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The possibilities of phasing out Russian gas in the Danube RegionUploaded: 23 of November, 2022

In the framework of this project, the short and long-term potential of the reduction of Russian gas dependency of the Danube Region as a whole and of individual countries has been analyzed. Draft results have been discussed with experts of international ...

Possibilities for phasing out Russian gas for the 2022/2023 and 2023/2024 winter from the EU energy supplyUploaded: 31 of October, 2022

The goal of the study was to follow up on the recent developments of the gas market both on the supply and demand market – and build them into the forward-looking analysis for the 2022/2023 gas year and for the 2023/2024 gas year. Based on the results of ...

Market Monitoring in UkraineUploaded: 21 of October, 2022

REKK, together with Potomac Economics completed a Market Monitoring manual for the electricity market of Ukraine, and a Market Monitoring report for the gas markets of Ukraine. This Wholesale Market Monitoring Manual (“Manual”) specified various ...

Hungarian energy price forecastUploaded: 18 of October, 2022

The aim of the project is to prepare a forecast of domestic wholesale electricity and gas prices, as well as domestic electricity balancing and imbalance settlement prices for the period 2022-2028. We set up three scenarios and, in addition to these ...

Evaluating the business model of battery storage investment in HungaryUploaded: 7 of October, 2022

In this analysis we evaluate the business model of different types of battery storage systems on the Hungarian power market. We quantify the expected revenues from the wholesale market and the ancillary services market (using EPMM) and from the balancing ...

Assessment of the impacts of CBAM and carbon pricing on the electricity markets of the Energy Community Contracting PartiesUploaded: 7 of October, 2022

In July 2021 the European Commission published a proposal for the so-called Fit for 55 legislative Package, including the Regulation establishing a Carbon Border Adjustment Mechanism (CBAM). The primary purpose of the regulation is to address the risk of ...

CACTUS research project - Strengthening central and eastern european climate targets through energy sufficiencyUploaded: 7 of July, 2022

The project investigated the possible role of energy sufficiency policies in reaching national climate goals in Hungary and Lithuania. Drawing on estimated sufficiency potentials in literature and historic consumption trends, it proposes sufficient ...

Assessment of different options of reduction of Russian gas dependence of a Hungarian industrial consumerUploaded: 23 of June, 2022

The Russian - Ukrainian war, that started February 2022 has increased the possibility of a gas supply cut to a serious risk in Hungary. In our analysis we assessed different options of energy storage that could help to sustain partly or entirely the ...

Possibilities for phasing out Russian gas for the 2022/2023 winter from the EU energy supplyUploaded: 1 of June, 2022

The goal of the project was to assess the impact of partial and full reduction of fossil fuel supply on the short term (the upcoming winter), and to estimate the supply and demand side mitigation options that the EU can apply. The focus was to assess the ...

Hungarian energy price forecastUploaded: 1 of March, 2022

The aim of the project is to prepare a forecast of domestic wholesale electricity and gas prices, as well as domestic electricity balancing and imbalance settlement prices for the period 2022-2028. We set up three scenarios and, in addition to these ...