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Hungarian power exchange launch positive for eastern European markets

The Hungarian power exchange's (HUPX) first day-ahead auction was a positive development for the Hungarian power market, say analysts

The Hungarian power exchange's (HUPX) launch and first day-ahead auction is seen by analysts as a positive development for the Hungarian and eastern European power markets.

The auction was carried out on July 20 in collaboration with Paris-based EPEX Spot and clearing house European Commodity Clearing (ECC). Seven out of the 10 members participated on the first trading day for delivery the

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