There is an ongoing policy debate in Europe about how to select natural gas infrastructure projects for an EU-wide investment support scheme. We contribute to this debate by providing a model-based project evaluation method that addresses several ...

The paper analyses the complex welfare impacts of proposed transmission investments in the Central Eastern Europe (CEE) region with the application of the EEMM electricity model. This assessment is made at regional level, as new transmission lines have ...

The European Union's Energy Efficiency Directive calls for EU Member States to put in place ambitious energy efficiency policies and requires them to establish energy saving targets. One of the most important Articles of the Directive is Article 7, which ...

This paper analyses the impact of current generation and interconnection capacity plans on the generation mix of the five South East European countries (Albania, Bosnia and Hercegovina, Macedonia, Montenegro, Serbia) in the context of carbon price levels ...

The European Commission has proposed the target of achieving an interconnection capacity of at least 10% of the installed electricity production capacity for each Member State by 2020 in the context of the envisaged Energy Union. The underlying ...

In this paper the vulnerability and the short term resilience of the European gas market to supply side shocks are modelled. We analyse the effect of regulatory interventions on the wholesale gas price and welfare of the most vulnerable Central and ...

The aim of this working paper is to analyse the price convergence between the German (EEX) and the Hungarian (HUPX) power exchanges, in the case of hourly DAM prices. The presentation focuses on the 2011-2013 period, and three hypotheses are established ...

The chapter reviews the operation of and experience with the Water load fee (WLF) introduced in Hungary in 2004. The WLF is an effluent charge imposed on industrial facilities and wastewater utilities that discharge their effluents directly into surface ...

In this article, we demonstrate an own-developed district heating model. We simulate the Hungarian district heating sector with this tool – focusing on renewable district heating production - in different policy regimes.

The aims of the present paper are twofold. First, it analyses the applicability of the 10% interconnection indicator with respect to medium/long term security of supply and market integration: Does it accurately consider the SOS situation of the Member ...