Tag / electricity markets

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Overview of the European Wholesale Electricity SectorPublished: 1 of February, 2018

In this article, we highlight the main trends and developments in the European wholesale electricity market since 2015, looking at variations in electricity consumption and the fuel mix, the latter driven by relative fuel prices, and economics of ...

Power market modelPublished: 2 of May, 2017

One of the most important elements of the winter package is the proposal for the modification of the regulation on reforms of electricity markets. While referred to as the new market model, it is essentially no different from the current European model ...

Before, during or after a model shift? – A review ofthe domestic retail energy marketPublished: 1 of February, 2017

Over the last few years Hungary’s retail gas and electricity markets have been significantly restructured by the state. Competition has been more or less eliminated from the household segment of the gas market and after a little more than a decade the ...

Gripped by loopsPublished: 2 of June, 2016

The simmering discontent of countries suffering from unintended physical flows through their electricity interconnections and within their internal network reached a tipping point for Poland in December 2014. At this time, Polish energy regulator (URE) ...

Managing the market and financing risks of ongoing and planned nuclear investments in EuropePublished: 2 of June, 2016

In recent months three anticipated documents were published, each drawing the attention of investors in new electricity generating facilities in Europe. On 4 April the European Commission revealed a detailed analysis titled the “Nuclear Illustrative ...

Power plant capacity auction in the United KingdomPublished: 1 of June, 2015

Recently, European electricity market models have been facing serious challenges: continuously increasing renewable electricity generation and unfavourable price conditions/negative spread resulted in collapsing profitability of fossil-based, primarily ...

Renewable auctions: questions and experiencePublished: 1 of June, 2015

Within the next year and a half EU member states need to adjust their support schemes for the generation of renewable based electricity to the prescriptions of the EU guideline on state aid published in 2014. As the main rule, the guideline requires the ...

Results of The Czech-Slovakian-Hungarian-Romanian electricity market couplingPublished: 1 of June, 2015

Romanian OPCOM joined the coupled Czech-Slovakian-Hungarian electricity markets on 20. November 2014, thus forming the 4M market coupling. Our article gives an evaluation of the performance of the first five months of market coupling. The first part of ...

Light at the end of the tunnel?Potential effects of the fall in oil price on the profitability of natural gas based electricity generationPublished: 1 of March, 2015

Brent crude price displayed an unstoppable fall from July 2014, which was still ongoing in January 2015. The cause of the price drop was fundamental supply and demand: shale oil producers in North America produced an oversupply in oil, which was matched ...