.; Rottenberg, J.; Abiad, A.; Caudron, S.; Girault, Ph.

2007-01-01

Storage represents one of the key elements among the different modulation tools. How the problem of storage is put forward in Europe in front of the increasing uncertainty of the gas demand and prices? What are the policies implemented by storage facility operators? To what extend storage can amortize gas prices volatility or allow the market actors to take the best profit of this volatility? These are the questions debated at this workshop by four specialists of this domain. (J.S.)

Perspectives for long-term competition in the central European electricity market

International Nuclear Information System (INIS)

Haas, Reinhard

2005-01-01

In this paper we focus on the Central European electricity market and analyse whether liberalization, deregulation, and privatization are sufficient to bring about real competition. Moreover, we discuss the relevance of the following conditions to bring about real competition and to avoid market power: 1) A rigorous correct un bundling; 2) excess capacities in transmission; 3) excess capacities in generation; 4) a large number of generators and suppliers; 5) the balanced existence of short-term (e.g. spot markets) and long-term markets (e.g. bilateral contracts, forwards); 6) full liberalization; Some major findings of this analysis are: 1) Currently, demand is continuously increasing while capacities are shut down. At least in 2009 demand will have caught up with generation capacities. This could lead to severe price spikes. 2) The Central European electricity market is separated from other markets by means of limited transmission capacities; 3) With respect to effective competition in Central Europe the major problems are: i) a very small (and continuously decreasing) number of generators, and ii) a lack of serious un bundling between generation and transmission mainly in Germany; This leads to cross-subsidization of generation by the network operation and to a heavy discrimination of other and new generators; 4) Moreover, a crucial condition for active competition is a sufficiently large transmission grid. Yet, currently especially at the border to the new EU member countries transmission capacities are rather scarce and there are no signs of extensions of the grid. This also limits the access of countries with potential excess capacities like Ukraine, Bulgaria, Romania to the Central European market The major conclusion of this analysis is: All conditions investigated above must be fulfilled simultaneously to bring about a competitive electricity market in Western Europe and the extended European Union. If only one of these conditions is missing, competition

The future of hydropower in Europe: Interconnecting climate, markets and policies

International Nuclear Information System (INIS)

Gaudard, Ludovic; Romerio, Franco

2014-01-01

Highlights: • Connecting the knowledges from various domains, in particular economics, engineering, policy and hydrology. • Giving the keys to assess the linking between hydropower, climate and electricity market. • Making an overall analysis. - Abstract: Hydropower is very important for electricity supply security in the European inter-connexion as well as for the economy of regions (primarily peripheral) that possess water resources. Its future may however be jeopardized by several factors: climate change, the development of new renewable energy, the creation of super and micro-grids, and progress in power storage technology. Energy and climate policy, as well as electricity market design and dynamics play a pivotal role. This article carries out a comprehensive analysis of all these factors and discusses the future of hydropower. This discussion follows an overview of the present situation and of future drivers. The technical, environmental, economic and political aspects of the problem are analyzed with an interdisciplinary approach. The stakes as well as the uncertainties are highlighted. The conclusion is that hydropower has a promising future, particularly in light of emerging sustainable energy policy, but that the risks should not be overlooked. Academics will find a comprehensive interdisciplinary analysis of hydropower in this article, whereas public bodies, communities and hydropower companies can identify the strategic variables that should be taken into consideration in the decision making process. The end of water concessions or authorizations is also evoked

An overview of nursing in Europe: a SWOT analysis.

Science.gov (United States)

Manzano-García, Guadalupe; Ayala-Calvo, Juan-Carlos

2014-12-01

This article sets out a global analysis of the weaknesses, threats, strengths and opportunities that define the current situation of nursing in Europe. The nursing profession in Europe is suffering from a crisis of self-efficacy with the syndrome of burnout being one of its consequences. Other weaknesses include shortage of staff, job insecurity, devalued nursing image in society and the lack of recognition of emotional and psychological dimensions of care. The threats to this profession are linked to the lack of prestige and social recognition and to the current economic crisis in Europe. The European economic crisis favours staff shortages and increased European migration flow. The strength of the group lies in the art of caring, which is its defining feature. Primary Care Nursing and Hospital Liaison Nursing demonstrate the great professional adaptability in meeting the needs of the ever-changing society. The European Higher Education Area and the strengthening of the specialties provide opportunities for the nursing profession. Both represent an important progress towards solid professionalism that will give nursing greater visibility. Moreover, nursing must implement strategies to disseminate its activity and emerge from anonymity. Nursing must show society the image it wants to project. © 2014 John Wiley & Sons Ltd.

HSAPS market analysis project

Energy Technology Data Exchange (ETDEWEB)

Gloeckner, Ronny; Aaberg, Rolf Jarle

2006-12-15

The H-SAPS (Hydrogen Stand-Alone Power System) project, an EU project within the ALTENER programme in the period 2002-2004, was initiated to determine the potential for the introduction of environmentally benign hydrogen technology in what is believed to be a near-term market, namely stand-alone power systems (SAPS). The objective of the project was to examine the technological, political, social and economical factors affecting the emergence of hydrogen technology in the stand-alone power system market today and in the future. The scope of the project was limited to small and medium sized stand-alone power systems, up to a few hundred kilowatts (kW) power rating and based on renewable energy as the primary energy source. The work was divided into five phases: (1) Inception, (2) Data collection and analysis, (3) Market analysis and barrier removal, (4) Dissemination, and (5) Final report. Separate reports were written on these topics, and later summarised this final report. The H-SAPS-project identified the following critical technical barriers (in prioritized order): (1) High costs of both electrolyser and fuel cell solutions, (2) Short lifetime warranties and little lifetime experience for PEM electrolysers and PEM fuel cells, (3) Low energy efficiency of the hydrogen energy system (critical for small systems), and (4) The need to develop easy-to-use and energy efficient gas and electricity control systems. One of the main conclusions from the project is that there is a need to focus on interim solutions, based on conventional energy technologies (e.g., internal combustion engines instead of fuel cells), in order for H-SAPS to compete in the near-term SAPS-market (author) (ml)

HSAPS market analysis project

International Nuclear Information System (INIS)

Gloeckner, Ronny; Aaberg, Rolf Jarle

2006-12-01

The H-SAPS (Hydrogen Stand-Alone Power System) project, an EU project within the ALTENER programme in the period 2002-2004, was initiated to determine the potential for the introduction of environmentally benign hydrogen technology in what is believed to be a near-term market, namely stand-alone power systems (SAPS). The objective of the project was to examine the technological, political, social and economical factors affecting the emergence of hydrogen technology in the stand-alone power system market today and in the future. The scope of the project was limited to small and medium sized stand-alone power systems, up to a few hundred kilowatts (kW) power rating and based on renewable energy as the primary energy source. The work was divided into five phases: (1) Inception, (2) Data collection and analysis, (3) Market analysis and barrier removal, (4) Dissemination, and (5) Final report. Separate reports were written on these topics, and later summarised this final report. The H-SAPS-project identified the following critical technical barriers (in prioritized order): (1) High costs of both electrolyser and fuel cell solutions, (2) Short lifetime warranties and little lifetime experience for PEM electrolysers and PEM fuel cells, (3) Low energy efficiency of the hydrogen energy system (critical for small systems), and (4) The need to develop easy-to-use and energy efficient gas and electricity control systems. One of the main conclusions from the project is that there is a need to focus on interim solutions, based on conventional energy technologies (e.g., internal combustion engines instead of fuel cells), in order for H-SAPS to compete in the near-term SAPS-market (author) (ml)

Consultancy services and the urban hierarchy in Western Europe

OpenAIRE

P W Daniels; J H J Van Dinteren; M C Monnayer

1992-01-01

A cross-national survey of the relationship between the evolving organisation and structure of consultancy service enterprises and the urban hierarchy in Europe has been undertaken. Primate cities in Europe are still the preeminent foci for business services performing strong national and international control. The relationship between markets for consultancy services and the urban hierarchy is complex, but it is possible to suggest a typology of firms on the basis of client characteristics a...

Portuguese pellets market: Analysis of the production and utilization constrains

International Nuclear Information System (INIS)

Monteiro, Eliseu; Mantha, Vishveshwar; Rouboa, Abel

2012-01-01

As opposite in Portugal, the wood pellets market is booming in Europe. In this work, possible reasons for this market behavior are foreseen according to the key indicators of biomass availability, costs and legal framework. Two major constrains are found in the Portuguese pellets market: the first one is the lack of an internal consumption, being the market based on exportations. The second one is the shortage of raw material mainly due to the competition with the biomass power plants. Therefore, the combination of the biomass power plants with pellet production plants seems to be the best option for the pellets production in the actual Portuguese scenario. The main constrains for pellets market has been to convince small-scale customers that pellets are a good alternative fuel, mainly due to the investment needed and the strong competition with natural gas. Besides some benefits in the acquisition of new equipment for renewable energy, they are insufficient to cover the huge discrepancy of the investment in pellets heating. However, pellets are already economic interesting for large utilizations. In order cover a large amount of households, additional public support is needed to cover the supplementary costs of the pellets heating systems. - Highlights: ► There is a lack of internal consumption being the pellets market based on exportation. ► The shortage of raw material is mainly due to the biomass power plants. ► Combining pellet plants with biomass power plants seems to be a wise solution. ► The tax benefits of renewable energy equipments are not enough to cover the higher investment. ► Pellets are already economic interesting for large utilizations in the Portuguese scenario.

Start-up analysis for marketing strategy.

Science.gov (United States)

Griffith, M J; Baloff, N

1984-01-01

The complex start-up effect on utilization of health care services is too often overlooked or underestimated by marketing planners, leading to a range of negative consequences for both the users of services and the provider organization. Start-up analysis allows accurate estimation of these utilization effects for coordinated strategic planning among marketing finance, and operations.

Interconnections and market integration in the Irish Single Electricity Market

International Nuclear Information System (INIS)

Nepal, Rabindra; Jamasb, Tooraj

2012-01-01

Interconnections can be an effective way to increase competition and improve market integration in concentrated wholesale electricity markets with limited number of participants. This paper examines the potential for interconnections and increasing market integration in the Irish Single Electricity Market (SEM). We use a time-varying Kalman filter technique to assess the degree of market integration between SEM and other large, mature and interconnected wholesale electricity markets in Europe including Great Britain (GB). The results indicate no market integration between SEM and other European markets except for Elspot and GB. We show that the current state of market integration between SEM and GB is just 17% indicating potential to improve market integration via increased interconnector capacity. The results indicate that liquidity of wholesale markets might be a crucial factor in the market integration process while our results remain inconclusive in determining whether increased trade of renewables can improve market integration. - Highlights: ► We assess the degree of market integration between SEM and other EU electricity markets. ► Our results indicate no market integration between SEM and other European markets except for Elspot and GB. ► We show that the current state of market integration between SEM and GB is just 17%.

CORPORATE GOVERNANCE AND FIRM VALUE IN EMERGING MARKETS AN EMPIRICAL ANALYSIS OF ADR ISSUING EMERGING MARKET FIRMS

Directory of Open Access Journals (Sweden)

Aysun Ficici

2012-01-01

Full Text Available This study explores the value implications of good corporate governance for a sample of 54 ADR issuing emerging market firms (EMFs from 9 countries primarily located in the regions of Asia, Eastern Europe and Latin America and the and employs recently constructed company composite corporate governance metric along with some alternative corporate governance measures associated with the origin of the issuing firm. Although the ADR literature primarily focuses on the impact of subscription to US disclosure requirements we contend that company and country specific corporate governance standards play a significant role in the risk reduction and ensuing value capture.  The fundamental inquiry in this study has the following foci: The primary focus is on the impact of corporate governance structures on firm performance as to whether adherence to standards creates market value for ADR issuing EMFs.  Do good corporate governance practices affect the value of EMFs? The secondary focus is concerned with whether the impact of corruption level and legal system in a firm’s home country affect the corporate structures of EMFs thus affecting the market value of firms.  In this study, we utilize Tobin’s q as the measure of firm performance/market value.  Our findings suggest that there is a significant correlation between corporate governance structures of ADR issuing EMFs and their market values and/or performances.  The results also indicate that the level of corruption and legal structures in home countries of EMFs strongly impact the corporate governance structures of these firms and sequentially affect their market values. Therefore, this research further contributes to the scholarly findings and suppositions that corporate structures of firms do create consequences on firm value.

Prospects for the natural gas supply in Europe

International Nuclear Information System (INIS)

Bergmann, B.

1993-01-01

An overview is given of the current significance of and future prospects for natural gas in Europe. Special attention is given to the impressive development of natural gas in the energy markets of Europe during the last 20 years, the development of demand for natural gas, the procurement situation, and political framework conditions. By virtue of the environmental and energy political dictates governing modern industrial societies, the European gas economy finds itself dealing in an excellent product whose share in the energy market will continue to grow. The decisive challenge lies in procuring additional quantities, which will largely have to come from outside the territory of the European Community. In order to succeed in this task the gas economies need an energy political framework that strengthens, and not weakens, their position in the Community. (orig./HSCH) [de

Gender analysis of the Russian labor market

OpenAIRE

Aleksandr Mikhailovich Panov

2014-01-01

The issue of gender inequality in the labor market affects all world countries to some extent. As salary is the basis of population’s sources of income in Russia, unequal pay to men and women for equal work can trigger gender discrimination in the labor market and beyond. The article focusses on the gender analysis of the Russian labor market. It focuses on conjunctural conditions of the labor market in a gender aspect, socio-economic characteristics of men and women as subjects of the labor ...

World corporate loan markets for raising new capital - does distance still matter: Are financial assets priced locally or globally?

Directory of Open Access Journals (Sweden)

Vojinovič Borut

2006-01-01

Full Text Available Though the paper focuses on pricing, as the background I provide some evidence about loan flows across markets in the form of borrowers’ and lenders’ propensity to issue outside their natural home market. The data show that borrowers stay home when they can and that they tend to issue in Europe when they must issue abroad. That is, borrowers domiciled in one of the major markets (Europe, U.S., and Asia almost always issue in that market, whereas borrowers in more remote locations usually issue in the European market. For example, borrowers from Latin America are overwhelmingly issuing in Europe rather than in the U.S. market.

Evaluation of biomethane technologies in Europe – Technical concepts under the scope of a Delphi-Survey embedded in a multi-criteria analysis

International Nuclear Information System (INIS)

Billig, Eric; Thrän, Daniela

2016-01-01

Methane from biomass is a well suited renewable energy carrier with a wide range of applications. The main technologies for its production out of biomass are biochemical conversion from the upgrading of biogas and thermochemical conversion by gasification and methanation. Presently there exists no methodology to compare the process alternatives for methane production from biomass. This paper investigates a comprehensive evaluation method based on a multi-criteria analysis. Due to the comparable well developed biomethane market in Europe, compared to other regions in the world, the study area was restricted to Europe. The weighting of the different criteria is carried out in two rounds as a pair-to-pair comparison of the criteria by experts from different technology fields in a Delphi-Survey. As a result, the prioritisation can be used to classify the biomass conversion technologies to convert biomass to biomethane. According to the weightings given by experts, the two criteria energy efficiency and production costs are of great importance compared to the other criteria. - Highlights: • Overview of technologies for renewable methane (biochemical and thermochemical). • Overview of multi-criteria analysis. • Novel methodology for comparison of biochemical and thermochemical conversion. • Delphi-Survey (approach and evaluation) in the field of biomethane resp. bio-SNG.

Market segmentation and analysis of Japan's residential post and beam construction market.

Science.gov (United States)

Joseph A. Roos; Ivan L. Eastin; Hisaaki Matsuguma

2005-01-01

A mail survey of Japanese post and beam builders was conducted to measure their level of ethnocentrism, market orientation, risk aversion, and price consciousness. The data were analyzed utilizing factor and cluster analysis. The results showed that Japanese post and beam builders can be divided into three distinct market segments: open to import...

Agent-based simulation of electricity markets : a literature review

International Nuclear Information System (INIS)

Sensfuss, F.; Genoese, M.; Genoese, M.; Most, D.

2007-01-01

The electricity sector in Europe and North America is undergoing considerable changes as a result of deregulation, issues related to climate change, and the integration of renewable resources within the electricity grid. This article reviewed agent-based simulation methods of analyzing electricity markets. The paper provided an analysis of research currently being conducted on electricity market designs and examined methods of modelling agent decisions. Methods of coupling long term and short term decisions were also reviewed. Issues related to single and multiple market analysis methods were discussed, as well as different approaches to integrating agent-based models with models of other commodities. The integration of transmission constraints within agent-based models was also discussed, and methods of measuring market efficiency were evaluated. Other topics examined in the paper included approaches to integrating investment decisions, carbon dioxide (CO 2 ) trading, and renewable support schemes. It was concluded that agent-based models serve as a test bed for the electricity sector, and will help to provide insights for future policy decisions. 74 refs., 6 figs

An analysis of Central America and Eastern Europe Revealed Comparative Advantages

Directory of Open Access Journals (Sweden)

Mauricio Garita Gutierrez

2014-03-01

Full Text Available Normal 0 false false false EN-US X-NONE X-NONE /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-priority:99; mso-style-qformat:yes; mso-style-parent:""; mso-padding-alt:0pt 5.4pt 0pt 5.4pt; mso-para-margin:0pt; mso-para-margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:11.0pt; font-family:"Calibri","sans-serif"; mso-ascii-font-family:Calibri; mso-ascii-theme-font:minor-latin; mso-fareast-font-family:"Times New Roman"; mso-fareast-theme-font:minor-fareast; mso-hansi-font-family:Calibri; mso-hansi-theme-font:minor-latin; mso-bidi-font-family:"Times New Roman"; mso-bidi-theme-font:minor-bidi;} The present study applies the revealed comparative advantages through the Balassa Index to determine the comparative advantages, disadvantages, and intra-product commerce tendencies between Central America and Eastern Europe with the purpose of determining the possibility of a free trade agreement for Central America. The approach of the study is through the connection between the European Economic Union and the Central American Common market, which shares a common background and relates them to research of Bela Balassa (1965 to determine how commerce between Central America and Eastern Europe has performed and the possibilities of growth that this commerce has through a free trade agreement. The study demonstrates the importance of analyzing competitive advantages. This paper presents the difference in competitive advantage between Eastern Europe and Central American establishing the benefits when negotiating a free trade agreement between both economic blocks. Therefore, analyzing and negotiating between products of competitive advantages may lead to a more sustainable economic growth.

The Scale and Geography of Collusion in the European Market

DEFF Research Database (Denmark)

Buch-Hansen, Hubert; Levallois, Clement

2015-01-01

Europe has a long history of cartels, but the changes in the scale and geography of collusion in the European market from the post-war decades until the present have not been systematically investigated. Using network analysis methods and an original dataset based on decisions in EU cartel cases......, this paper maps the developments in detected collusion in the European market from 1958 to 2008 and tentatively explains these developments. It appears that collusive activities increased during the 1960s and after the mid-1980s and that a long decline in the scale of collusion began in the mid-1990s...

Impacts of market liberalisation on the EU gas industry

International Nuclear Information System (INIS)

Van Oostvoorn, F.; Boots, M.G.

1999-10-01

The paper presents an analysis of tbc effects of tbc European Union (EU) Gas Directive on the EU natural gas industry in the next ten years. First, it briefly reviews the current driving factors for increasing competition in the EU gas markets. Second, the different directions of implementation of EU Gas Directive are discussed. Finally we give an assessment of impacts of the different directions of implementation of the Gas Directive, thereby focusing on structural changes of the gas industry and the scope for reduction of consumer gas prices. Note that our assessment of the impacts is partly based on an analysis of recent trends in the EU gas market and partly on calculations with a recently developed model of the EU gas market on company level. The paper summarises the main observations of a study conducted by the Netherlands Energy Research Foundation (ECN) last year in the framework of a larger scenario study for the European Committee, Directorate-General 17, in the Shared Analysis Project, 'Economic Foundations for Energy Policy in Europe to 2020' managed by FhG-ISI. For the complete results of the ECN study, see report 'Impacts of Market Liberalisation on the EU Gas Industry', September 1999, forthcoming. Note that the analysis is limited to the gas market and does not include other impacts, i.c. on energy conservation, emissions, etc. 21 refs

The battery market

International Nuclear Information System (INIS)

Deshpande, S.L.

1991-01-01

The worldwide battery market is estimated to be $21 billion annually at present. The geographical distribution of this market is shown in this paper. The American (North and South), Western Europe and Africa, and Asian and Australia represent equal markets of $6 billion each. The communist block countries (including Russia and China) are estimated to represent a $3 billion market. Automotive and consumer batteries constitute more than 80% of the world battery market. Industrial batteries make up the rest. Secondary (rechargeable) batteries (automotive, for example) have only 60% share of the world battery consumption. Primary batteries (most toy batteries that are the throw away type) exceed rechargeables by far in units. However, the larger size of rechargeable batteries makes their total value larger despite the small number of units

Penetrating the markets: biomass and commercial distribution

International Nuclear Information System (INIS)

Schmidl, J.

1999-01-01

Although biomass accounts for a significant proportion of renewable energy in Europe, its market penetration could be increased if certain barriers can be surmounted. Some of those barriers are identified and suggestions made as to how they may be overcome through improved 'distribution' in various sectors. To integrate biomass into the electricity distribution system, the commercial distribution of liquid biofuels, and in the commercial distribution of biomass in the heat sector, certain rewards and penalties could be introduced and these are discussed. The low temperature heat market is seen as very important for the further development of bioenergy in Europe. (UK)

The economic analysis of power market architectures: application to real-time market design

International Nuclear Information System (INIS)

Saguan, M.

2007-04-01

This work contributes to the economic analysis of power market architectures. A modular framework is used to separate problems of market design in different modules. The work's goal is to study real-time market design. A two-stage market equilibrium model is used to analyse the two main real-time designs: the 'market' and the 'mechanism' (with penalty). Numerical simulations show that design applied in real-time is not neutral vis-a-vis of energy markets sequence and the competition dynamic. Designs using penalty (mechanisms) cause distortions, inefficiencies and can create barriers to entry. The size of distortions is given by the temporal position of the gate that closure the forward markets. This model has also allowed us to show the key role of real-time integration between zones and the importance of good harmonization between real-time designs of each zone. (author)

Wholesale electricity markets in Europe; Mercados Mayoristas de Electricidad en Europa

Energy Technology Data Exchange (ETDEWEB)

Rios, J. L.

2010-07-01

Electricity Wholesale Markets provide efficient operation of power stations, facilitate hedging instruments for generators and retailers and deliver price signals for new investments. Despite having a common regulatory framework at European level whose last aim is a single electricity market, Wholesale markets have been unevenly developed in each Member State. The evolution form a spot-based market towards a forward-based market needs a certain level of liquidity, transparency and regulatory stability. Interconnections are the key element to promote the integration of electricity markets. To facilitate this, European Regional Initiatives have pushed regulatory harmonization between countries and market coupling projects. (Author)

Financing environmental policy in East Central Europe

NARCIS (Netherlands)

Kolk, A.; van der Weij, E.

1998-01-01

The transition in East Central Europe created a general optimism which was reflected in a belief that a solution to the environmental problems faced by these countries would be found. There were great expectations regarding the blessings of the market economy, which would diminish state-guided waste

Work Absence in Europe

OpenAIRE

Leo Bonato; Lusine Lusinyan

2004-01-01

Work absence is a part of an individual's decision concerning hours worked. This paper focuses on sickness absence in Europe and builds on an analytical framework in which absence enters both labor supply and demand considerations, with sickness insurance provisions and labor market institutions affecting the costs of absence. The results from a panel of 18 European countries indicate that absence is higher under generous insurance systems and where employers bear little responsibility for th...

Natural gas in Eastern Europe

Energy Technology Data Exchange (ETDEWEB)

Grabarczyk, Ewa; McCallum, Robert; Wergeland, Tor H

1994-12-31

The paper is based on Ewa Grabarczyk`s thesis ``The European Gas Market and the Former East Block Countries`` in the Master of International Business Programme at the Norwegian School of Economics and Business Administration. The material of Grabarczyk`s work has been split into two parts; SNF Working Papers Nos. 97/93 and 98/93. Working Paper 97/93 ``The European Gas Markets`` contains an equilibrium model of the European Gas Market employed to investigate some scenarios to the consequences of an integration of the former Soviet Union. Working Paper 98/93 ``Natural Gas in Eastern Europe`` contains descriptions of the energy sectors of former Eastern European countries and an evaluation of the potential future demand for natural gas in these nations. The paper has chapters on each country and sections on reserves, production, exports and markets, transport possibilities and technology, demand and development as well as evaluation of the present situation. 11 figs., 37 tabs., 33 refs

Personal Bankruptcy Regulations in Central and Eastern Europe

Directory of Open Access Journals (Sweden)

Roxana Hetes-Gavra

2016-01-01

Full Text Available Countries from Central and Eastern Europe are in different stages of development andimplementation of personal bankruptcy legislation. Austria has regulations comparable to those inWestern Europe, while the Czech Republic and Poland have recently developed regulationsregarding the bankruptcy of individuals. The solutions identified in countries that have followed asimilar path, namely the abandonment of a centrally planned economy and transition to afunctioning market economy, which consequently led to the problem of individual bankruptcy, canalso be applied selectively in Romania in the next period.

Online Business Strategy: Mazda Motor Europe GmbH

OpenAIRE

Peltokangas, Merja

2009-01-01

Mazda Motors is a japanese car manufacturer, founded in 1920. The headquarter is located in Hiroshima, Japan and the European headquarter is located in Leverkusen, Germany. The aim of this thesis is to investigate how Mazda Motor Europe GmbH could improve its accessory sales in the future and reach more young customers. Based on the research results Mazda Motor Europe GmbH can see how the main competitors are positioned in the market and consider its own strategy. In the theory part o...

Model of Customer Buying Behavior in the CZ Mobile Telecommunication Market

Directory of Open Access Journals (Sweden)

Ondrej Grünwald

2012-01-01

Full Text Available The Czech mobile telecommunication market constitutes an oligopoly of three operators, who have built a privileged position and effectively crush any competition. The entry of a new operator has been considered by the government since the end of 2009. The new mobile operator should push down the prices of services, which are the highest in Europe and also affect the development of new mobile services. This paper analyzes consumer behavior in the mobile telecommunication market. It reveals how different elements are considered by customers and what is important when choosing a mobile tariff. With use conjoint analysis, we obtained empirical arguments about the preferences of customersin the Czech Republic. The analysis shows that the relatively high price of services greatly reduces the unsaturated demand in the mobile telecommunication market, and proves that the price is crucial in customer decision-making.

Bidding strategy in pay-as-bid markets based on supplier-market interaction analysis

International Nuclear Information System (INIS)

Bigdeli, N.; Afshar, K.; Fotuhi-Firuzabad, M.

2010-01-01

In this paper, a new bidding strategy for pay-as-bid market suppliers is introduced. This method is based on a systematic analysis of interactions of market with the suppliers via several market indices as well as forecasting important indices by artificial neural networks. Besides, the proposed method considers the practical limitations in the system and deals with incomplete information handling, closely. Next, a strategic bidding approach is proposed for optimal bidding by the suppliers. In these investigations, the paper focus is on the experimental situation of Iran electricity market as a pay-as-bid market and a sample generating company with several generating units from this market is considered as the benchmark. The results of applying this approach to this generating company are representative of good performance of the proposed method.

SELECTED MODELS OF RAIL MARKETS IN THE CONTEXT OF LIBERALIZATION OF THE RAIL MARKET IN EUROPE

Directory of Open Access Journals (Sweden)

Krystian Pietrzak

2016-09-01

Full Text Available In the paper author has made an attempt at presenting problems of the operation of European railway transport market against the background of changes taking place in the European Union transport market. These changes are the result of processes aimed at liberalizing the market. In addition, this article defines the conditions of reforms in the Eu-ropean rail market by highlighting various models of its functioning.

Leveraged Buyouts in the U.K. and Continental Europe : Retrospect and Prospect

NARCIS (Netherlands)

Wright, M.; Renneboog, L.D.R.; Simons, T.; Scholes, L.

2006-01-01

Abstract: Management buy-outs have become a global phenomenon. This paper examines the key market trends in the UK and Continental Europe and identifies challenges for the future development of the market. Key recent trends include: buy-out funds raised have exceeded funds invested; evidence from

Marketing Program Standardization: The Experience of TNCs in Poland

Directory of Open Access Journals (Sweden)

Mariusz Sagan

2016-01-01

Full Text Available The purpose of this study is to determine the rate of standardization of marketing programs in transnational corporations in the consumer goods market in Poland, which currently is one of the fastest growing markets in the world. An important research objective was to observe how Polish consumers adopt the marketing patterns and related lifestyles from countries of Western Europe and the USA. The empirical tests and data, collected in a sample survey of 35 transnational corporations and their 140 products, and using varied methods of statistical inference, allowed to formulate the following conclusions. The analyzed TNC’s adopted a clear standardization strategy in the Polish market. Among the analyzed products, 2/3 of them have been entirely transferred from foreign markets into the Polish market. A detailed analysis has indicated that the standardization rate of product and its items in the FMCG market in Poland is high and very high, and significantly higher than the pricing and advertising strategy standardization rates. The product standardization rate in the Polish market has been slightly higher than the rate in the developed countries, yet the pricing standardization has been significantly lower. The standardization of advertising strategies showed similar features.

Competition analysis on the operating system market using principal component analysis

Directory of Open Access Journals (Sweden)

Brătucu, G.

2011-01-01

Full Text Available Operating system market has evolved greatly. The largest software producer in the world, Microsoft, dominates the operating systems segment. With three operating systems: Windows XP, Windows Vista and Windows 7 the company held a market share of 87.54% in January 2011. Over time, open source operating systems have begun to penetrate the market very strongly affecting other manufacturers. Companies such as Apple Inc. and Google Inc. penetrated the operating system market. This paper aims to compare the best-selling operating systems on the market in terms of defining characteristics. To this purpose the principal components analysis method was used.

PRODUCE BUYING AND MARKETING BOARDS IN NIGERIA: INTERROGATING THE FISCAL ROLE OF WESTERN NIGERIA MARKETING BOARD 1942-1962

OpenAIRE

Adeyinka Theresa Ajayi; Ajibade Idowu Samuel; Oladiti Abiodun Akeem

2017-01-01

Marketing Board system was one of the mechanisms of British colonial policy in Nigeria. Primary products were channeled through the Boards to Europe at the expense of both the Nigerian state and the farmers, the producers of these commodities. This study examines produce buying via Marketing Boards in Nigeria and specifically interrogates the fiscal role of Western Nigeria Marketing Board. It argues that the Marketing Boards, in spite of their exploitative nature was beneficial to the regiona...

Panorama 2015 - The global market for compact cars