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Regional Centre for Energy Policy Research

REKK is an independent Budapest-based research centre specialising in energy, water, transport and environmental economics.

Last updated September 27, 2026

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Overview

The Regional Centre for Energy Policy Research (Hungarian: Regionális Energiagazdasági Kutatóközpont, REKK) is an independent research centre based in Budapest, Hungary, specialising in energy, water, transport and environmental economics. Through research, consultancy and knowledge sharing, REKK aims to shape sectoral regulation and corporate decision-making at both national and international levels, promoting economically efficient and environmentally sustainable market operations. The centre has been conducting analyses in its core fields for more than 20 years. REKK's analytical work covers electricity markets (regulation and analysis of wholesale markets, network issues and large-consumer issues), natural gas markets (with a focus on network issues and consulting services to the entire vertical market, regulatory authorities and large consumers), district heating (targeting companies and regulation in heat production and service), water economics (including water utilities, water basin management and flood risk management), renewable energy, decarbonisation and climate policy. The centre also runs education programmes, including an Energy Economics Course and ERRA Courses, and develops quantitative models such as power market, gas market, balancing, TIMES, carbon capture and water-sector models. REKK publishes research papers, policy briefs, the archived Hungarian Energy Market Report and a Renewable Energy and Energy Efficiency Quarterly, and organises events such as the Regional Energy Policy Forum and REKK Energy Futures. Its office is at Fővám tér 8 in Budapest, and its director is László Szabó, an economist with a PhD from Corvinus University of Budapest and prior experience in Hungarian public administration and at the European Commission's Joint Research Centre.

History

REKK was established in Budapest and has been active in energy and environmental economics research for more than two decades. Its website copyright notice dates back to 2004, indicating the centre's origins in the mid-2000s. Over the years it has built a portfolio spanning electricity, natural gas, district heating, water economics, renewable energy and decarbonisation, combining academic research with applied consultancy for regulators, utilities and large consumers. The centre has developed a range of quantitative models to support its analysis, including power market, gas market, balancing, TIMES, carbon capture and water-sector models. It also runs education and training activities, such as the Energy Economics Course and courses associated with ERRA (the Energy Regulators Regional Association). Its publications include research papers, policy briefs, the archived Hungarian Energy Market Report and a Renewable Energy and Energy Efficiency Quarterly. REKK organises public events and forums, including the Regional Energy Policy Forum and REKK Energy Futures, and maintains an active presence in Hungarian and international energy policy debates. Its director, László Szabó, has led the centre since at least the 2010s, bringing experience from Hungarian public administration and the European Commission's Joint Research Centre. The centre remains an independent research organisation headquartered at Fővám tér 8 in Budapest.

  • 2010

    László Szabó joins REKK, focusing on energy regulation, renewable energy and electricity markets.

  • 2004

    REKK's website copyright notice begins, indicating the centre's establishment in the mid-2000s.

Products and positioning

Independent, non-partisan research centre providing economically grounded analysis and consultancy for energy, water and environmental policy and corporate decision-making.

  • Electricity market analysis and modelling

    Research covering regulation and analysis of wholesale electricity markets, network issues and large consumer issues.

  • Natural gas market analysis and modelling

    Research focusing on network issues, with consulting services to the entire vertical market, regulatory authorities and large consumers.

  • District heating market research

    Research on the heat market primarily targeting companies and regulation in the district heating production and service sector.

  • Water economics

    Activities focusing on water utilities, water basin management and flood risk management.

  • Energy Economics Course

    Education programme offered by REKK.

  • ERRA Courses

    Courses associated with the Energy Regulators Regional Association.

  • Hungarian Energy Market Report (archived)

    Archived publication on the Hungarian energy market.

  • Renewable Energy and Energy Efficiency Quarterly

    Quarterly publication on renewable energy and energy efficiency.

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