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The paper introduces the Danube Region Gas Market Model, a network and contract constrained multi-country competitive equilibrium model and applies it to estimate the impacts of new gas infrastructure investments on market integration, social welfare and ...

In this study we carried out econometric modelling in order to identify the key drivers of electricity and gas demand in Hungary with special reference to the link between demand and GDP growth. Given the export driven nature of the present economic ...

In our study we look at the 2011/2012 allocation of the HAG pipeline, which is of primary importance regarding domestic gas prices, look at the important stages in the history of capacity distribution, and evaluate the results.

There have been a lot of changes in legislation in the past gas year which have had and will have a profound effect on the workings of the natural gas market. This article gives a brief, factual overview of regulation changes affecting the 2010/2011 gas ...

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 ...

In the study, we describe and analyze the demand characteristics, production structure and infrastructural features of Croatia’s electricity and natural gas sectors. We provide a detailed account of the status of the market liberalization process, the ...

Hungary’s gas supply security greatly depends on the long run import agreement with Russia bound to expire in the middle of the decade. The preparatory negotiations for the next agreement will probably start within the next two years. Taking the two ...

Commissioned by the Ministry of National Development, REKK has completed an economic impact assessment for Hungary’s National Energy Strategy. The impact assessment reveals the economic aspects of the government’s policies which aim to ensure a secure ...

The study makes an overview of those energy policy related issues that will challenge the Hungarian energy sector in the time horizon up to 2050. The objective of the study is to map the most important challenges in the field, in order to highlight these ...

The end of 2010 brought along a number of substantial regulatory changes within the gas sector, generating serious turmoil within the industry due to their foreseen impact. Of these the reduction of strategic gas reserves received possibly the least ...