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A new EU regulation on gas supply security has come into forceArticle

On 2 nd December 2010 a new EU Directive aiming to improve the security of gas supply within the community came into force [Regulation (EU) No 994/2010 of the European Parliament and of the Council of 20 October 2010 concerning measures to safeguard ...

Principles of Natural Gas Regulation 2011BudapestEvent

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 ...

The moratorium on the price of universal gas service and some of its consequencesArticle

Soon after it came to office, the Government of Hungary declared a price moratorium on the energy prices under the universal service scheme. The two most important ingredients of the amendment are the following: first, the right to determine universal ...

Price regulation and tariffs 2010BudapestEvent

The course provides a thorough introduction to the methodology of price regulation and tariff setting, the underlying economic theories, and also to the practical issues and solutions. The main topics are:Financial analysis, one of the basic inputs of ...

Regulating universal service in the electricity markets of Hungary and its neighboursArticle

One of the first steps of the new government which came to power in 2010 was to transfer the complete authority to set the price of universal electricity and natural gas service to the Ministry, thereby withdrawing the power of the Hungarian Energy ...

An overview of the Hungarian natural gas sectorAnalysis

A full review of the current regulatory and market conditions was concluded. This included an outline of the demand and supply sides, with a detailed overview of domestic production and imports. The paper presented the country’s infrastructure and the ...

VIII. Summer school: introduction to energy regulation 2010BudapestEvent

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 ...

New Commissioner Training Program 2010IstanbulEvent

The ERRA New Commissioner Seminar provides a structured and relaxed training opportunity for newly appointed regulatory chairman, presidents and commissioners in five outstanding topics highly relevant for senior energy regulators. It gives a brief ...

Energy policy recommendations 2010Critics of the Hungarian electricity market regulation and recommendations for the way forwardAnalysis

The aim of this analysis is to identify the most severe industrial organization and regulatory issues which appeared since the market liberalization. Furthermore, it strives to give recommendations for the government which help the development of an ...

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.