In the article we look at the problems of renewable support schemes and the corresponding reform concepts of the EU. Demand for support in excess of the capabilities and willingness of society and the central budget have resulted in ad-hoc regulatory ...
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Problems related to the support schemes of renewable based electricity generation and the reform concepts of the EUPublished: 1 of March, 2014
Invoicing the futureREKK analysis of the 10% utility bill cut of January 2013Published: 1 of March, 2013
The endeavour of the Government, referenced as the „utility bill cut”, has triggered fierce reactions both in the media and within the sector. With the article we set out to provide a short, unbiased summary of this package of measures and its impacts.
A few questions related to the new Energy Efficiency Directive and the energy efficiency obligation schemesPublished: 1 of December, 2012
At the end of the year the Official Journal of the European Union will publish the new Energy Efficiency Directive, which will oblige Member States, on the one hand, to set mandatory national energy efficiency targets, and on the other hand to establish ...
TOP or TOPless beyond 2015?Future of the Hungarian natural gas market beyond the long term contractPublished: 1 of September, 2012
The long term Take-or-pay (TOP) contract that was signed between Gazprom and MOL in 1996, and which even today serves as the backbone of the supply side of the domestic natural gas market, will expire in 2014-15, opening up the opportunity to ...
Regulation of infrastructure development:EU vs. member state competenciesPublished: 1 of March, 2012
Last year a number of new EU initiatives on the regulation of infrastructural investments were brought to light: the aspiration of the European Commission to boost the development of the electricity and natural gas infrastructure was escorted by a series ...
Thirsty for regulationsMajor changes to come in Hungarian water utility servicesPublished: 1 of December, 2011
The Hungarian water utility services experience major changes nowadays. A water utility act, to make up for decades without dedicated regulations, is being drafted. The sector is fragmented, with intricate ownership and property relations and a missing ...
Regulation changes in the natural gas market in 2010/2011Published: 1 of September, 2011
There have been a lot of changes in legislation in the past gas year which have had and will have a profound effect on the workings of the natural gas market. This article gives a brief, factual overview of regulation changes affecting the 2010/2011 gas ...
A new EU regulation on gas supply security has come into forcePublished: 1 of March, 2011
On 2 nd December 2010 a new EU Directive aiming to improve the security of gas supply within the community came into force [Regulation (EU) No 994/2010 of the European Parliament and of the Council of 20 October 2010 concerning measures to safeguard ...
The moratorium on the price of universal gas service and some of its consequencesPublished: 1 of December, 2010
Soon after it came to office, the Government of Hungary declared a price moratorium on the energy prices under the universal service scheme. The two most important ingredients of the amendment are the following: first, the right to determine universal ...
Regulating universal service in the electricity markets of Hungary and its neighboursPublished: 1 of September, 2010
One of the first steps of the new government which came to power in 2010 was to transfer the complete authority to set the price of universal electricity and natural gas service to the Ministry, thereby withdrawing the power of the Hungarian Energy ...
