Tag / electricity markets

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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 ...

Renewable energy use in Hungary – The benefit of latecomers?Budapest Management ReviewResearch paper

In Hungary, renewable energy consumption is predominantly biomass in the form of firewood for household heating. This stock has allowed the country to remain on track with its renewable target for the last fifteen years despite avoiding the promotion of ...

Electric tango – Turning points in the regulation of the Hungarian electricity sectorBudapest Management ReviewResearch paper

The process of structural reforms, market design changes and regulatory measures of the Hungarian electricity sector can be described as the machinations and the character of a tango in the last 30 years; fast dynamic moves back and forward, with side ...

Analysis of the procurement period on the Hungarian balancing capacity markets.Analysis

In this project we compared the potential advantages, disadvantages and risks of the different procurement periods and their combinations from different aspects, and we elaborated suggestions concerning the introdution of daily reserve capacity tenders.

The UK’s August 9 blackout: Why did it happen and what can we learn?16.30-18.30. REKK Energy Futures VI.Event

The aim of the REKK Energy Futures seminars is to focus on emerging policy issues related to the 'Energy Transition'. For each occasion, we invite one or two prominent experts to address topics such as the role of energy storage; decarbonization of the ...

Analysing and evaluating the Hungarian regulatory energy and capacity marketsAnalysis

The study analysed the regulatory reserve market in Hungary between 2017 and 2019 and formed recommendations for the possible modification of the procurement methodology. Besides the Hungarian market, we also analysed balancing markets of some relevant ...

Financing issues of RES-E auctionsEvent

The aim of the event was to discuss open questions related to RES-E tender financing.

The Southeast European power system in 2030 - Flexibility challenges and benefits from regional integrationAgora Energiawende publicationResearch paper

This report takes a deeper look at the future of regional market integration for power systems with high shares of wind and solar in Southeast Europe (SEE). Because these technologies vary in output depending on the weather, they bring an increasedneed ...