Natural gas prices worldwide increased on the back of the COVID economic recovery in 2021. European prices skyrocketed when the dominant external supplier, Gazprom, started to withhold supplies in Q4 2021. This analysis uses market modelling to assess ...
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What can the EU do to address the high natural gas prices?Energy Policy - scholarly articlesPublished: 12 of December, 2022
A modelling-based assessment of EU supported natural gas projects of common interestEnergy Policy volume 166 (2022) - scholarly articlesPublished: 9 of September, 2022
Between 2013 and 2020 the EU set up a complex institutional system to select and support the implementation of energy infrastructure projects that are of European interest (PCIs). EUR 1. 4 billion EU support was awarded to 16 natural gas projects between ...
Rerouting Europe's gas transit landscape - Effects of Russian natural gas infrastructure strategy on the V4Energy Policy, volume 146 (2020) - scholarly articlesPublished: 24 of August, 2020
The Russian gas transit through Ukraine and the possibility of circumnavigating the historically dominant route poses a serious challenge to European gas markets. With the application of market modelling tools, this paper examines Russian export ...
Fifteen years of gas market liberalisation in HungaryBudapest Management Review - scholarly articlesPublished: 28 of November, 2019
Since the opening of the natural gas market in 2004, profound changes have taken place in ownership, regulation and operation of the natural gas market. After morphing to a multi-player competition market structure, some market segments returned to ...
European Natural Gas Infrastructure in the Energy Transitionscholarly articlesPublished: 18 of September, 2019
In this paper, we focus on the development of European gas infrastructure in the energy transition with particular focus on the so-called Projects of Common Interest (PCIs). To this end, three models with different spatial-temporal resolutions and ...
Future of Ukraine's gas transit and its effects on the natural gas marketbooks, chaptersPublished: 31 of May, 2019
The future of gas transit through Ukraine is one of the most pressing energy security issues facing the EU in 2019, with the current gas shipping contract between Russia and Ukraine set to expire 31 December and the realization of alternative pipeline ...
Evaluating the 6 March PRISMA capacity auctionsbooks, chaptersPublished: 30 of April, 2018
In early March 2017, long-term capacity bookings were held on the PRISMA auction platform, which covers most of the European Union’s natural gas transmission grid. In this short analysis we highlight amarket distortive phenomenon that may be the result ...
Relationships among oil price, wholesale and end-user gas pricesMagyar Energetika 2017/2 - journal articlesPublished: 18 of May, 2017
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 ...
The Impact Of The Construction Of The Nord Stream 2 Gas Pipeline On Gas Prices And CompetitionCompetition and Regulation 2016 - books, chaptersPublished: 24 of February, 2017
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 ...
How far is mitigation of Russian gas dependency possible through energy efficiency and renewable policies assuming different gas market structures?Energy & Environment - scholarly articlesPublished: 18 of January, 2017
This paper presents the results of a coordinated modelling assessment that incorporates European energy efficiency and renewable policies with two potential gas market scenarios. First, the impact of EU energy efficiency and renewable policies on natural ...
