Tag / electricity markets

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High prices in the region – can flow-based market coupling be blamed?Analysis

The project analysed the causes of the unusually large electricity price divergence between Central and South-Eastern Europe since 2024, with a particular focus on the impact of flow-based market coupling. It systematically processed JAO flow-based data ...

High Prices in the Region – Is Flow-Based Market Coupling to Blame?Research paper

The introduction of flow-based market coupling (FBMC) within the Core region represented a major step forward in European power market integration. Under the flow-based market coupling mechanism, transmission system operators manage transmission capacity ...

The impact of planned gas-based capacity expansion in the power sector of the CEE and SEE countriesAnalysis

This study analysed the impacts of the planned gas capacity expansion in the CEE region by applying a European power market model (EPMM). It focuses on four research questions: Are the planned 12-30 GW of new gas capacity needed in the sector from a ...

Study on network development planning, tariff structures and connection requests for electricity distribution gridsAnalysis

Distribution grids are critical for the energy transition: with the majority of future assets to be connected at the distribution-grid level, the decentralization and decarbonization of the energy system depend on strong and future-ready electricity ...

Neptun deep offshore production and new CCGT plans in Romania - modelling based socio-economic analysisAnalysis

In the combined gas and electricity market modelling exercise, the project aims to quantify the price impact of the Neptun Deep gasfield extraction on the Romanian gas market: the impact on consumers' gas bills, the change in electricity-based production ...

Electricity market trendsEvent

The aim of our traditional spring electricity market event is to contribute to a deeper understanding and transparency of the domestic electricity market through invited speakers and participating market players, providing a credible picture of the ...

Assessing the impact of planned gas based capacity expansion in the power sector of the CEE and SEE countriesAnalysis

The energy transition process in Central and Eastern Europe has been significantly impacted by the energy sector price crisis of 2022-2023, which was driven by developments in the gas market and the Ukraine war. This has led to a re-evaluation of the ...

Experience of the Picasso platform, expected impact of accessionResearch paper

Achieving a fully integrated energy market under the EU electricity target model constitutes an ongoing process. Given that the integration of wholesale markets is already at a mature stage, the next step forward is the successful integration of the ...

Lessons learned from the PICASSO platform and expected impacts - Closed workshopREKK WorkshopEvent

In a project funded by the European Climate Foundation (ECF), REKK analysed the results of the PICASSO platform so far and modelled the expected impact of joining the platform in the countries of the region that have not yet joined, using its own models.

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 ...