Minta szveg minta COVID-19 IMPACT ON MARKETS Minta Gyrgy Istvnffy, - PowerPoint PPT Presentation

Minta szöveg minta COVID-19 IMPACT ON MARKETS Minta György Istvánffy, 25th Athens Forum, 16 June 2020

LONG TERM EXPECTATIONS ARE NOT RECOVERING YET HUN Baseload Monthly Futures HUN Baseload Yearly Futures 75,00 75,00 01. 22. 01. 22. 03. 11. 03. 11. 70,00 BL Nov-19 70,00 Lockdown in Lockdown in SoE in Hungary SoE in Hungary Wuhan 65,00 65,00 Wuhan BL Dec-19 03. 27. 03. 27. 60,00 60,00 curfew curfew BL Jan-20 55,00 55,00 50,00 BL Feb-20 50,00 BL YR-20 EUR EUR 45,00 45,00 BL Mar-20 BL YR-21 40,00 40,00 BL Apr-20 BL YR-22 35,00 35,00 30,00 BL May-20 30,00 BL YR-23 25,00 25,00 BL Jun-20 20,00 20,00 BL Jul-20 BL Aug-20 HUN Baseload Quarterly Futures HUN Baseload Futures Contracts (Avg. prices measured in April) 75,00 01. 22. 03. 11. 70,00 Lockdown in 70 SoE in Hungary Wuhan 65,00 03. 27. 60 60,00 curfew BL Q1-20 55,00 50 50,00 BL Q2-20 EUR 40 EUR 45,00 BL Q3-20 30 40,00 BL Q4-20 35,00 20 30,00 BL Q1-21 10 25,00 BL Q2-21 0 20,00 May Jun Jul Q3 Q4 Q1 Q2 Cal+1 Cal+2 2019 2020

DECREASING PRICES ON HUPX DAM, BUT VOLUMES … Daily traded volumes and prices 90000,00 80,00 80000,00 70,00 70000,00 60,00 60000,00 50,00 50000,00 MWh EUR 40,00 40000,00 30,00 30000,00 20,00 20000,00 03. 08. 01. 22. Lockdown in Lockdown in Lombardy (ITA) 10,00 Wuhan (PRC) 10000,00 03. 11. SoE in Hungary 0,00 0,00 Decreasing price levels with some correction during last weeks, stagnation in volumes at a high level since beginning of 2020.

HUPX DAM INDEX YEAR ON YEAR DECREASES, BUT THE VOLUMES … Daily traded volumes and prices Volume - 20 Volume - 19 Price - 19 Price -20 120,00 90000,00 80000,00 100,00 70000,00 80,00 60000,00 50000,00 MWh EUR 60,00 40000,00 40,00 30000,00 20000,00 20,00 10000,00 0,00 0,00 Volumes are higher, prices are lower than in 2019. Both differences are significant.

SPREADS GETTING NARROWER AMIDST LOWER ATC-S Day-Ahead weekly avg. prices with AT/SK - HU ATC AT-HU ATC SK-HU ATC spread HUPX EPEX DE 70,00 1800,00 1600,00 60,00 1400,00 50,00 1200,00 40,00 1000,00 EUR MW 800,00 30,00 600,00 20,00 400,00 10,00 200,00 0,00 0,00 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 Decreasing spread, despite the lower ATC values on AT and SK borders, unusual market behaviour, might be caused by the decrease of consumption and restructuring of generation mix.

Thank you for your attention!

Minta szveg minta COVID-19 IMPACT ON MARKETS Minta Gyrgy Istvnffy, - PowerPoint PPT Presentation

Minta szveg minta COVID-19 IMPACT ON MARKETS Minta Gyrgy Istvnffy, 25th Athens Forum, 16 June 2020 LONG TERM EXPECTATIONS ARE NOT RECOVERING YET HUN Baseload Monthly Futures HUN Baseload Yearly Futures 75,00 75,00 01. 22. 01. 22.

Particle Simulation in Magnetorheological Flows Norman M. Wereley Minta Martin Professor and

Automatic Detection of Potential Layout Faults in Responsive Web Pages Thomas A. Walsh* , Phil

Objects [Andersen, Gries, Lee, Marschner, Van Loan, White] Lecture 7 Announcements Please

DEVELOPING & DEPLOYING AUTONOMOUS DRIVING APPLICATIONS WITH THE NVIDIA DRIVE PX PLATFORM

DRIVE PX 2 SELF-DRIVING CAR COMPUTER Shri Sundaram, Spring 2016 SELF-DRIVING AND AI

H O W T O R E S I Z E P R I N T / D P I S I M A G E S I N P H O T O S H O P & L I G

Fourth Quarter and Full Year 2019 Results Conference Call February 20, 2020 Forward Looking

FOCUSED ON AN ATTRACTIVE TARGET GROUP 2018 LINK YOUR IMAGE TO A PRESTIGIOUS INTERNATIONAL BRAND

Image Restoration with Deep Generative Models Raymond A. Yeh * , Teck-Yian Lim * , Chen Chen,

Whats In My Paycheck? compensation package: all of the wages (salary, bonus, commission) and

Mikael Brjesson Product manager Commercial air handling units Ventilation functionality

Update on Project X in the Snowmass Process http://www.snowmass2013.org / R. Tschirhart Fermilab

Earnings Conference Call May 5, 2017 Important Notice Forward-Looking Statements This

presentation for six months ended 28 February 2019 Wednesday 10 April 2019 Retirement living to

SVBoy Game Boy Specs CPU: Custom 8-bit Sharp LR35902 at 4.19 MHz. This processor is similar to an

PULLMAN PARIS ROISSY CDG AIRPORT 3BIS, RUE DE LA HAYE-ROISSYPOLE 93 290 TREMBLAY EN FRANCE -

Investor Presentation (January, 2019) Forward Looking Statements This presentation contains

1240 x 260 1180 x 63 949 x 217 949 x 217 48 px 30 30 120 x 120 x x 30 30 24 px 200 x

Warps and Morphs Applications of Linear Algebra Mike Land and Tara Puzin College of

Imprecise Gaussian Discriminant Classification 11th International Symposium on Imprecise

power exchange prerequisites, planning and key price drivers En.trading 016 - Tirana

Re sour c e Ade quac y & Othe r De ve lopme nts in Califor nia SCOT T MIL L E R

Kohler Diesel Update CD Sales Web Ex (4-17-2014) Product Segment Discussion Diesel

RVI DACON INSPECTION TECHNOLOGIES INSPECTION Who we are Conventional and Oil and Gas,

Minta szveg minta COVID-19 IMPACT ON MARKETS Minta Gyrgy Istvnffy, - PowerPoint PPT Presentation

Minta szveg minta COVID-19 IMPACT ON MARKETS Minta Gyrgy Istvnffy, 25th Athens Forum, 16 June 2020 LONG TERM EXPECTATIONS ARE NOT RECOVERING YET HUN Baseload Monthly Futures HUN Baseload Yearly Futures 75,00 75,00 01. 22. 01. 22.

Particle Simulation in Magnetorheological Flows Norman M. Wereley Minta Martin Professor and

Automatic Detection of Potential Layout Faults in Responsive Web Pages Thomas A. Walsh* , Phil

Objects [Andersen, Gries, Lee, Marschner, Van Loan, White] Lecture 7 Announcements Please

DEVELOPING &amp; DEPLOYING AUTONOMOUS DRIVING APPLICATIONS WITH THE NVIDIA DRIVE PX PLATFORM

DRIVE PX 2 SELF-DRIVING CAR COMPUTER Shri Sundaram, Spring 2016 SELF-DRIVING AND AI

H O W T O R E S I Z E P R I N T / D P I S I M A G E S I N P H O T O S H O P &amp; L I G

Fourth Quarter and Full Year 2019 Results Conference Call February 20, 2020 Forward Looking

FOCUSED ON AN ATTRACTIVE TARGET GROUP 2018 LINK YOUR IMAGE TO A PRESTIGIOUS INTERNATIONAL BRAND

Image Restoration with Deep Generative Models Raymond A. Yeh * , Teck-Yian Lim * , Chen Chen,

Whats In My Paycheck? compensation package: all of the wages (salary, bonus, commission) and

Mikael Brjesson Product manager Commercial air handling units Ventilation functionality

Update on Project X in the Snowmass Process http://www.snowmass2013.org / R. Tschirhart Fermilab

Earnings Conference Call May 5, 2017 Important Notice Forward-Looking Statements This

presentation for six months ended 28 February 2019 Wednesday 10 April 2019 Retirement living to

SVBoy Game Boy Specs CPU: Custom 8-bit Sharp LR35902 at 4.19 MHz. This processor is similar to an

PULLMAN PARIS ROISSY CDG AIRPORT 3BIS, RUE DE LA HAYE-ROISSYPOLE 93 290 TREMBLAY EN FRANCE -

Investor Presentation (January, 2019) Forward Looking Statements This presentation contains

1240 x 260 1180 x 63 949 x 217 949 x 217 48 px 30 30 120 x 120 x x 30 30 24 px 200 x

Warps and Morphs Applications of Linear Algebra Mike Land and Tara Puzin College of

Imprecise Gaussian Discriminant Classification 11th International Symposium on Imprecise

power exchange prerequisites, planning and key price drivers En.trading 016 - Tirana

Re sour c e Ade quac y &amp; Othe r De ve lopme nts in Califor nia SCOT T MIL L E R

Kohler Diesel Update CD Sales Web Ex (4-17-2014) Product Segment Discussion Diesel

RVI DACON INSPECTION TECHNOLOGIES INSPECTION Who we are Conventional and Oil and Gas,

DEVELOPING & DEPLOYING AUTONOMOUS DRIVING APPLICATIONS WITH THE NVIDIA DRIVE PX PLATFORM

H O W T O R E S I Z E P R I N T / D P I S I M A G E S I N P H O T O S H O P & L I G

Re sour c e Ade quac y & Othe r De ve lopme nts in Califor nia SCOT T MIL L E R