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 ...

Between 2013 and 2020 the EU set up a complex institutional system to select and support the implementation of energy infrastructure projects that are of European interest (PCIs). EUR 1. 4 billion EU support was awarded to 16 natural gas projects between ...

This article presents a comprehensive approach to design hydrogen supply chains (HSCs) targeting industrial and mobility markets. Even if the inclusion of sustainability criteria is paramount, only a few studies simultaneously consider economic ...

Carbon leakage occurs in any carbon pricing regime that is not global, which means all of them so far. That is inherently unfair to sectors that are subject to a carbon price but compete with those that are not. The European Green Deal aims to rectify ...

Predictable access to sufficient water is one of the cornerstones of social well-being, but unlimited resources are available to a lower and lower extent in much of the world. Hungary's position is good for the time being, but there are signs of ...