Tag / energy prices

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Energy Costs and Cost Competitiveness in the Manufacturing SectorEconomic ReviewResearch paper

The relationship between energy costs and the competitiveness of manufacturing companies has been attracting the interest of researchers and decision-makers for decades. In the early 2010s the issue received renewed attention, mainly due to the increased ...

Overview of the European Wholesale Electricity SectorArticle

In this article, we highlight the main trends and developments in the European wholesale electricity market since 2015, looking at variations in electricity consumption and the fuel mix, the latter driven by relative fuel prices, and economics of ...

Relationships among oil price, wholesale and end-user gas pricesMagyar Energetika 2017/2Research paper

The European Commission's proposed regulatory package of November 2016 revitalised the Hungarian goverment's rhetorics of "defending the utility bill cuts," and the debate about the financing of these cuts.This article reviews how the Hungarian gas price ...

Power market modelArticle

One of the most important elements of the winter package is the proposal for the modification of the regulation on reforms of electricity markets. While referred to as the new market model, it is essentially no different from the current European model ...

Analysing the 2017 January price hike in HUPXResearch paper

In 2017 January, extremly high prices were observed in the Hungarian power exchange. On 11 January, the baseload power price was traded on 300 €/MWh in some hours, while in the neighboring countries – except for Serbia and Croatia – prices were floating ...

The Impact Of The Construction Of The Nord Stream 2 Gas Pipeline On Gas Prices And CompetitionCompetition and Regulation 2016Research paper

The paper analyses the effects of Nord Stream 2 on the wholesale natural gas prices of European countries and the European gas market competition. We also assess the effect of this new infrastructure on the planned PCI projects of Central and Eastern ...

The effects of constructing Nord Stream 2 on the European natural gas prices and competitionCompetition and Regulation conference, BudapestEvent

Peter Kotek presented REKK's findings on the expansion of Nord Stream. Based on our modelling results, Nord Stream expansion and the subsequent rerouting of long-term contracts and modification of delivery points would crowd out spot gas and increase ...

Market modelling of Nord Stream 2Different perspectives on Nord Stream II, BrusselsEvent

Borbála Takácsné Tóth presented REKK's findings on Nord Stream 2 at Bruegel's conference. Video and audio recordings are available at Bruegel's website.

Energy and Competitiveness in HungaryAnalysis

The study explores the relationship between energy costs and competitiveness. Energy costs of firms grow with energy prices, but can be mitigated by efficiency improvements, which can be measured by changes in energy intensity over time. The study ...