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 ...

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 ...

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 ...

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 ...

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 ...

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 ...

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 ...

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 ...

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 ...

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 ...