MAVIR entered HUPX intraday market – Hungary, 12 July 2017

Hungarian power exchange HUPX announced that the national electricity transmission system operator MAVIR has been trading on its intraday market since 30 June. According to the regulations in force, the generators of the obligatory offtake regime balance circle forecast their day-ahead generation with 15 minutes schedule. MAVIR cumulates these 15 minutes generator schedules and averages […]

HUDEX received authorization for establishing a regulated market – Hungary, 23 May 2017

The Hungarian National Bank authorized the establishment of HUDEX Hungarian Derivative Energy Exchange Ltd. as a regulated market (exchange). Following the authorization, the Company Registry Court incorporated HUDEX on 18 May 2017, which has begun the preparation for operating a regulated market. In order to comply with the changed European Union regulations a new Hungarian […]

Hungarian parties joined WB6 MoU – Hungary, 5 April 2017

On 29 March, Hungarian Energy and Public Utility Regulatory Authority (MEKH), electricity transmission system operator MAVIR and electricity exchange HUPX have signed an addendum to the Western Balkan 6 Memorandum of Understanding (MoU) on regional electricity market development and establishing a framework for other future collaboration. Hungarian parties gave signed the addendum regarding both initial […]