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In this section we listed our papers published in academic journals, books and other pieces not published by REKK.

V4 in the times of unprecedented challenges and changes on the gas marketworking papersPublished: 17 of January, 2024

Russia's war against Ukraine and the ensuing state of de facto energy war between Russia and the West have had unprecedented consequences for European and global energy markets including, above all, the natural gas market. On the one hand, it reinforces ...

Outlook for RES integration in Visegrad countriesworking papersPublished: 15 of January, 2024

Solar installations have been booming in Hungary and Poland in recent years and all Visegrad group countries are anticipating significant growth in variable renewable energy capacity by 2030, introducing the challenge and opportunity of surplus ...

Decarbonisation of the Household Heating Sector in the Visegrad Countriesworking papersPublished: 14 of November, 2023

Our study provides a detailed overview of the current state of the residential heating sector in the Visegrad countries (V4 - Slovakia, Hungary, Czechia, Poland) in order to inform recommendations to reduce emissions from this challenging but high ...

V4 Fiscal Response to the Energy Crisisworking papersPublished: 14 of November, 2023

In the past two years, the energy markets have experienced the biggest fluctuations in the last few decades, leading to an unprecedented period of record-breaking prices. Prices of some commodities rose more than tenfold compared to the long-term ...

The role of price incentives in enhancing carbon sequestration in the forestry sector of HungaryForest Policy and Economics - scholarly articlesPublished: 13 of November, 2023

This paper investigates the carbon sequestration potential of forests in Hungary through the introduction of a carbon price incentive, assuming an integrative national climate policy. We have developed a bio-economic mathematical optimisation model (FOX ...

Selection bias in multi-technology auctions: How to quantify and assess efficiency implications in renewable energy auctionsEnergy Policy - scholarly articlesPublished: 3 of November, 2023

This paper provides a framework to measure technology selection bias in multi-technology renewable energy auctions. Under selection bias we mean that the auction rules favour a certain technology in some way. To quantify the bias, the difference in ...

Projects of common interest? Evaluation of European electricity interconnectorsUtilities Policy - scholarly articlesPublished: 8 of August, 2023

This paper evaluates the new electricity interconnection projects on the fifth list of Energy Projects of Common Interest. A cost-benefit analysis is carried out with electricity market modelling. The results show that out of the 13 planned lines, 12 are ...

Designing a future-proof gas and hydrogen infrastructure for Europe – A modelling-based approachscholarly articlesPublished: 9 of July, 2023

Hydrogen has been at the centre of attention since the EU kicked-off its decarbonization agenda at full speed. Many consider it a silver bullet for the deep decarbonization of technically challenging sectors and industries, but it is also an attractive ...

Measuring the benefits of cross-border renewable auctions in Central and Eastern Europe — The theoretical case of HungaryEnergy Reports 2023 - scholarly articlesPublished: 25 of April, 2023

Economic theory suggests that significant benefits can be realized, if two or more countries integrate their renewable support schemes and capitalize on the lowest cost renewable energy projects in merged markets. Hungary is one of the Central and ...

The cost of (climate) independence - estimating the abatement cost of greenhouse gas emission in Hungary with the HU-TIMES modelEconomic Review - scholarly articlesPublished: 16 of January, 2023

According to its National Clean Development Strategy, Hungary will become a climate neutral country by 2050. The focus of this paper is to estimate the associated abatement costs in regards to the Hungarian energy sector for 2050, by using the Hungarian ...