2022
DOI: 10.1016/j.esr.2022.100817
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The Hungarian utility cost reduction programme: An impact assessment

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Cited by 17 publications
(16 citation statements)
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“…To measure the changes in the household energy mix in CEE and infer the degree of the energy transition in the economies the bad combination of high energy costs, inadequate household income and obsolete housing stock results in a high level of energy poverty [1,9,16,17]. This social group is highly exposed to the changes in energy prices or even to the changes in the current legislation and in their case the home-heating energy poverty risk is high [6].…”
Section: Methodsmentioning
confidence: 99%
See 1 more Smart Citation
“…To measure the changes in the household energy mix in CEE and infer the degree of the energy transition in the economies the bad combination of high energy costs, inadequate household income and obsolete housing stock results in a high level of energy poverty [1,9,16,17]. This social group is highly exposed to the changes in energy prices or even to the changes in the current legislation and in their case the home-heating energy poverty risk is high [6].…”
Section: Methodsmentioning
confidence: 99%
“…Due to the high share of energy expenditure, household energy consumption is a mutual challenge to energy security and human development in Europe [1]. The economic implications of the COVID-19 pandemic and the war in Ukraine highlighted that energy affordability is the major driver of social welfare and justice in Central and Eastern Europe (shortly CEE).…”
Section: Introductionmentioning
confidence: 99%
“…A hazai rezsicsökkentés fenntartása abban az időszakban, amikor a földgázárak alacsonyak voltak Európában, nem volt komolyabb feladat: az egyetemes magyar szolgáltató még profitot is realizált a lakossági értékesítésen (Weiner-Szép [2022]). A 2021 második felében meginduló európai nagykereskedelmi földgázár-emelkedés azonban komoly feladat elé állította az egyetemes szolgáltatót: a lakosságtól beszedett összegek már korántsem kompenzálták a gázbeszerzés költségeit, és a különbség a központi költségvetést terhelte.…”
Section: Százalékunclassified
“…The utility cost reduction program was introduced by the Hungarian government (Act LIV of 2013 on the implementation of the household utility price cap scheme, Act XI of 2014 amending certain acts related to the household utility price cap scheme and consumer protection) in three consecutive steps between 2013 and 2014 [2], [3]. Household prices fell by an average of 23-24% (25.2% for natural gas, 24.6% for electricity, 22.6% for district heating, and 10% for LPG) in 2013-2014.…”
Section: Introductionmentioning
confidence: 99%
“…However, the lessons of the Hungarian scheme may be important for these countries, especially with regard to the conditions and timeframe under which it can be sustained. We already know that this state intervention significantly reduced household energy prices, pushed household energy consumption (mainly fossil fuel use) and made renewables less competitive [2], [13], [21]. Because of the regulated energy prices, the population has not truly had to face price shocks between 2013 and 2022.…”
Section: Introductionmentioning
confidence: 99%