GVH > Cooperation agreements

Hungarian Energy Office

The Hungarian Energy Office plays a very important role in the operation of the regulated and competitive markets (the electricity and natural gas market have been liberalised during the recent years) by issuing operation licences for market players, regulating companies which act as natural or legal monopolies and at the preparation of decisions on prices and by supervising the market.

The purpose of the agreement between the GVH and the Office is the following: strengthening the competition in the wire/pipeline energy market, enforcing the protection of market operations, increasing the efficiency of the regulation and promoting uniform law enforcement. To achieve these objectives the two authorities established a working group which would analyse market processes and agreed on the conditions of information exchange (including the exchange of confidential information).