Assessment for CEE Equity on the Hungarian secondary system reserve market and a forecast for 2014-17Uploaded: 1 of June, 2014

In this study we will provide a short introduction to the Hungarian system reserve market, particularly the secondary system reservemarket. In particular, the study introduces the main players of this market, summarizes the major rules that govern procurement, market participation and price formation. We also analyse the possible future development of the secondary reserve market regarding to demand and supply side of the market in the following three years (2014-2017).