REKK has conducted a seminar series for the Association of Hungarian Electricity Trade Companies on the various models for the opening up of the electricity market. The prepared study summarizes the outcome focusing on the following issues:

• the supply side and the institutional framework of the wholesale market,
• the future of long term purchase agreements under the stranded cost compensation system,
• the use of cross-border capacities and import competition,
• regulation of ebligatory feed-in generation,
• market for network services,
• retail market in the new model,
• future of procurement constraints,
• future of regulated end-use tariffs and the system of universal service,
• mechanism for supplier switching, and
• dealing with significant market power.