The energy transition process in Central and Eastern Europe has been significantly impacted by the energy sector price crisis of 2022-2023, which was driven by developments in the gas market and the Ukraine war. This has led to a re-evaluation of the ...

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 ...

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 ...

In the course of the project, REKK, in cooperation with DNV, carried out payback calculations for PV and battery storage. In addition to the analysis of the Hungarian balancing reserve and energy markets, REKK provided wholesale electricity prices ...

The aim of the project is to facilitate the analysis of the business potential of battery storages. For Hungary, Slovakia and Croatia, we have forecasted the expected level of regulatory reserve procurements, as well as wholesale electricity prices ...

Within Europe as well as globally wind and solar energy are acknowledged as the key renewable energy sources for supplying our future demand for energy, done with proven and cost-effective conversion technologies that serve for the provision of ...

The project investigated the feasibility of constructing an on-site photovoltaic power plant at the premises of a Hungarian company. It presented the current trends in the electricity market, the main elements of renewable energy regulation and the ...

In the framework contract, we carry out twice a year natural gas and electricity price forecasts for Hungary, using the European Gas Market Model (EGMM) and the European Power Market Model (EPMM). The evolution of the electricity mix in Hungary under ...

In the framework contract, we carry out twice a year natural gas and electricity price forecasts for Romania, using the European Gas Market Model (EGMM) and the European Power Market Model (EPMM). The evolution of the electricity mix in Romania under ...

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 ...