Tag / natural gas markets

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Overview of the Third Legislative PackageArticle

In our article we present a review of the most important aspects of the Third Package, the Community regulation which determines the functioning of the internal electricity and natural gas markets.

Impact of gas market model change on pricesArticle

Hungary went through a gas market model change on 1 July, at the beginning of the new gas year. Not long before this event, the government and the domestic gas wholesalers concluded an agreement on the settlement of losses accumulated in the previous ...

VII. Summer school: introduction to energy regulation 2009BudapestEvent

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 ...

Hungarian gas demandArticle

The gas crisis in January 2009 caught the attention of the public. The domestic use of gas can be broken down to three parts from demand side: residential and communal consumption, industrial consumption and consumption for electricity and heat ...

Prospects of the Hungarian gas storage marketArticle

Western Europe including Germany, Spain and the Netherlands in particular, witnessed a considerable wave in gas storage construction in the recent years. Investment decisions were backed by the assumption of an increasing gas demand and the growing role ...

Regional effects of the gas crisis in JanuaryArticle

Between January 7th and 19th of this year the transit of Russian gas to Europe through the Ukraine was halted. This was the most serious European gas crisis to have happened since the start of Russian gas transmission decades earlier. The effect of the ...

Hungarian gas releaseArticle

E.ON Földgáz Trade Zrt. hold its fourth yearly natural gas auction on 6 March 2009. The event is important because the natural gas sold transparently on the auction accounts for a significant proportion of the gas sold on the Hungarian free market. In ...

Status report on the regulatory background of gas marketArticle

The Act 40 of 2008 on the Supply of Natural Gas (hereinafter: the New Gas Act) was passed by Parliament on 8 June 2008. The New Gas Act introduced several - well-known - changes relative to the previous operational model, however, various details remain ...

Country Studies of Romanian and Hungarian electricity and gas marketsAnalysis

A full review of the legislative, regulatory and market conditions currently and projected over the next 3 to 5 years. This included comparing Romanian electricity prices on both the regulated market and those between OPCOM and EEX. Similar analysis was ...

The possibility of gas storage competition in HungaryAnalysis

This study is about the Hungarian and the European gas storage markets, with emphasis on capacity and access regulations. In the domestic gas storage market there is only one participant, E-On., thus the access price is regulated. We try to answer the ...