In this paper the vulnerability and the short term resilience of the European gas market to supply side shocks are modelled. We analyse the effect of regulatory interventions on the wholesale gas price and welfare of the most vulnerable Central and ...
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Short-term effects of the Ukrainian crisis on the security of gas supply in Central-Eastern Europe and HungaryEvent
Adrienn Selei and Borbála Takácsné Tóth presented the result of their research at the publishing event of the Competition and Regulation. In this paper the vulnerability and the short term resilience of the European gas market to supply side shocks are ...
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Hungary’s natural gas market has been singularly dominated by the Panrusgaz legacy contract since 1996, and although its expiration is delayed until closer to 2018, it is easy to see that the new agreement will be negotiated on entirely different terms.
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There are several EU documents declaring the need for more interconnectivity of the European gas networks, especially in South East Europe. Starting with the TEN-E Regulation, which sets the framework for defining projects of regional interest, to the ...
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REKK, in consultation with the International Energy Agency (IEA) carried out an assessment of the EU natural gas market’s LNG absorption capability for the Research Group of Cheniere Energy Inc. to support related business decisions of the corporation.
Methodology to evaluate CBA and CBCA proposals submitted to HEPURA based on Regulation 347/2013/EUAnalysis
Based on the CBA and CBCA methodology of ENTSO-G and ENTSO-E and ACER guidelines REKK has developed a modelling based methodology to monetize the social benefit effects of electricity and gas infrastructure projects. The methodology has been applied for ...
XIII. Summer school: introduction to energy regulation 2015BudapestEvent
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 ...
A top-down approach to identify the most important natural gas cross-border infrastructure projectsDIW Working Paper 2015Research paper
Well-conceived infrastructure development is the key to a fully integrated gas market as depicted in the Energy Union Package. Physical interconnection is the hardware that enables security of supply, which has become a particularly high priority issue ...
Constraints to increased European LNG deliveriesAnalysis
The project first identified major natural gas infrastructure and regulatory constraints to increased LNG shipments to the EU gas market. Next REKK applied its European Gas Market Model (EGMM) to assess the likely impacts of increased LNG deliveries on ...
Turkish Stream’s Implications for EU Gas Infrastructure DevelopmentNew Atlanticist 2015Research paper
Since South Stream’s termination in early December 2014, governments in Central and Southeast Europe (CSEE) have championed a litany of pan-regional pipeline proposals to carry gas from Russia’s planned delivery point in Ipsala, Turkey via the Balkans to ...
