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 ...

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 ...

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 ...

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 ...

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 ...

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 ...

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 ...

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 ...

Natural gas prices worldwide increased on the back of the COVID economic recovery in 2021. European prices skyrocketed when the dominant external supplier, Gazprom, started to withhold supplies in Q4 2021. This analysis uses market modelling to assess ...

Economic development and rising welfare lead to higher demand for energy services, which can limit or even negate the results of costly energy efficiency (EE) upgrades. At present, some consumption patterns in Central and Eastern European countries are ...