About the market
Useful information
Pursuant to Article 8/A § (1) of Government Decree 122/2015 (V. 26.), we hereby publish the volume-weighted average traded price applicable to energy efficiency agreements to be concluded in 2025 under this provision:
HUF 11 705
EKR Trading Platform – November Aggregated Results
EKR Trading Platform – October Aggregated Results
EKR Trading Platform – September Aggregated Results
About the Energy Efficiency Obligation Scheme and the White Certificate Exchange in Hungary
On February 27, 2024, organized market trading of energy savings began on CEEGEX
In line with the climate goals and energy strategy of the European Union and Hungary, the Energy Efficiency Obligation Scheme (EKR) was established on January 1, 2021, with the aim of encouraging the creation of a market-based energy savings system through energy suppliers.
Who is obligated?
Those designated by the legislator include traders selling electricity, natural gas, and transport fuels.
Demand and supply side
A company that is able to save energy through certain measures and investments and has this certified by an entity listed by the Hungarian Energy and Public Utility Regulatory Authority (MEKH) may sell the amount of energy not consumed (i.e., the certified energy savings) to obligated parties.
Certified energy savings, as a property right with restricted transferability, can therefore be sold and traded. By purchasing the certificate, the buyer supports energy saving projects and can reduce their energy saving obligation.
Accordingly, the supply side of the EKR exchange consists of consumers, energy efficiency service providers and traders themselves, who have their energy savings certified. The buyers of certified energy savings are the obligated energy traders, the Hungarian state and entities that do not qualify as certification bodies.
The EKR organized market is divided into two segments on CEEGEX
I. Auction market
The auction market provides an organized market transfer option, where:
- Trading method: auction, where trading for different products takes place within the framework of an auction, and Members can place order on products in parallel
- Price determination: single clearing price, which means that a single price is determined for each product
- CEEGEX ensures the guarantee, settlement and clearing of transactions
II. Registration platform
The Registration platform provides an organized market transfer option, where:
- Trading method: direct matching procedure is implemented, which is based on matching buyer and seller offers through direct offer matching; the transaction is concluded when the party named in the offer accepts the offer
- CEEGEX ensures the guarantee, settlement and clearing of transactions
Advantages of the White Certificate exchange
Similar to the natural gas market, the EKR exchange provides anonymous trading for energy savings, but this time on an auction platform and a registration platform with a clearing system that guarantees trading. The role of the exchange is to provide a price signal function in addition to the possibility of trading certificates, thanks to the transparency of the organized market, which contributes to the development of the Hungarian energy efficiency market and the achievement of climate neutrality goals.
Membership process
- Preliminary information is available under the EKR >>Membership
Interested in membership? Do not hesitate, please contact us at membership@ceegex.hu