László Paizs obtained his degree in economics from the Budapest University of Economic Sciences and his PhD from Central European University in 2007. Since 2001, he has worked as a research assistant, and since 2008, as a research fellow at the Institute of Economics of the Centre for Economic and Regional Studies of the Hungarian Academy of Sciences (MTA KRTK). As a founding member of REKK, he has been engaged in energy market consulting since 2004, primarily focusing on the economic modeling of electricity and gas markets.