Hungary to sell electricity at auction
Published July 11th, 2008
Hungary’s Energy Office is to hold a public auction on October 27 to sell electricity at an MEH-stipulated price, the MEH announced on Thursday.
MVM experts said major European electricity companies in Germany, France and Spain are dominant market powers just as MVM. A Hungarian ministerial decree enacted on January 1 makes it possible to define significant market powers on Hungary’s deregulated electricity market and to regulate their operations. Hungary’s electricity market was fully deregulated in January 1 of this year. (MTI-Econews)
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