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Peculiar sectoral taxesPublished: 1 of December, 2013

Our article is to demonstrate the features of sectoral taxes levied on energy industry players, with a short outlook to the European situation. We assess the Robin Hood tax, which was greatly amended early this year, the already repealed sector-specific ...

Domestic primary energy use prognosis until 2020Published: 1 of September, 2013

We present a summary of a study prepared for the Ministry of National Development about the primary energy consumption of Hungary. We estimated the energy use of the whole Hungarian economy and of some selected sectors. Our research projects considerable ...

Energy Infrastructure Projects of Energy Community InterestPublished: 1 of September, 2013

As we have previously indicated, the EU selects infrastructure development projects which enjoy priority on the community level based on a development plan. The Energy Community has also started shortlisting the electricity and natural gas infrastructure ...

Gas fired power plants: edging lowerPublished: 1 of June, 2013

Our article looks at the reasons behind the distressed market position of our natural gas fired power plants. Due to the trends in world energy prices for the last two years gas based producers are not only unable to recover their investment costs, they ...

Recent developments related to the procurement of system reservesPublished: 1 of March, 2013

Securing the system level reserves necessary for the uninterrupted operation of the electricity system is the task of the system operator. Before the tender for this year MAVIR substantially changed the methodology of procurement, which, based on the ...

Long term impacts of the closure of German nuclear facilitiesPublished: 1 of September, 2012

In one of our previous articles we have already analysed the short term impacts of the closure of the German nuclear power plants – in particular, how electricity prices, foreign trade and the Hungarian electricity market are affected. More than a year ...

The predictability of economic growth based on electricity consumption dataPublished: 1 of June, 2012

Using statistical-econometrical methods, we determine the extent to which the electricity consumption of Hungary can be used for the short-term forecast of GDP growth. Our analysis is based partly on quarterly and partly on annual data: since 1998 ...

Free Hungarian CO2 allocation schemes tuned to pumped-storage plantsPublished: 1 of December, 2011

Power plants may acquire CO2 quotas via auction only pursuant to the new ETS Directive that comes into force in 2013. Certain new Member States may be exempted from this requirement, providing free allocation to their power plants. Our study presents the ...

The impact of the shutdown of German nuclear power plants on Central European pricesPublished: 1 of September, 2011

The nuclear energy policy of Germany has undergone a sea change, causing serious upheaval on European markets. Many studies have been written about the consequences of the phase-out, but most of them focused on German system security, and what effect the ...

The expected effects of the crisis tax on the power sectorPublished: 1 of December, 2010

The two most important, most widely quoted consequences of the sector specific, revenue based taxes are their impact on investments and the passing on of costs. In our analysis we try to both quantify the level of the tax and make a review of the likely ...