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 ...
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The impact of gas and contract release programs on the Hungarian gas marketUploaded: 1 of February, 2008
Forecast of Hungarian electricity prices for 2008Uploaded: 1 of February, 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 ...
Development of the ASTEC model for the UNDP/GEF Danube Regional ProgramUploaded: 2 of January, 2008
The management of the UNDP/GEF funded research project on municipal water and wastewater tariffs and effluent charges in seven countries of the Danube River Basin belongs to the professional experience of our colleagues at their previous job (MAKK). They ...
Economic simulation games for educational purposesUploaded: 1 of January, 2008
With the support of the Competition Culture Center of the HCA, we have developed several simulation games to practice and verify the results and predictions of economic theories in the fields of industrial organization and price regulation. The ...
Free market or rigged auctions?Uploaded: 1 of January, 2008
The smoke is still rising from the electricity auction of the Hungarian Electricity Works (Magyar Villamos Művek, MVM) which took place on October 25th. According to the first – informal – news a price of 65 €/MWh (16. 3 Ft/kWh) the base load of next ...
Kaleidoscope: the Hungarian electricity market in 2007Uploaded: 1 of January, 2008
Kaleidoscope 2007 - sponsored and supported by the Hungarian Competition Authority - summarizes the most important developments regarding competition in Hungary and includes a more detailed analysis of selected sectors. REKK staff presented the article ...
The interdependecy of the electricity markets of Hungary and the Balkan regionUploaded: 1 of January, 2008
In this study, we discuss the factor most often referred to when explaining the reasons for the significant increases recently experienced in Hungarian electricity prices: the situation in the South-East European power markets and its impact on the ...
The technical and economic possibilities of demand side participation on the ancillary services marketUploaded: 1 of January, 2008
In our paper we analyze the possibilities to stimulate demand side actors' participation on the domestic ancillary services market. In the first part of the paper we introduce the concept of demand side participation in providing ancillary reserves, and ...
Economic feasibility study for a biomass cogeneration power plantUploaded: 1 of January, 2008
The aim of our research was to answer the question whether a cogeneration biomass power plant could be built economically in Hungary or not. We carried out a detailed analysis of the principal market segments and forecast those factors that could affect ...
Regional market model for derived energy productsUploaded: 1 of January, 2008
We build an economic model that simulates the strategic wholesale market interactions between producers of derived energy products in Central, Eastern, and South-East Europe. The model takes into account the simplified production technologies of the ...
