The operation of the liberalized regulating power market: market simulationUploaded: 1 of January, 2007

The aim of the project is to analyze with quantitative methods the future operation of the liberalized Hungarian regulating power market. It includes regulating power price forecasts and the modeling of the behavior of power plants key to this market. The primary goal is to give a sound picture based on economic analysis about the possible market power relations on the future regulating power market, about potential market power problems and their effect on the prices of regulating power.