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

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 ...

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 ...

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 ...

Resilience of the Central European power sector in the time of transitionUploaded: 8 of December, 2021

In this work we focus on resilience in the context of coal phase-out and the rapid development of intermittent solar and wind energy sources. There is no question by now, that coal needs to be phased out, but there are still several options and solutions ...

Hungarian wholesale price forecastUploaded: 8 of December, 2021

The project provided a forecast for the Hungarian wholesale electricity prices, taking into account different future pathways of natural gas and ETS prices. We also analysed the possibility of quitting the brown premium system, and summarised the ...

Electricity wholesale price, reserve price and balancing price forecast for Hungary until 2040Uploaded: 8 of December, 2021

The project provided a forecast for the Hungarian wholesale electricity prices, balancing energy prices and reserve prices, taking into account different future pathways of natural gas and ETS prices. We also analysed the recent developments with the ...