Tag / electricity markets

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Assessing the impact of planned gas based capacity expansion in the power sector of the CEE and SEE countriesAnalysis

The energy transition process in Central and Eastern Europe has been significantly impacted by the energy sector price crisis of 2022-2023, which was driven by developments in the gas market and the Ukraine war. This has led to a re-evaluation of the ...

Experience of the Picasso platform, expected impact of accessionResearch paper

Achieving a fully integrated energy market under the EU electricity target model constitutes an ongoing process. Given that the integration of wholesale markets is already at a mature stage, the next step forward is the successful integration of the ...

Lessons learned from the PICASSO platform and expected impacts - Closed workshopREKK WorkshopEvent

In a project funded by the European Climate Foundation (ECF), REKK analysed the results of the PICASSO platform so far and modelled the expected impact of joining the platform in the countries of the region that have not yet joined, using its own models.

Electricity prices of €1000 in the summer eveningsResearch paper

This summer we have seen particularly high electricity prices in the evening hours not only in Hungary but also in a relatively wider region. Possible causes include both domestic and regional factors, as well as supply and demand side factors. In the ...

Electricity prices of €1000 during the summer evening hoursREKK Market Monitoring ClubEvent

At REKK MarketMonitoring Club events, we analyse current energy market issues with a small group of key players in the sector. This summer we have seen particularly high electricity prices in the evening in the Hungarian electricity market. Reasons ...

Impacts of large-scale deployment of vertical bifacial photovoltaics on European electricity market dynamicsNature CommunicationsResearch paper

Self-sufficiency, climate change and increasing geopolitical risks have driven energy policies to make renewable energy sources dominant in the power production portfolios. The initial boom in the mid-2000s of global photovoltaic installations ...

Comparision of CFD related best practices within EuropeAnalysis

The analysis is part of a larger project with the ultimate goal of making recommendations for the development of Austrian renewable auctions. In the research, REKK examines the characteristics of eight European CfD-based renewable auction systems ...

Analysis of the changing regulatory landscape of household self-consumptionAnalysis

Self-consumption of solar energy will play an important role in achieving the European Union’s net-zero target by involving consumers, increasing renewable deployment, providing additional sites for installations, mobilising new financial resources, and ...

Modelling and energy policy analysis of the Romanian electricity marketAnalysis

During the project, we used the EPMM model to examine various scenarios for the Romanian electricity market. The main question of the analysis was whether the decarbonization of Romania's electricity market is achievable by 2040. To address this, we ...

Modelling and energy policy analsyis of the Romanian electricity marketAnalysis

The aim of the project was to model the Romanian electricity market until 2040. The analysis examined how realistic the goal of decarbonization is for Romania by 2040 in the electricity market, and how realistic the objectives related to the electricity ...