Tag / electricity markets

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Economic simulation games for educational purposesAnalysis

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 ...

Regional market model for derived energy productsAnalysis

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 ...

The technical and economic possibilities of demand side participation on the ancillary services marketAnalysis

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 ...

Free market or rigged auctions?Analysis

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 Effect of the Regional Integration of Electricity Markets on the Market Power of Power PlantsCompetition and Regulation 2015Research paper

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 ...

Effect of renewable energy sources on energy production and regulationEnergy policy and Environmental Protection Conference, BudapestEvent

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 ...

V. Summer school: introduction to energy regulation 2007BudapestEvent

This 5-day training course will be organised into thematic modules focusing on the hottest issues of energy sector regulation. The training program combines “classic” regulation under the traditional vertically integrated industry structure with ...

New Commissioner Training Program 2007BudapestEvent

The ERRA New Commissioner Seminar provides a structured and relaxed training opportunity for newly appointed regulatory chairman, presidents and commissioners in five outstanding topics highly relevant for senior energy regulators. It gives a brief ...

Introduction to energy regulationBudapestEvent

This 5-day training course will be organised into thematic modules focusing on the hottest issues of energy sector regulation. The training program combines “classic” regulation under the traditional vertically integrated industry structure with ...

Forecast of electricity prices for 2008Analysis

Our study aims to answer the question: what electricity prices will be in the Hungarian wholesale and retail electricity market in 2007 and in 2008. There were several difficulties to be solved in the forecast, the most important was the determination of ...