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Privatization and Liberalization of the Sector of Electrical Energy in Hungary

Gábor Bakos

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Abstract

Hungary, one of the leading in the reforms countries from South Europe, bravely privatizes the energy sector with foreign capital. While in West as a result of the liberalization reached was a plenty of electrical energy and strong decrease of the tariffs, in Hungary it led to surplus of powers, but there is a long way to go till reaching lower tariffs. Now the country faces the challenges to liberalize the energy market, meeting all the problems accompanying this process.

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What this paper is about

Hungary, one of the leading in the reforms countries from South Europe, bravely privatizes the energy sector with foreign capital. While in West as a result of the liberalization reached was a plenty of electrical energy and strong decrease of the tariffs, in Hungary it led to surplus of powers, but there is a long way to go till reaching lower tariffs. Now the country faces the challenges to liberalize the energy market, meeting all the problems accompanying this process.

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Available abstract

Hungary, one of the leading in the reforms countries from South Europe, bravely privatizes the energy sector with foreign capital. While in West as a result of the liberalization reached was a plenty of electrical energy and strong decrease of the tariffs, in Hungary it led to surplus of powers, but there is a long way to go till reaching lower tariffs. Now the country faces the challenges to liberalize the energy market, meeting all the problems accompanying this process.

Key concepts: Liberalization, Energy sector, Foreign capital, Capital (architecture), Energy (signal processing), International economics, Economics, Business

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