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We cover wholesale electricity market regulation and market research, network issues and analyses for large consumers in our studies.

Energy Security Cooperation: Knowledge sharing and institutional links creation among UK and Hungarian stakeholders in the field of energy securityUploaded: 25 of July, 2023

The aim of the project is to develop targeted exchanges among selected Hungarian and UK stakeholders including key policy, regulatory, technology platforms/industry bodies, and think tanks. The project will cover challenges where the UK can offer ...

Russian gas phaseout in HungaryUploaded: 31 of May, 2023

The aim of the study is to examine how the share of natural gas in Hungary's total energy supply with a 34. 1% share (2019, Hungarian energy balance) can be mitigated in the short term (by 2023/24) and in the long term (by 2030). Reducing consumption with ...

Comparative Assessment of the Energy Costs Recovery in the Tariff Methodologies of the Water Sector across European CountriesUploaded: 11 of April, 2023

During 2021-2022 Europe has witnessed an unprecedented increase in the cost of energy supply, badly impacting most economic sectors, including water and sanitation utilities. WAREG, the European association of water utility regulatory authorities, has ...

Study on the performance of support for electricity from renewable sources granted by means of tendering procedures in the UnionUploaded: 23 of February, 2023

Article 4 (8) of Directive (EU) 2018/2001 (RED II) mandates the European Commission (EC) to assess the performance of renewable support schemes granted through competitive tenders. The objective of this study was to assist the EC in reporting to the ...

Wind instead of gas? What effects would 3 GW of new wind capacity have in Hungary?Uploaded: 10 of January, 2023

REKK was involved in Energiaklub's project "Wind energy for Hungary! ", where we analysed the possible effects of new wind capacities in Hungary on the electricity sector. We used our European Power Market Model (EPMM) to quantify the effects of maximum 3 ...

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 ...

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 ...

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 ...

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 ...