HUPX Hungarian Power Exchange Ltd.

Yesterday, Márton Gábor Kádár, Head of Sales and Business Development at HUPX, delivered an insightful presentation titled "HUPX 2024: Renewables, Volatility, and Flexibility?" at Energy Investment Forum 2024. His talk focused on how and why the spot power market volatility increased, and what opportunities it might provide for market based flexibility in the evolving energy landscape. Finally he outlined what developments HUPX is working on to further help these new business cases to evolve. #portfolio #energyinvestmentforum #energyinvestmentforum2024 #energy #conference2024 #budapest #HUPX

📅 𝗙𝗶𝗿𝘀𝘁 𝗛𝗨𝗣𝗫 𝗚𝗢 𝗮𝘂𝗰𝘁𝗶𝗼𝗻 𝘄𝗶𝘁𝗵 𝗡𝗘𝗖𝗦 𝗿𝗲𝗴𝗶𝘀𝘁𝗿𝘆 – 𝗢𝗰𝘁𝗼𝗯𝗲𝗿 𝟮𝟮 The countdown is on! Our next GO auction is happening on October 22, and we’re excited to announce that for the first time, you can now transfer directly to the NECS registry. This added flexibility with no import fees, makes it easier than ever to optimize your transactions. Get your GOs ready and take advantage of this streamlined process to maximize your trading efficiency! Let’s make this auction another great success - see you on the 22nd! #NECSstep #hupx #gomarket #gotrading #greenenergy #energytransition #NECS

𝗨𝗻𝗹𝗼𝗰𝗸 𝗻𝗲𝘄 𝗳𝗲𝗮𝘁𝘂𝗿𝗲𝘀 𝘄𝗶𝘁𝗵 𝗛𝗨𝗣𝗫 𝗚𝗢 𝗮𝗻𝗱 𝗡𝗘𝗖𝗦 𝗿𝗲𝗴𝗶𝘀𝘁𝗿𝘆 We’re introducing new features and improvements to provide more flexibility and efficiency for our GO sellers: 𝗧𝘄𝗼 𝗼𝗽𝘁𝗶𝗼𝗻𝘀 for managing your Guarantees of Origin (GOs): You can either send your GOs directly into the 𝗠𝗘𝗞𝗛 𝗿𝗲𝗴𝗶𝘀𝘁𝗿𝘆, or make use of the newly launched 𝗡𝗘𝗖𝗦 𝗿𝗲𝗴𝗶𝘀𝘁𝗿𝘆, designed to simplify the process even further. 𝗡𝗼 𝗺𝗼𝗿𝗲 𝗲𝘅𝗽𝗼𝗿𝘁 𝗮𝗻𝗱 𝗶𝗺𝗽𝗼𝗿𝘁 𝗳𝗲𝗲𝘀! Instead, a new general registry transfer fee will be applied, allowing for smoother and more cost-effective transactions across the board. This setup is designed to be convenient for both MEKH and non-MEKH members, regardless of the AIB where your registry account is opened. 🌟 And here’s more: as a special offer for Q4, thanks to the NECS registry launch, a 𝗳𝗲𝗲 𝗵𝗼𝗹𝗶𝗱𝗮𝘆 is in place, offering even more value to our partners! And where can you get more information about these changes? We’ll be attending the 𝐑𝐄-𝐒𝐨𝐮𝐫𝐜𝐞 conference on 𝗢𝗰𝘁𝗼𝗯𝗲𝗿 𝟮𝟰-𝟮𝟱 𝗶𝗻 𝗔𝗺𝘀𝘁𝗲𝗿𝗱𝗮𝗺, where you can meet one of our colleagues in person and ask any questions you may have about the latest updates and opportunities. 📅 You can also schedule a meeting with: >> Márton Gábor Kádár: https://bit.ly/3zy1bBO >> Nikolett Dancsné Ilyés: https://bit.ly/4gPDcyG

#HUPXpert 𝗥𝗲𝗰𝗼𝗿𝗱 𝗵𝗶𝗴𝗵 𝗹𝗼𝗰𝗮𝗹 𝘁𝗿𝗮𝗱𝗲𝘀 – 𝗦𝘁𝗮𝗯𝗹𝗲 𝘃𝗼𝗹𝘂𝗺𝗲𝘀 𝗼𝗻 𝘁𝗵𝗲 𝗛𝗨𝗣𝗫 𝗜𝗻𝘁𝗿𝗮𝗱𝗮𝘆 𝗠𝗮𝗿𝗸𝗲𝘁 While our markets generally benefit from cross-border trades, a different trend was also evident this summer. ☀️ Despite high solar production and the challenges posed by strained networks, we maintained stable volumes. A significant portion of this stability came from local trades, which reached record levels in July—thanks to the active participation of our members! The growth in local traded contracts pushed the local trade ratio to an unprecedented 30%. This increase was also influenced by a slight drop in cross-border trades. However, the upward trend in local trades remains undeniable, showing steady growth. We hope to see further growth in our ID segment in the coming months. 📈 #hupx #energymarkets #localtrade #growth #idm

💡 Today, Gyorgy Istvanffy, Director of HUPX Markets, is taking part in a roundtable discussion at Magyar Elektrotechnikai Egyesület 70.Vándorgyűlés.   The event has brought forward numerous proposals and potential solutions to the pressing challenges in the energy sector. This session offers a great opportunity to reflect on these ideas and provide valuable insights into the direction of future developments.   #wheretomeetus #hupx #energymarkets #conference

#GOtradewithus We are going live with our NECS Step on our HUPX GO market in October! 🚀 We’re getting closer to the NECS Step at Statnett SF, as we continue to enhance the flexibility and efficiency of the HUPX GO market. The updated Fee Schedule with some discounts and the extended Clearing and Settlement Regulations are now available on our website. Be sure to review them ahead of the October auction, when these changes will take effect. Stay informed and get ready for the next chapter! For more details, visit our website: https://lnkd.in/dH8E7UXu or reach out to us at membership@hupx.hu. #NECSstep #hupx #gomarket #gotrading #greenenergy #energytransition #NECS #climateneutral

Today Gyorgy Istvanffy, Director of HUPX Markets, is representing us at the CEO Panel Session during the All NEMO Committee 2nd Annual Conference 𝗳𝗿𝗼𝗺 𝟭𝟯:𝟯𝟬 𝘁𝗼𝟭𝟰:𝟭𝟬, featuring discussions on European market couplings and the challenges of the new EMD.   ✨ We’re also pleased to note that Márk Alföldy-Boruss from the Ministry for Energy is present at the event and is highlighting how the presidency leads the energy sector towards common EU goals.   Want to be part of the action? You can follow the session online here - https://lnkd.in/ewRz3BYk #wheretomeetus #hupx #energymarkets #NEMO #conference

𝗚𝗢 𝗮𝘂𝗰𝘁𝗶𝗼𝗻 𝘂𝗽𝗱𝗮𝘁𝗲🌱 We’re excited to report the latest results from yesterday’s GO auction, reflecting ongoing strong performance in the market. A total of 927,881 GOs were deposited, with 635,990 MWh of AIB GOs traded. The volume-weighted average price settled at 0.60 EUR/MWh, indicating healthy liquidity and demand. ...𝗮𝗻𝗱 𝗺𝗼𝗿𝗲 𝗮𝗯𝗼𝘂𝘁 𝗼𝘂𝗿 𝗡𝗘𝗖𝗦 𝗦𝘁𝗲𝗽 In addition to the auction results, we’re excited to share more about our NECS Step, a key development designed to enhance market participation and efficiency. Starting from Q4, all members will be able to transfer GOs to their NECS registry sub-account, enabling smoother cross-border transactions. This will make it easier, especially for our foreign members, to become sellers on the market. If you couldn’t join our recent webinar or are unsure about any details, we encourage you to watch the replay here: https://lnkd.in/d9KkzzZg or reach out to us directly at membership@hupx.hu. #hupx #gomarket #gotrading #greenenergy #energytransition #NECS #climateneutral

𝐉𝐨𝐢𝐧 𝐮𝐬 𝐟𝐨𝐫 𝐭𝐡𝐞 𝟏𝟏𝐭𝐡 𝐀𝐧𝐧𝐮𝐚𝐥 𝐄𝐥𝐞𝐜𝐭𝐫𝐢𝐜𝐢𝐭𝐲 𝐏𝐫𝐢𝐜𝐞 𝐅𝐨𝐫𝐞𝐜𝐚𝐬𝐭𝐢𝐧𝐠 𝐚𝐧𝐝 𝐌𝐨𝐝𝐞𝐥𝐥𝐢𝐧𝐠 𝐅𝐨𝐫𝐮𝐦, where industry experts, researchers, and policymakers gather for two days of insightful discussions and networking. The forum explores the latest trends, challenges, and strategies in electricity price forecasting and modelling, offering practical solutions for professionals in the energy sector. Márton Gábor Kádár, Head of Sales and Business Development at HUPX, will deliver a presentation sharing valuable knowledge on the development of intraday trading, the impact of IDAs and algorithms, and the evolving role of exchanges like HUPX. Don’t miss out on the chance to gain firsthand insights at 11:00 today. #hupx #tbm #priceforecasting #energytrading #powerexhange

𝐃𝐨𝐧’𝐭 𝐌𝐢𝐬𝐬 𝐎𝐮𝐭 𝐨𝐧 𝐭𝐡𝐞 𝐂𝐞𝐫𝐐𝐥𝐚𝐫-𝐇𝐔𝐏𝐗 𝐆𝐎 𝐖𝐞𝐛𝐢𝐧𝐚𝐫!🚨 Ready to level up your understanding of the Guarantees of Origin (GO) market? Join us 𝐭𝐨𝐝𝐚𝐲 𝐚𝐭 𝟏𝟒:𝟎𝟎 𝐂𝐄𝐓 as we explore the latest market trends and strategies for managing risk in GO certificate trading. We’ll deep-dive into key updates and opportunities for the future of renewable energy with our experts, Márton Gábor Kádár, Nikolett Dancsné Ilyés and Martin Edling Andersson. What’s in it for you? 🌍 𝐄𝐱𝐜𝐥𝐮𝐬𝐢𝐯𝐞 𝐢𝐧𝐬𝐢𝐠𝐡𝐭𝐬 from the HUPX GO market 🛡 𝐑𝐢𝐬𝐤 𝐦𝐚𝐧𝐚𝐠𝐞𝐦𝐞𝐧𝐭 solutions to streamline your trading 📈 𝐍𝐄𝐂𝐒 𝐬𝐭𝐞𝐩 𝐟𝐨𝐫 𝐇𝐔𝐏𝐗 𝐆𝐎 𝐦𝐚𝐫𝐤𝐞𝐭-  what this project means for the GO market 🎤𝐐&𝐀 𝐬𝐞𝐬𝐬𝐢𝐨𝐧 to answer all your questions 🔗 It’s not too late to register – secure your spot now: https://lnkd.in/dMY4KvmH #guaranteesoforigin #renewableenergy #HUPX #greenenergy #webinar #riskmanagement #gomarket