According to the Directive 2003/54 EC from July 1, 2007 all electricity customers including households should be free to choose supplier. It is a question what will happen on the household market which until now was supplied by regional monopolies. In ...
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The course provides a thorough introduction to the methodology of price regulation and tariff setting, the underlying economic theories, and also to the practical issues and solutions. The main topics are: Financial analysis, one of the basic inputs of ...
The regulation concerning the subsidization and obligatory purchase of electricity produced in cogeneration with heat or from renewable energy sources has changed in 2008. The subsidized fund ended, but was replaced with a “green fund. ” Production is now ...
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 ...
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 ...




