Utilities in Denmark - Industry and Country Analysis

TABLE OF CONTENTS
EXECUTIVE SUMMARY 2
INTRODUCTION 3
Market definition 3
Research highlights 3
UTILITIES IN DENMARK: MARKET OVERVIEW 8
Market analysis 8
Market Value, 2005–09 9
Market value forecast, 2009–14 10
Market Segmentation by Category 11
Market Segmentation by Geography 12
UTILITIES IN DENMARK: FIVE FORCES ANALYSIS 13
Summary 13
Buyer power 15
Supplier power 16
New entrants 18
Substitutes 20
Rivalry 21
DENMARK: PESTLE ANALYSIS 22
Summary 22
Political analysis 23
Economic analysis 28
Social analysis 33
Technology analysis 37
Legal analysis 41
Environmental analysis 45
UTILITIES IN DENMARK: LEADING COMPANIES 49
Vattenfall 49
DONG Energy A/S 57
HNG Midt-Nord Salg A/S 65
APPENDIX 69
Methodology 69
ABOUT DATAMONITOR 71
Premium Reports 71
Summary Reports 71
Datamonitor consulting 71

LIST OF TABLES
Table 1: Denmark utilities industry value: $ billion, 2005–09 9
Table 2: Denmark utilities industry value forecast: $ billion, 2009–14 10
Table 3: Denmark utilities industry segmentation I:% share, by value, 2009 11
Table 4: Denmark utilities industry segmentation II: % share, by value, 2009 12
Table 5: Analysis of Denmark’s political landscape 23
Table 6: Analysis of the Danish economy 28
Table 7: Analysis of Denmark’s social system 33
Table 8: Analysis of Denmark’s technology landscape 37
Table 9: Analysis of Denmark’s legal landscape 41
Table 10: Analysis of Denmark’s environmental landscape 45
Table 11: Vattenfall: key facts 49
Table 12: Vattenfall: key financials ($) 54
Table 13: Vattenfall: key financials (SEK) 54
Table 14: Vattenfall: key financial ratios 55
Table 15: DONG Energy A/S: key facts 57
Table 16: DONG Energy A/S: key financials ($) 62
Table 17: DONG Energy A/S: key financials (DKK) 62
Table 18: DONG Energy A/S: key financial ratios 63
Table 19: HNG Midt-Nord Salg A/S: key facts 65
Table 20: HNG Midt-Nord Salg A/S: key financials ($) 66
Table 21: HNG Midt-Nord Salg A/S: key financials (DKK) 66
Table 22: HNG Midt-Nord Salg A/S: key financial ratios 67


LIST OF FIGURES
Figure 1: Denmark utilities industry value: $ billion, 2005–09 9
Figure 2: Denmark utilities industry value forecast: $ billion, 2009–14 10
Figure 3: Denmark utilities industry segmentation I:% share, by value, 2009 11
Figure 4: Denmark utilities industry segmentation II: % share, by value, 2009 12
Figure 5: Forces driving competition in the utilities industry in Denmark, 2009 13
Figure 6: Drivers of buyer power in the utilities industry in Denmark, 2009 15
Figure 7: Drivers of supplier power in the utilities industry in Denmark, 2009 16
Figure 8: Factors influencing the likelihood of new entrants in the utilities industry in Denmark, 2009 18
Figure 9: Factors influencing the threat of substitutes in the utilities industry in Denmark, 2009 20
Figure 10: Drivers of degree of rivalry in the utilities industry in Denmark, 2009 21
Figure 11: Vattenfall: revenues & profitability 55
Figure 12: Vattenfall: assets & liabilities 56
Figure 13: DONG Energy A/S: revenues & profitability 63
Figure 14: DONG Energy A/S: assets & liabilities 64
Figure 15: HNG Midt-Nord Salg A/S: revenues & profitability 67
Figure 16: HNG Midt-Nord Salg A/S: assets & liabilities 68