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Forecasting the Hungarian imbalance settlement prices using market modelling

The aim of this project is to forecast the Hungarian imbalance settlement prices in a 15-year time horizon. The forecast was carried out using market modelling in three steps. As a first step, we modelled the wholesale electricity and reserve markets ...

Electricity wholesale price forecast for Romania until 2040

The aim of the study was to forecast the Romania baseload wholesale electricity price, the market value of PV and wind production and the electricity mix until 2040, using the REKK-developed European Electricity Market Model. Besides the reference ...

Support to the evaluation of TEN-E Regulation (347/2013)

As part of the Consortia led by Ecorys, REKK has been closely involved into the impact assessment of the 347/2013 TEN-E Regulation. This study assessed the Regulation against several evaluation criteria using evidence base from desk research, modelling ...

Economic analysis of the Ukrainian and Moldovan wholesale electricity markets and benefits of EU continental grid integration

The main objective of the project is to quantitatively analyse the long-term impacts of a possible integration of Ukraine and Moldova electricity networks with the ENTSO-E system based on electricity market modelling. For this purpose, REKK with its ...

Introduction of marginal pricing in the Hungarian balancing energy markets

This study analyses whether marginal pricing is worth to be introduced in the Hungarian balancing energy markets before MAVIR joins to the common European balancing energy platforms. Several methodological approaches (literature review, benchmark case ...

Technical support to the Energy Community and its Secretariat to assess the candidate PECIs and candidate PMIs in electricity, gas and oil infrastructure, and in smart grids development

A Consortium of REKK and DNV GL supported as consultants for the fourth time the expert groups of the Energy Community in the development of a project assessment methodology and evaluated the investment projects submitted as PECI/PMI candidates to the ...

MVM Regional strategy support

The aim of the project was to support the MVM 2019-25 Regional strategy, by ensuring regional modelling results for the country cases. The 2030 electricity modelling ensured several key outputs for the regional market anaylsis (i. e. wholesale electricity ...

Hungarian wholesale electricity price forecast until 2045

The aim of the study to forecast the Hungarian baseload wholesale electricity price and the market value of PV production until 2045, using the REKK-developed European Electricity Market Modell. We demonstrate the results of the reference scernario, and ...

The effect of the CO2 prices on the Hungarian wholesale electricity prices

Using the REKK-developed European Electricity Market Model, we model the Hungarian electricity wholesale prices assuming different coal, natural gas and CO2 prices. We model the price developments both for the year 2019 and also for 2025, because the ...

Wholesale electricity price forecast in the Region

The aim of this study is the following: Wholesale electricity price forecast for Hungary and for the other countries in the Region up till 2030, using the European Electricity Market ModelWe demonstrate the main elements of the ETS market, the most ...