#GOtradewithus We are excited to share the results from today’s HUPX GO auction! 📢 This was a special milestone as it marked 𝐭𝐡𝐞 𝐟𝐢𝐫𝐬𝐭 𝐭𝐢𝐦𝐞 𝐩𝐚𝐫𝐭𝐢𝐜𝐢𝐩𝐚𝐧𝐭𝐬 𝐜𝐨𝐮𝐥𝐝 𝐭𝐫𝐚𝐧𝐬𝐟𝐞𝐫 𝐆𝐎𝐬 𝐭𝐡𝐫𝐨𝐮𝐠𝐡 𝐭𝐡𝐞 𝐍𝐄𝐂𝐒 𝐫𝐞𝐠𝐢𝐬𝐭𝐫𝐲. The auction attracted strong interest from across Europe, with collateral deposits totaling an impressive 1.11 TWh from 5 countries. Ultimately, 683 523 MWh of AIB GOs were traded, showcasing the strong demand in the market. Stay tuned for more updates as the GO market continues to grow and evolve. For detailed auction results, visit our website: https://lnkd.in/ejdVCcy9 Ready to explore the opportunities in the GO market? Contact us at [email protected] and let’s embark on this exciting journey together!
HUPX Hungarian Power Exchange Ltd.
Oil and Gas
Energy Business Motion
Rólunk
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.
- Weboldal
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http://www.hupx.hu
Külső hivatkozás a következőhöz: HUPX Hungarian Power Exchange Ltd.
- Ágazat
- Oil and Gas
- Vállalat mérete
- 11–50 munkavállaló
- Központ
- Budapest
- Típus
- Állami vállalat
- Alapítva
- 2010
Helyek
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Elsődleges
Hungary, Budapest
Budapest, 1134, HU
Alkalmazottak a HUPX Hungarian Power Exchange Ltd.
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Gabriella Zsori
Director - Market Operations and Sales at HUPX Ltd.
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Katalin Honti
Sales assistant @ HUPX
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Dózsa Márta
Quality Assurance and Office Manager at HUPX Hungarian Power Exchange Ltd.
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Zoltán Fehér
Finance Manager at HUPX Group - Hungarian Power Exchange (&CEEGEX & HUDEX)
Frissítések
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#wheretomeetus We’ll be attending the 𝐑𝐄-𝐒𝐨𝐮𝐫𝐜𝐞 𝟐𝟎𝟐𝟒 conference on 𝗢𝗰𝘁𝗼𝗯𝗲𝗿 𝟮𝟰-𝟮𝟱 𝗶𝗻 𝗔𝗺𝘀𝘁𝗲𝗿𝗱𝗮𝗺! 🌍 We’re excited to join this leading event to discuss the latest in renewable energy, trading, and market trends. Connect with us to explore business opportunities and gain insights into the evolving energy landscape. 📅 Schedule a meeting with our team: 👉 Márton Gábor Kádár: https://bit.ly/3zy1bBO 👉 Nikolett Dancsné Ilyés: https://bit.ly/4gPDcyG We can’t wait to meet you and discuss the future of energy together! #resource2024 #renewableenergy #conference #HUPX #bookameeting
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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
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📅 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
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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
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#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
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💡 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
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#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 [email protected]. #NECSstep #hupx #gomarket #gotrading #greenenergy #energytransition #NECS #climateneutral
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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
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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 [email protected]. #hupx #gomarket #gotrading #greenenergy #energytransition #NECS #climateneutral