Our study has two aims: first, it attempts to discover the true reason for the price increase in 2008, and second, it seeks to examine what prices could have emerged in the Hungarian market if the structure of the market had been more competitive. To ...
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Liberalisation of the electricity sector has been a very important development worldwide in the past two decades, and is still an ongoing process in many transition countries. This course aims to provide a thorough introduction to the most important ...
In this study, we discuss the factor most often referred to when explaining the reasons for the significant increases recently experienced in Hungarian electricity prices: the situation in the South-East European power markets and its impact on the ...
Kaleidoscope 2007 - sponsored and supported by the Hungarian Competition Authority - summarizes the most important developments regarding competition in Hungary and includes a more detailed analysis of selected sectors. REKK staff presented the article ...
With the support of the Competition Culture Center of the HCA, we have developed several simulation games to practice and verify the results and predictions of economic theories in the fields of industrial organization and price regulation. The ...
We build an economic model that simulates the strategic wholesale market interactions between producers of derived energy products in Central, Eastern, and South-East Europe. The model takes into account the simplified production technologies of the ...
In our paper we analyze the possibilities to stimulate demand side actors' participation on the domestic ancillary services market. In the first part of the paper we introduce the concept of demand side participation in providing ancillary reserves, and ...
The smoke is still rising from the electricity auction of the Hungarian Electricity Works (Magyar Villamos Művek, MVM) which took place on October 25th. According to the first – informal – news a price of 65 €/MWh (16. 3 Ft/kWh) the base load of next ...
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 ...
Gabriella Szajkó presented at the MTA Energy Policy-Environmental Protection conference on the network integration of renewables, support schemes and the possibilities of a pumped storage plant in Hungary. Slides of the presentation can be downloaded from ...