Tag / electricity markets

Related analyzes

Modelling the expansion of wind energy in HungaryUploaded: 23 of May, 2024

The aim of this study is to analyse the market impacts of wind capacity expansion in Hungary. Using REKK's European Power Market Model (EPMM), we investigate how different wind investment scenarios combined with different PV capacities affect the ...

Assessment of the Armenian Network CodesUploaded: 19 of February, 2024

REKK, in collaboration with Potomac Economics, conducted an assessment of the codes and regulations governing the newly liberalised Armenian electricity market: the Wholesale Electricity Market Rules, the Retail Electricity Market Trading Rules, the ...

Energy Strategy of the Republic of KosovoUploaded: 12 of February, 2024

The project developed the Kosovo Energy Strategy 2022-2031, coordinated by the Kosovo Ministry of Energy, using the EPMM electricity model. The main focus of the strategy was the electricity market analysis, but it also covers the areasof energy ...

Study on the forecast of battery storage market services in Hungary, Slovakia and CroatiaUploaded: 26 of January, 2024

The aim of the project is to facilitate the analysis of the business potential of battery storages. For Hungary, Slovakia and Croatia, we have forecasted the expected level of regulatory reserve procurements, as well as wholesale electricity prices ...

Hungarian ancillary services market developments for PV and BESSUploaded: 26 of January, 2024

In the course of the project, REKK, in cooperation with DNV, carried out payback calculations for PV and battery storage. In addition to the analysis of the Hungarian balancing reserve and energy markets, REKK provided wholesale electricity prices ...

Study on the wind power potential in HungaryUploaded: 13 of December, 2023

Within Europe as well as globally wind and solar energy are acknowledged as the key renewable energy sources for supplying our future demand for energy, done with proven and cost-effective conversion technologies that serve for the provision of ...

Study on the performance of support for electricity from renewable sources granted by means of tendering procedures in the UnionUploaded: 23 of February, 2023

Article 4 (8) of Directive (EU) 2018/2001 (RED II) mandates the European Commission (EC) to assess the performance of renewable support schemes granted through competitive tenders. The objective of this study was to assist the EC in reporting to the ...

The possibilities of phasing out Russian gas in the Danube RegionUploaded: 23 of November, 2022

In the framework of this project, the short and long-term potential of the reduction of Russian gas dependency of the Danube Region as a whole and of individual countries has been analyzed. Draft results have been discussed with experts of international ...

Market Monitoring in UkraineUploaded: 21 of October, 2022

REKK, together with Potomac Economics completed a Market Monitoring manual for the electricity market of Ukraine, and a Market Monitoring report for the gas markets of Ukraine. This Wholesale Market Monitoring Manual (“Manual”) specified various ...

Evaluating the business model of battery storage investment in HungaryUploaded: 7 of October, 2022

In this analysis we evaluate the business model of different types of battery storage systems on the Hungarian power market. We quantify the expected revenues from the wholesale market and the ancillary services market (using EPMM) and from the balancing ...