REKK has organised its second scholarship competition with the support of Bakony Power Plant. The competition was open for university students. The following topics were suggested for analysis:

• Fuel biomass markets in Hungary, focusing on fuelwood and corn
• Temperature dependance in electricity consumption, the example of summer 2006 and 2007
• Economic indicators of Hungary’s energy dependence, compared to three EU member states (one of them Romania, Slovakia, Austria or Slovenia)
• Economic modelling of ownership issues of the TSO
• Is state support necessary for pumped storage power plant construction?
• EU emission right trade prices in the second stage
• Effect of price cap regulation on the investment activity of the regulated company
• Effect of political cycles on the tariff setting of utilities in Hungary
• Socially optimal use of cross-border electricity trade, or „should we close the borders if electricity is cheaper than int he neighborhood?”

13 papers were submitted for the competition.

Awards:

I. prize - Péter Kotek: Effect of political cycles on residential natural gas tariff setting

II. prize - Katalin Springel: Economic modelling of ownership issues of the TSO

III. prize - Orsolya Scultéty : Effect of energetic use of fuelwood on the Hungarian fuelwood market