Prelims
Changes in European Energy Markets
ISBN: 978-1-83909-110-0, eISBN: 978-1-83909-107-0
Publication date: 3 January 2020
Citation
Iovino, F. and Tsitsianis, N. (2020), "Prelims", Changes in European Energy Markets, Emerald Publishing Limited, Leeds, pp. i-xix. https://doi.org/10.1108/978-1-83909-107-020201001
Publisher
:Emerald Publishing Limited
Copyright © 2020 Emerald Publishing Limited
Half Title Page
Changes in European Energy Markets
Title Page
Changes in European Energy Markets
What the Evidence Tells Us
Felicetta Iovino
University of Sannio, Italy
Nicholas Tsitsianis
Queen Mary University of London, UK
United Kingdom – North America – Japan – India Malaysia – China
Copyright Page
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First edition 2020
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ISBN: 978-1-83909-110-0 (Print)
ISBN: 978-1-83909-107-0 (Online)
ISBN: 978-1-83909-109-4 (Epub)
List of Figures
Figure 1.1 | Electricity Value Chain before and after Liberalization |
Figure 1.2 | Natural Gas Value Chain before and after Liberalization |
Figure 1.3 | Development of Number of Active Suppliers and Customers in Europe – Electricity |
Figure 1.4 | Development of Number of Active Suppliers and Customers in Europe – Gas |
Figure 1.5 | Germany: Total Number of Electricity and Gas Retailers to Final Consumers, 2003–2017 |
Figure 1.6 | Italy: Total Number of Electricity and Gas Retailers to Final Consumers, 2003–2017 |
Figure 1.7 | UK: Total Number of Electricity and Gas Retailers to Final Consumers, 2003–2017 |
Figure 1.8 | Spain: Total Number of Electricity and Gas Retailers to Final Consumers, 2003–2017 |
Figure 1.9 | France: Total Number of Electricity and Gas Retailers to Final Consumers, 2003–2017 |
Figure 2.1 | Italian Electricity Production by Sources |
Figure 2.2 | Net Italian Electricity Production by Sources |
Figure 2.3 | Italian Natural Gas by Sources |
Figure 2.4 | Italian Natural Gas by Sources 2008–2017, EUROSTAT |
Figure 2.5 | Italian Natural Gas by Type of Sources |
Figure 2.6 | Percentage of Electricity Production from Renewable Sources in Italy |
Figure 2.7 | Italy Crude Oil Production and Consumption by Year 1980–2013 |
Figure 2.8 | Italy Dry Gas Production and Consumption by Year 1980–2013 |
Figure 2.9 | Geographical Distribution of Oil Reserves |
Figure 2.10 | Geographical Distribution of Gas Reserves |
Figure 2.11 | Disaggregation and Liberalization Electricity Chain |
Figure 2.12 | Disaggregation and Liberalization Gas Chain |
Figure 2.13 | Italian Gas Interconnection and Storage Capacities |
Figure A1 | Italian Electricity MGP and Bilateral Contracts |
Figure A2 | Gas MGP and Bilateral Contracts |
Figure A3 | Italian Gas Market |
Figure A4 | Italian Electricity and Gas Markets |
Figure 3.1 | The Research Onion |
Figure 4.1 | Electricity Traditional Value Chain |
Figure 4.2 | Gas Traditional Value Chain |
Figure 4.3 | New Electricity Chain, under the EU Directives |
Figure 4.4 | New Gas Value Chain, under EU Directives |
Figure 4.5 | Main Factors Affecting on Financial Performance of Energy Companies |
Figure 5.1 | Distribution of Italian Energy Companies for Geographic Area |
Figure 5.2 | Distribution of Italian Electricity Companies by Geographic Area |
Figure 5.3 | Distribution of Italian Gas Companies by Geographic Area |
Figure 5.4 | Resident Population in Italy for Geographical Area |
Figure 5.5 | Distribution of Italian Energy Companies for Business |
Figure 5.6 | Trend of Total Current Assets/Total Assets for Electricity and Gas Incumbent Companies |
Figure 5.7 | Trend of Total Non-current Assets/Total Assets for Electricity and Gas Incumbent Companies |
Figure 5.8 | Trend of Total Current Assets/Total Assets for Electricity and Gas Big 10 Companies |
Figure 5.9 | Trend of Total Non-current Assets/Total Assets for Electricity and Gas Big 10 Companies |
Figure 5.10 | Trend of Total Current Assets/Total Assets for Electricity and Gas Minor Companies |
Figure 5.11 | Trend of Total Non-current Assets/Total Assets for Electricity and Gas Minor Companies |
Figure 5.12 | Trend of Current Liabilities/Total Liabilities for Electricity and Gas Incumbent Companies |
Figure 5.13 | Trend of Non-current Liabilities/Total Liabilities for Electricity and Gas Incumbent Companies |
Figure 5.14 | Trend of Current Liabilities/Total Liabilities for Electricity and Gas Big 10 Companies |
Figure 5.15 | Trend of Non-current Liabilities/Total Liabilities for Electricity and Gas Big 10 Companies |
Figure 5.16 | Trend of Current Liabilities/Total Liabilities for Electricity and Gas Minor Companies |
Figure 5.17 | Trend of Non-current Liabilities/Total Liabilities for Electricity and Gas Minor Companies |
Figure 5.18 | Trend of Non-current Liabilities/Total Assets for Electricity and Gas Incumbent Companies |
Figure 5.19 | Trend of Current Liabilities/Equity for Electricity and Gas Incumbent Companies |
Figure 5.20 | Trend of Non-current Liabilities/Total Assets for Electricity and Gas Big 10 Companies |
Figure 5.21 | Trend of Current Liabilities/Equity for Electricity and Gas Big 10 Companies |
Figure 5.22 | Trend of Non-current Liabilities/Total Assets for Electricity and Gas Minor Companies |
Figure 5.23 | Trend of Current Liabilities/Equity for Electricity and Gas Minor Companies |
Figure 5.24 | Trend of Intangible Assets/Total Non-current Assets for Incumbent Electricity and Gas Companies |
Figure 5.25 | Trend of Intangible Assets/Total Assets for Incumbent Electricity and Gas Companies |
Figure 5.26 | Trend of Intangible Assets/Total Non-current Assets for Big 10 Electricity and Gas Companies |
Figure 5.27 | Trend of Intangible Assets/Total Assets for Big 10 Electricity and Gas Companies |
Figure 5.28 | Trend of Intangible Assets/Total Non-current Assets for Minor Companies Electricity and Gas Companies |
Figure 5.29 | Trend of Intangible Assets/Total Assets for Minor Companies Electricity and Gas Companies |
Figure 5.30 | Trend of Goodwill/Total Non-current Assets for Incumbent Electricity and Gas Companies |
Figure 5.31 | Trend of Goodwill/Total Assets for Incumbent Electricity and Gas Companies |
Figure 5.32 | Trend of Goodwill/Total Non-current Assets for Big 10 Electricity and Gas Companies |
Figure 5.33 | Trend of Goodwill/Total Assets for Big 10 Electricity and Gas Companies |
Figure 5.34 | Trend of Goodwill/Total Non-current Assets for Minor Electricity and Gas Companies |
Figure 5.35 | Trend of Goodwill/Total Assets for Minor Electricity and Gas Companies |
Figure 5.36 | Trend of Net Income/Sales for Incumbent Electricity and Gas Companies |
Figure 5.37 | Trend of EBIT/Total Non-current Liabilities + Equity for Incumbent Electricity and Gas Companies |
Figure 5.38 | Trend of EBITDA/Total Non-current Liabilities + Equity for Incumbent Electricity and Gas Companies |
Figure 5.39 | Trend of EBITDA/Total Debt + Equity for Incumbent Electricity and Gas Companies |
Figure 5.40 | Trend of Net Income/Sales for Big 10 Electricity and Gas Companies |
Figure 5.41 | Trend of EBIT/Total Non-current Liabilities + Equity for Big 10 Electricity and Gas Companies |
Figure 5.42 | Trend of EBITDA/Total Non-current Liabilities + Equity for Big 10 Electricity and Gas Companies |
Figure 5.43 | Trend of EBITDA/Total Debt + Equity for Big 10 Electricity and Gas Companies |
Figure 5.44 | Trend of Net Income/Sales for Minor Electricity and Gas Companies |
Figure 5.45 | Trend of EBIT/Total Non-current Liabilities + Equity for Minor Electricity and Gas Companies |
Figure 5.46 | Trend of EBITDA/Total Non-current Liabilities + Equity for Minor Electricity and Gas Companies |
Figure 5.47 | Trend of EBITDA/Total Debt + Equity for Minor Electricity and Gas Companies |
List of Tables
Table 1.1 | Main Phases of the Energy Sector Reform |
Table 1.2 | Eligible Electricity Consumers during First Package |
Table 1.3 | Clean Energy for All Europeans Package – Legislative Process |
Table 1.4 | European Energy Directives |
Table 1.5 | Number of Main Electricity and Gas Retailers and Their Cumulative Shares, 2017 |
Table 3.1 | Comparison between Positivism and Interpretivism |
Table 3.2 | Major Differences between Deductive and Inductive Approaches |
About the Authors
Felicetta Iovino is a Fellow at University of Sannio and Visiting Researcher at Queen Mary University of London. She has a PhD in Public Sector Management. Her research interests include financial performance, energy policy and companies, tourism. She is a reviewer and member of editorial board of several international journals.
Nicholas Tsitsianis is a Senior Lecturer at Queen Mary University of London and he has obtained his PhD from Brunel University. His research focuses on financial and accounting performance, corporate governance as well as well-being. His research has been published in journals, books and has made contributions to public policies.
- Prelims
- 1 The European Energy Markets: The Liberalization Processes
- 2 Italian Energy Markets: Structure and Functioning
- 3 The Methodology of the Research
- 4 The Financial Performance of Energy Companies: A Review of Literature
- 5 Analysis of the Financial Performance of the Electricity and Gas Companies: Empirical Evidence from the Italian Case
- References
- Index