Tag / electricity markets

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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 ...

Modelling the expansion of wind energy in HungaryAnalysis

The aim of this study is to analyse the market impacts of wind capacity expansion in Hungary. Using REKK's European Power Market Model (EPMM), we investigate how different wind investment scenarios combined with different PV capacities affect the ...

Assessment of the Armenian Network CodesAnalysis

REKK, in collaboration with Potomac Economics, conducted an assessment of the codes and regulations governing the newly liberalised Armenian electricity market: the Wholesale Electricity Market Rules, the Retail Electricity Market Trading Rules, the ...

Energy Strategy of the Republic of KosovoAnalysis

The project developed the Kosovo Energy Strategy 2022-2031, coordinated by the Kosovo Ministry of Energy, using the EPMM electricity model. The main focus of the strategy was the electricity market analysis, but it also covers the areasof energy ...