- FIN | Energy Exchanges
- TRD ENERGY TRADING / ENERGY MARKETS
Hungarian Power Exchanges takes an appreciated, leading place in the Central-Eastern-European region. As the operator of the innovative organized Hungarian electricity market it advances and accelerates the cash flow of electricity market, and escalates the volume, liquidity and efficiency of the energy market by its regulation, fair trading frames, publicity, traceable rates and the revival of investors’ trust. The transparent, standardized market mechanism and the liberalized market operation serve the safety of domestic power supply, the cost efficiency of trading and the upswing of developments, investments in the power industry. The organized electricity market operated by HUPX Ltd. contributes to the efficiency of the entire domestic economic production and the moderation of the increasing consumer electricity prices.
HUPX will launch the Hungarian organized guarantees of origin market in the summer of 2022
In the first phase of the operation of the Hungarian GO market MAVIR, as the nominated buyer of Hungarian FiT production will be the sole seller of the related guarantees of origins in quarterly auctions, while buyer side is open to energy traders, end-users and other market participants. Available technologies include solar, wind and other renewable volumes produced under the FiT scheme.
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