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

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 ...

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 ...

Impact of the development of the Mátra Power Plant on the electricity and heat marketUploaded: 1 of December, 2021

Two areas were considered in the analysis. On the one hand, we analyse the impact of the closure of the lignite blocks of the Mátra Power Plant and the entry of potential new generation capacity from Mátra on the domestic electricity market, including ...

Study on the Central and South Eastern Europe energy connectivity (CESEC) cooperation on electricity grid development and renewablesUploaded: 1 of October, 2021

The analyses provides a detailed assessment of the potential for cost-effective renewable energy projects and associated infrastructure requirements in the CESEC region, in the short and long terms of 2030 and 2050, respectively. The analysis has an ...

Assessing the energy saving and greenhouse gas mitigation potential on the drinking water network of the Water and Wastewater Utility of Novi SadUploaded: 23 of September, 2021

Energy saving opportunitites have been assessed on the drinking water network of the Novi Sad Water Utility Company (Vodovod i kanalizacija Novi Sad, ViKNS) and analysed to see if they are economically viable, that is, if benefits (in the form of saved ...

Modelling energy and greenhouse gas emission reduction pathways for AlbaniaUploaded: 19 of May, 2021

The outcome of the project “Modeling Energy and Greenhouse Gas Emission Pathways in Albania” is an energy model that will help Albania in developing climate and energy policies, thus improving the effectiveness of planning and, indirectly, the ...

Forecasting the Hungarian imbalance settlement prices using market modellingUploaded: 29 of January, 2021

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 2040Uploaded: 25 of January, 2021

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 ...