Tag / natural gas markets

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Principles of Natural Gas Regulation 2012BudapestEvent

The aim of the course is to provide a thorough introduction of reorganizing of the gas markets, the important elements of the market supply chain, the tendencies on the market, and the security of supply. The course concludes with a brief survey of the ...

Half empty or half full?Developments on the Hungarian natural gas storage marketArticle

A noticeable tendency from the last few years has been the lower and lower capacity utilisation of the Hungarian natural gas storage facilities at the beginning of the withdrawal period. Even though the volume of gas withdrawn from the storage sites to ...

Divergent oil and gas prices: breaking a handcuff or opening the arbitrage of the century?BudapestEvent

László Varró, Head of Gas, Coal and Power Markets Division at International Energy Agency presented a lecture concerning the divergent nature of oil and gas prices. The event was jointly organised by REKK and the CFA Society Hungary.

Analysing the Hungarian gas storage marketAnalysis

We have analysed the CEE region's storage market potential and effects of pricing on Hungarian storage demand using REKK's Danube Region Gas Market Model.

Estimating the welfare impacts of transmission investments by modelling regional gas and electricity marketsCIEP Workshop Modelling CBA of Infrastructure Investment, The HagueEvent

Péter Kaderják presented the Danube Region Gas Market Model (DRGMM) and the European Electricity Market Model (EEMM). Using these modelling tools, a list of gas infrastructure priority projects for the Danube Region and a list of electricity transmission ...

Forecasting Hungarian gas consumption between 2012-2015Analysis

In this study we present Hungarian natural gas consumption trends in the past few years and also predict consumption until 2015. We forecast gas consumption separately for three segments: Residential and services sectorElectricity production and district ...

How could gas become cheaper in Central and Eastern Europe?Article

In connection with the Ukrainian-Russian gas dispute of January 2009 the transit pipeline leading to Central Europe was turned off for a few days, instantly bringing the security of supply related exposure of the former Socialist countries to spotlight.

TOP or TOPless beyond 2015?Future of the Hungarian natural gas market beyond the long term contractArticle

The long term Take-or-pay (TOP) contract that was signed between Gazprom and MOL in 1996, and which even today serves as the backbone of the supply side of the domestic natural gas market, will expire in 2014-15, opening up the opportunity to ...

Gazprom and the natural gas markets of the East Baltic StatesAnalysis

Vija Pakalkaite, Master student of CEU Economic Policy in the Global Markets, made an internship at the Regional Centre for Energy Policy Research (REKK) in the summer of 2011. This working paper on the Baltic natural gas markets is the result of her ...

X. Summer school: introduction to energy regulation 2012BudapestEvent

This 5-day training course will be organised into thematic modules focusing on the hottest issues of energy sector regulation. The training program combines “classic” regulation under the traditional vertically integrated industry structure with ...