Tag / CO2

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The cost of (climate) independence - estimating the abatement cost of greenhouse gas emission in Hungary with the HU-TIMES modelEconomic ReviewResearch paper

According to its National Clean Development Strategy, Hungary will become a climate neutral country by 2050. The focus of this paper is to estimate the associated abatement costs in regards to the Hungarian energy sector for 2050, by using the Hungarian ...

Policy Proposal for an Effective and Just EU-Wide Regulation to Reduce Greenhouse Gas Emissions From HouseholdsAnalysis

As part of the European Green Deal Fit for 55 package, the European Commission has pro-posed a dedicated emissions trading scheme (ETS2) targeting greenhouse gas emissions from the buildings and transportation sectors. The goal of this study is to ...

Assessment of the impacts of CBAM and carbon pricing on the electricity markets of the Energy Community Contracting PartiesAnalysis

In July 2021 the European Commission published a proposal for the so-called Fit for 55 legislative Package, including the Regulation establishing a Carbon Border Adjustment Mechanism (CBAM). The primary purpose of the regulation is to address the risk of ...

CACTUS research project - Strengthening central and eastern european climate targets through energy sufficiencyAnalysis

The project investigated the possible role of energy sufficiency policies in reaching national climate goals in Hungary and Lithuania. Drawing on estimated sufficiency potentials in literature and historic consumption trends, it proposes sufficient ...

Energy systems and climate mitigation - Key Findings of the contribution of WGIII to the IPCC 6th Assessment ReportREKK Energy Futures workshop, 9:30 - 11:30 am CETEvent

The Intergovernmental Panel on Climate Change (IPCC), the United Nations body for assessing the science related to climate change, is currently producing its Sixth Assessment Report (AR6). The contribution to the Sixth Assessment Report by Working Group ...

Is border carbon adjustment the right tool for the power sector?Climate PolicyResearch paper

Carbon leakage occurs in any carbon pricing regime that is not global, which means all of them so far. That is inherently unfair to sectors that are subject to a carbon price but compete with those that are not. The European Green Deal aims to rectify ...

Assessing the energy saving and greenhouse gas mitigation potential on the drinking water network of the Water and Wastewater Utility of Novi SadAnalysis

Energy saving opportunitites have been assessed on the drinking water network of the Novi Sad Water Utility Company (Vodovod i kanalizacija Novi Sad, ViKNS) and analysed to see if they are economically viable, that is, if benefits (in the form of saved ...

The future of carbon pricing10:00 am - 12:15 pm and 2:00 pm - 4:15 pm CET, Regional Energy Policy ForumEvent

An effective pricing mechanism for carbon is fundamental to achieving the 1. 5°C goal outlined by the Paris Agreement. The European Commission’s Emissions Trading Scheme (EU ETS) has set a precedent worldwide but has also faced some criticisms. The ...

Modelling energy and greenhouse gas emission reduction pathways for AlbaniaAnalysis

The outcome of the project “Modeling Energy and Greenhouse Gas Emission Pathways in Albania” is an energy model that will help Albania in developing climate and energy policies, thus improving the effectiveness of planning and, indirectly, the ...

Providing modelling support for the National Clean Development Strategy of HungaryAnalysis

National Clean Development Strategy is a strategic document that all the Member States have to carried out, demonstrating how the 2050 GHG net zero emission target can be reached. REKK provided modelling support and leading the development of low-carbon ...