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Long-term decarbonisation pathways for the Ukraine power sectorUploaded: 22 of February, 2024

Ukraine plans to decarbonize its power sector by no later than 2050, and the whole economy by 2060, thus decarbonization considerations are layered over the war and recovery related challenges. The project aimed to help this transition planning as it ...

Hungarian ancillary services market developments for PV and BESSUploaded: 26 of January, 2024

In the course of the project, REKK, in cooperation with DNV, carried out payback calculations for PV and battery storage. In addition to the analysis of the Hungarian balancing reserve and energy markets, REKK provided wholesale electricity prices ...

Study on the forecast of battery storage market services in Hungary, Slovakia and CroatiaUploaded: 26 of January, 2024

The aim of the project is to facilitate the analysis of the business potential of battery storages. For Hungary, Slovakia and Croatia, we have forecasted the expected level of regulatory reserve procurements, as well as wholesale electricity prices ...

Study on the wind power potential in HungaryUploaded: 13 of December, 2023

Within Europe as well as globally wind and solar energy are acknowledged as the key renewable energy sources for supplying our future demand for energy, done with proven and cost-effective conversion technologies that serve for the provision of ...

Market and regulatory environment and financial feasibility of an on-site solar power plant in HungaryUploaded: 9 of October, 2023

The project investigated the feasibility of constructing an on-site photovoltaic power plant at the premises of a Hungarian company. It presented the current trends in the electricity market, the main elements of renewable energy regulation and the ...

Hungary wholesale electricity price forecast until 2040Uploaded: 25 of September, 2023

In the framework contract, we carry out twice a year natural gas and electricity price forecasts for Hungary, using the European Gas Market Model (EGMM) and the European Power Market Model (EPMM). The evolution of the electricity mix in Hungary under ...

Wholesale electricity price forecast in Romania until 2040Uploaded: 25 of September, 2023

In the framework contract, we carry out twice a year natural gas and electricity price forecasts for Romania, using the European Gas Market Model (EGMM) and the European Power Market Model (EPMM). The evolution of the electricity mix in Romania under ...

The possibilities of phasing out Russian gas in the Danube RegionUploaded: 23 of November, 2022

In the framework of this project, the short and long-term potential of the reduction of Russian gas dependency of the Danube Region as a whole and of individual countries has been analyzed. Draft results have been discussed with experts of international ...

Evaluating the business model of battery storage investment in HungaryUploaded: 7 of October, 2022

In this analysis we evaluate the business model of different types of battery storage systems on the Hungarian power market. We quantify the expected revenues from the wholesale market and the ancillary services market (using EPMM) and from the balancing ...

Assessment of the impacts of CBAM and carbon pricing on the electricity markets of the Energy Community Contracting PartiesUploaded: 7 of October, 2022

In July 2021 the European Commission published a proposal for the so-called Fit for 55 legislative Package, including the Regulation establishing a Carbon Border Adjustment Mechanism (CBAM). The primary purpose of the regulation is to address the risk of ...