Tag / natural gas markets

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A modelling-based assessment of EU supported natural gas projects of common interestEnergy Policy volume 166 (2022)Research paper

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 ...

Opinion brief to the upcoming Energy Council of September 9, 2022Proposal to manage the current EU energy market crisis in a fair and market compatible manner by introducing a ‘skimming mechanism’ in the form of a fee added to the current regulated cross-border gas entry tariff for pipeline gas suppliers to the EUResearch paper

The origin of the current EU energy market crisis is the manipulation of its natural gas market. Extreme gas wholesale prices are direct consequences of the withholding of Russian gas deliveries to the European market. As extreme gas prices spill over to ...

Assessment of different options of reduction of Russian gas dependence of a Hungarian industrial consumerAnalysis

The Russian - Ukrainian war, that started February 2022 has increased the possibility of a gas supply cut to a serious risk in Hungary. In our analysis we assessed different options of energy storage that could help to sustain partly or entirely the ...

Quick and dirty? Evaluating short-term gas demand reduction potential in EuropeResearch paper

Our previous policy brief (REKK 01/2022) examined supply side options to substitute for Russian gas, finding short-term alternative pipeline sources to be maximized and additional LNG volumes limited. An additional 500 TWh/year (~50 bcm/year) of EU LNG ...

Russia’s energy weapon – Examining how a reduction of gas exports can impact European pricesPolicy BriefResearch paper

The 24 February 2022 Russian invasion of Ukraine marks a new epoch in modern history. The first days of the war moved many Western countries to impose economic sanctions on Russia despite the leverage it has over Europe with energy supplies, especially ...

Transmission tariff calculation for the Moldav natural gas systemAnalysis

The purpose of the project was to support Moldovan authorities in tariff setting for natural gas transmission activity. The task is particularly timely and relevant, as ANRE (the regulator) has already transposed in its Natural Gas Network Code the ...

National Hydrogen Strategies - Implementation pathways and modelling resultsHydrogen developments in the Visegrad CountriesEvent

Hydrogen is expected to play a crucial role in the decarbonisation of our economies. At the online event - organised by the Ministry of Innovation and Technology, Hungary and the V4 Energy Think Tank Platform - we focused on the latest H2-related ...

The role of natural gas in the V4 Region under the Fit for 55 packageCentral European Energy Conference 2021, BratislavaEvent

The importance of natural gas infrastructure has been the common denominator of V4 security of supply related energy policy discussion and agenda setting for a long time. The heated geopolitical tension around the flows of the Ukrainian route and the ...

Gas market trends in 2021Event

At the online workshop we analysed last year's trends of the Hungarian and regional gas markets. Invited experts discussed in the panel last year's and next year's challenges. The language of the workshop was Hungarian. Please find the presentations and ...

Is Russia to blame for high European gas prices?Reasons behind the high gas prices and the way ahead in 2022Research paper

Since March 2021 the European wholesale natural gas price has rose steadily above the pre-COVID 2019 levels reaching hights never seen before, leading to gas to coal switch in the power production and demand reduction in industrial production. Analysing ...