The energy crisis in Europe and the war in Ukraine prompted a number of regulatory responses in the EU27. One of these responses was the so-called storage regulation, introduced in 2022 stipulating a mandatory fill-up target by 1 November each year. The ...

In a previous analysis, we already highlighted the spikes in wholesale electricity prices in our region during the summer of 2024 and discussed the main reasons behind them. In this analysis, we examine the period since then, assessing whether the early ...

This policy brief is based on the workshop titled “ Beyond Batteries – Exploring Long-Duration Electricity Storage Solutions ” co-organized by the British Embassy Budapest and REKK, which took place on January 29th, 2025. Main conclusions: Long-duration ...

Achieving a fully integrated energy market under the EU electricity target model constitutes an ongoing process. Given that the integration of wholesale markets is already at a mature stage, the next step forward is the successful integration of the ...

Building-heating related use of natural gas is highly temperature-dependent. Majority of buildings in Europe are heated with natural gas, which has been a stable and cheap fuel for the early 2000’s. Russia’s war in Ukraine and the curtailment of Russian ...

This summer we have seen particularly high electricity prices in the evening hours not only in Hungary but also in a relatively wider region. Possible causes include both domestic and regional factors, as well as supply and demand side factors. In the ...

In response to Russia’s unprovoked invasion of Ukraine, the EU rolled out a number of sanctions targeting the Russian economy. Until the 14th sanctions package, none included restrictions on Russian pipeline gas or LNG. In June 2024, the 14th sanction ...

The current compensation scheme (net-metering) applied to small household power plants in Hungary will be phased out for new users by the end of 2023 at the latest. However, details of the new scheme have not yet been disclosed by the legislator. The ...

This policy brief is based on the discussion titled “ Flexibility, Energy Storage and Demand Side Response - Knowledge sharing between the United Kingdom and Hungary to enhance energy security workshop ”, which took place March 16th, 2023. Main ...

The flexibility provided by Demand Side Response (DSR) is indispensable for electricity systems with substantial variable energy resources to operate safely and ensure the delivery of reliable and affordable energy to consumers while pushing fossil fuels ...