Tag / EPMM

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Energy procurement consultingAnalysis

We provided consulting services for AUDI HUNGARIA Zrt. in developing its electricity and natural gas procurement strategy. During the project, we analysed historical data to identify trends in wholesale energy prices and seasonal patterns. We compiled ...

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 ...

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 ...

Wholesale electricity price forecast in Romania until 2040Analysis

In the framework contract, we carry out twice a year natural gas and electricity price forecasts for Romania, using the European Gas Market Model (EGMM) and the European Power Market Model (EPMM). The evolution of the electricity mix in Romania under ...

Hungary wholesale electricity price forecast until 2040Analysis

In the framework contract, we carry out twice a year natural gas and electricity price forecasts for Hungary, using the European Gas Market Model (EGMM) and the European Power Market Model (EPMM). The evolution of the electricity mix in Hungary under ...

Wind instead of gas? What effects would 3 GW of new wind capacity have in Hungary?Analysis

REKK was involved in Energiaklub's project "Wind energy for Hungary! ", where we analysed the possible effects of new wind capacities in Hungary on the electricity sector. We used our European Power Market Model (EPMM) to quantify the effects of maximum 3 ...

Possibilities for phasing out Russian gas from the EU energy supply for the winters of 22/23 & 23/24Research paper

The aim of this policy brief is to assess the impact of a full Russian gas cut scenario on the EU27 gas bill, supply mix and utilization of LNG infrastructure in the current (2022/23) and the next storage year (2023/24).

Hatással van-e a verseny intenzitása a megújuló aukciókon kialakult árakra?Research paper

A megújuló aukciók viszonylatában kulcsfontosságú tényező a verseny intenzitása. Elemzésünk központi kérdése hét esettanulmány vizsgálatán keresztül, hogy az intenzívebb verseny alacsonyabb árakat eredményez-e. Erre a kérdésre modellezés segítségével ...

Forecasting the Hungarian imbalance settlement prices using market modellingAnalysis

The aim of this project is to forecast the Hungarian imbalance settlement prices in a 15-year time horizon. The forecast was carried out using market modelling in three steps. As a first step, we modelled the wholesale electricity and reserve markets ...