Tag / electricity markets

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The role of Power-to-Gas in the energy value chainA true contender for the energy storage and deep decarbonisation challengeResearch paper

Following the thought-provoking debate at the REKK Power-To-Gas Forum in February 2020 this brief explains how Power-To-Gas technology can be a viable solution for excess RES electricity and eventually allow natural gas infrastructure to have a second ...

Electricity market trends in 201916.00-17.45 Online WorkshopEvent

At the workshop we analysed the last year's trends of the Hungarian and regional electricity markets. This year we covered not only wholesale markets but also retail market trends.

Accelerated lignite exit in Bulgaria, Romania and GreeceAnalysis

In light of the ambitious targets of the Paris Agreement and highly ambitious long term decarbonisation goals set by the European Green Deal, a critical question for decision-makers is how to sustain a coal and lignite phase-out that is as swift as ...

Environmental assessment of future electricity mix – Linking an hourly economic model with LCAJournal of Cleaner ProductionResearch paper

Life Cycle Assessment (LCA) is an increasingly widespread method for the environmental accounting of products and services. Since almost all production processes use grid electricity, the environmental impact of power generation plays a key role in LCA.

How COVID-19 affects European and Hungarian electricity markets16.00-17.30 Online WorkshopEvent

Lockdown measures due to the COVID-19 pandemy affect also energy markets. Short-term effects are already visible, but long-term effects will also follow. During the online webinar we analysed the already experienced drop in electricity demand, the ...

Electricity wholesale price forecast for Romania until 2040Analysis

The aim of the study was to forecast the Romania baseload wholesale electricity price, the market value of PV and wind production and the electricity mix until 2040, using the REKK-developed European Electricity Market Model. Besides the reference ...

MVM Regional strategy supportAnalysis

The aim of the project was to support the MVM 2019-25 Regional strategy, by ensuring regional modelling results for the country cases. The 2030 electricity modelling ensured several key outputs for the regional market anaylsis (i. e. wholesale electricity ...

Coexistence of nuclear and renewables in the V4 electricity system: Friends or enemies?Research paper

The paper examines the interactions between nuclear and variable renewable generation capacities (vRES) under various assumptions in the broader V4 region. Four exploratory scenarios are analysed with high and low penetration levels of vRES and nuclear ...

The model behind the Hungarian NECP - Presentation of the HU-TIMES model14.00-17.00 WorkshopEvent

In January 2020 parallel to the Hungarian Energy Strategy the National Energy and Climate Action Plan (NECP) was published. The NECP – which gives an outlook of the Hungarian energy sector till 2040 – is based on the results of the HU-TIMES model ...

REKK-15: The past and next 15 years in the energy and water utility sectorsEvent

The research team of REKK celebrates the 15th anniversary of REKK with six brand new publications. We present our findings in the first part of the event, providing new analysis about the Hungarian electricity, natural gas, renewable energy and water ...