EU Member States are required to update their National Energy and Climate Plans by 30 June 2024. They have to prepare the final updated NECPs by 30 June 2024. The aim of this work is to perform the necessary background calculations for the energy sector ...

The analysis is part of a larger project with the ultimate goal of making recommendations for the development of Austrian renewable auctions. In the research, REKK examines the characteristics of eight European CfD-based renewable auction systems ...

Self-consumption of solar energy will play an important role in achieving the European Union’s net-zero target by involving consumers, increasing renewable deployment, providing additional sites for installations, mobilising new financial resources, and ...

During the project, we used the EPMM model to examine various scenarios for the Romanian electricity market. The main question of the analysis was whether the decarbonization of Romania's electricity market is achievable by 2040. To address this, we ...

The aim of the project was to model the Romanian electricity market until 2040. The analysis examined how realistic the goal of decarbonization is for Romania by 2040 in the electricity market, and how realistic the objectives related to the electricity ...

The overall objective of the project is to implement an innovative pilot project in the Mórahalom Municipality, which will serve as a consumer-friendly, security of supply, environmentally and financially sustainable supply model for the development of ...

The project provided recommendations on the implementation and/or improvement of auction design for Energy Community contracting parties, in light of the recent high prices and European best practices. The project incorporated 3 workshops about EU ...

The aim of this study is to analyse the market impacts of wind capacity expansion in Hungary. Using REKK's European Power Market Model (EPMM), we investigate how different wind investment scenarios combined with different PV capacities affect the ...

Ukraine plans to decarbonize its power sector by no later than 2050, and the whole economy by 2060, thus decarbonization considerations are layered over the war and recovery related challenges. The project aimed to help this transition planning as it ...

REKK, in collaboration with Potomac Economics, conducted an assessment of the codes and regulations governing the newly liberalised Armenian electricity market: the Wholesale Electricity Market Rules, the Retail Electricity Market Trading Rules, the ...