The EU published its LNG and gas storage strategy on 16 February with the main conclusion that the creation of liquid and competitive markets to enable LNG is indispensable to achieving a real Energy Union. The document also stated that while some Member ...
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Possible reasons for the difference between HUPX and EEX DAM pricesYoung Energy Economists and Engineers Seminar, MadridEvent
The aim of this presentation is to analyse the price convergence between the German (EEX) and the Hungarian (HUPX) power exchanges, in the case of hourly DAM prices. The presentation focuses on the 2011-2013 period, and three hypotheses are established ...
Possible reasons for the difference between HUPX and EEX DAM pricesResearch paper
The aim of this working paper is to analyse the price convergence between the German (EEX) and the Hungarian (HUPX) power exchanges, in the case of hourly DAM prices. The presentation focuses on the 2011-2013 period, and three hypotheses are established ...
The assessment of 10 % interconnection target: security of supply, market integration and CO2 impactsDIW Working Paper 2015Research paper
The aims of the present paper are twofold. First, it analyses the applicability of the 10% interconnection indicator with respect to medium/long term security of supply and market integration: Does it accurately consider the SOS situation of the Member ...
A short review of power exchangesArticle
Our analysis is about European power exchanges, which in the recent years due to market coupling projects turned into the primary tool of market integration. Close cooperation of national power markets in the same time creates a fierce competition ...
Gas market integration in Central EuropeExcerpt of the workshop organized by the Regional Centre for Energy Research (REKK) in BudapestArticle
Our article sums up the conclusions from our March workshop where we examined the opportunities for gas market integration within the Visegrad Four group and the advance the group has made so far. At the workshop, among others, the Polish V4 presidency ...
Evaluation of the Czech-Slovakian-Hungarian market coupling based on the results of the first two monthsArticle
One of the objectives of the European Union is the development of an Integrated European electricity market by the end of 2014. As part of this endeavour, a lot of the member states participate in market coupling initiatives Hungary made its contribution ...
Market Coupling RevueTheoretic background of market couplingArticle
The regulation that is called market coupling in European jargon is a logical expansion of the EU regulatory reform that has been going on for over a decade now, an essential concept of which has been the so called “unbundling” policy. Unbun- dling has ...
The Effect of the Regional Integration of Electricity Markets on the Market Power of Power PlantsCompetition and Regulation 2015Research paper
The purpose of this paper is to construct a short-term economic model for the wholesale electricity market in the Central and Eastern European region - assuming conditions after a complete opening-up of the market. Among the inputs we provide an estimate ...
Finding the Barriers preventing increased cooperation and coordination in Central and Eastern EuropeAnalysis
This paper sets out to establish what are three key barriers preventing greater cooperation and coordination in the electricity markets in Central and Eastern Europe. It does this by assessing the opinions of key individuals in the region collected ...
