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The first operational month of HUPX

2010.08.19.
The Hungarian Power Exchange (HUPX) has just completed its first operational month. Day-ahead auctions with physical delivery on the Hungarian TSO zone resulted with monthly volume of 36 GWh, where daily volumes were approximately 1 GWh (hourly up to 50 MWh/h). Base load price was in the range of 35-45 €/MWh, and the peak one 40-50 €/MWh. Only one disturbance (mismatch between purchase and sell) happened so far, on Monday 16 August 2010, when the prices jumped up to 3,000 €/MWh (ceiling amount) between 9 and 18 hours.

Author: Nijaz Dizdarević
Source: HUPX

Spain Proceeds With Plans to Cut Solar Subsidies After Talks Break Down

2010.08.18.
Prices for power from ground-based panels may be cut by 45 percent while photovoltaic generators mounted on large roofs face a 25 percent reduction and plants on small roofs will see a 5 percent cut, the ministry said in a statement. The price cuts are included in a draft law sent to the national energy regulator for consultation.

Author: Nijaz Dizdarevic
Source: Bloomberg
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