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Possibilities for reforming the Hungarian imbalance pricing system

The paper analyses the Hungarian imbalance pricing system considering its affect on the relationship between the Hungarian wholesale market and the demanded balancing energy, and also with respect to international experiences - Nordel and the ...

Potential implementation of demand side approach methods in ERRA countries

The objective of this study is to provide the ERRA regulatory community with an overview of the wide set of tools that enable more efficient use of current electricity infrastructures by making electricity demand more responsive to developments on the ...

The economic analysis of a state pump storage facility investment in Hungary

Our study was commissioned by the Ministry of Economy and Transport with the cooperation of the Hungarian Energy Office and MAVIR, the Hungarian transmission system operator in order to assess the need for a pump storage facility from the perspective of ...

Wholesale electricity price forecast for 2009

The purpose of this study is to forecast the wholesale electricity price for 2009. We analyse the crucial factors behind the domestic electricity market tendencies in 2009. To do this, we first present the recent market regulation measures of the ...

Forecasting the market outcome on the Hungarian household electricity market after liberalization

According to the Directive 2003/54 EC from July 1, 2007 all electricity customers including households should be free to choose supplier. It is a question what will happen on the household market which until now was supplied by regional monopolies. In ...

(Co)Generating energy connections in Hungary

The regulation concerning the subsidization and obligatory purchase of electricity produced in cogeneration with heat or from renewable energy sources has changed in 2008. The subsidized fund ended, but was replaced with a “green fund.” Production is now ...

Forecast of Hungarian electricity prices for 2008

Our study has two aims: first, it attempts to discover the true reason for the price increase in 2008, and second, it seeks to examine what prices could have emerged in the Hungarian market if the structure of the market had been more competitive. To ...

The impact of gas and contract release programs on the Hungarian gas market

The gas market in European Union is highly concentrated and characterized by the dominance of the former incumbents. The national competition authorities and the European Commission try to impose measures on these incumbent companies to release part of ...