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Securing the system level reserves necessary for the uninterrupted operation of the electricity system is the task of the system operator. Before the tender for this year MAVIR substantially changed the methodology of procurement, which, based on the ...

For the third period (2013-2020) of the European emission trading system (ETS) a new principle is applied to allocate to all emission allowances. While the second period was characterised primarily by free allocation (memberstates were allowed to auction ...

One of the objectives of the European Union is the development of an Integrated European electricity market by the end of 2014. As part of this endeavour, a lot of the member states participate in market coupling initiatives Hungary made its contribution ...

For the last two years the difference between the price of baseload and peak products (peak spread) quoted on electricity exchanges has substantially narrowed for several European countries, including Germany and Spain – and this trend seems intact in ...

In one of our previous articles we have already analysed the short term impacts of the closure of the German nuclear power plants – in particular, how electricity prices, foreign trade and the Hungarian electricity market are affected. More than a year ...

2011 was a particularly dry year all through Europe, and the countries of the Balkan were hit by the lack of precipitation even more than usual. The region went through the worst drought of the last 50 years, and the hydropower plants of the Balkan ...

Using statistical-econometrical methods, we determine the extent to which the electricity consumption of Hungary can be used for the short-term forecast of GDP growth. Our analysis is based partly on quarterly and partly on annual data: since 1998 ...

The methodology for securing system level reserves underwent substantial change last year, positively impacting the level of purchase costs. In our article, for the most part, we address the procurement of secondary and tertiary regulatory reserves for ...

For the last year or two retail and wholesale competition within the Hungarian electricity market became considerably stronger than in prior periods, even though the trader replacing activity within the retail power market continues to be much weaker ...

Several news portals reported this summer the launch of a project to couple the Czech-Slovakian- Hungarian day-ahead electricity markets. Pursuant to the joint letter of intent signed on 30 May 2011, the Czech, Slovakian and Hungarian Transmission System ...