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The Polluter Profits Principle: A Note on the Grandfathering of CO2 Emissions Rights in Lax-Cap Trading Regimes

Grandfathering is currently the main principle for the initial allocation of tradable CO2 emission rights under the European cap-and-trade scheme. Furthermore, political feasibility often requires non-restrictive emission caps. Grandfathering under lax ...

Economic and environmental analysis of district heating prices in Hungary

The main goal of the study was to examine the residential charges of Hungarian district heating supply, and to make a proposal on the reduction of these charges and the cutback of its competitve disadvantage. The study includes a catalogue of district ...

Government tasks and impact study regarding CO2 emission trading in Hungary

Two studies were prepared on the governmental tasks and incurring budget effects of the EU CO2 emissions trading system. The first study introduces the theoretical basics of emissions trading, the main economic foundations, the assessment of the ...

Hungarian Energy Office general consulting agreement 2005

A megállapodásban szereplő témák: a földgáz költség-felülvizsgálat kapcsán javaslat kidolgozása egy hőmérséklet-függő dinamikus földgáz árszabályozási mechanizmus kialakítására, a CO2 kvóták létesítményszintű végső magyar allokációjának és várható ...

Designing a market monitoring system

The study helps the System Operator Company to create a market monitoring system - corresponding to the legal obligations and the meeting the challenges of the current economic reality - that adequately reflects the ongoing market changes in the ...

Preparation of sectoral CO2 emission forecasts in 16 industries in hungary

The first volume of the final report discusses and summarizes our most important results. It presents detailed sectoral and total emissions prognoses for GHG and CO2 emissions that fall under the scope of the Directive 2003/87/EC (ETS). The second volume ...

Greenhouse gas inventory and emissions prognoses with general equilibrium modelling in Hungary

In 2004 the Ministry of Environment and Waters had determine the total quantity of CO2 allowances to be allocated among economic agents falling under the scope of Directive 2003/87/EC (ETS). This required information about the development of national ...

Development potential of the natural gas market in Hungary

Pannonpower Rt. is a generation company actively expanding in both the renewable energy and the district heating markets. The aim of this study is to model two elements of a planned 50MW CHP power plant development project (to be commissioned no sooner ...

Hungarian Energy Office general consulting agreement 2004

A megállapodásban szereplő témák: árszabályozási peremfeltétel-vizsgálat, indexálás, kötelező átvétel közgazdasági elemzése, CO2 nemzeti allokációs terv kialakítási során felmerült problémák, NOx kibocsátási allokációs tervek készítése során felmerült ...