PICASSO & MARI: Preparing for Hungary's Entry

In October 2026, Hungary joins PICASSO and MARI — Europe's platforms for real-time cross-border exchange of balancing energy (FRR). After repeated delays, this go-live finally connects Hungary to the shared European merit order, unlocking better volumes and cross-border optimization across the region.

This half-day live webinar (2:45 hours, recorded and split by session so you can watch on your own schedule) walks through what this means in practice: how PICASSO and MARI actually work, what the Hungarian balancing market looks like today, and what history from other new entrants — like Italy — tells us about what to expect.

The workshop will cover:

• The current Hungarian imbalance price mechanism and ancillary services
• How PICASSO, MARI, and the IGCC work — including elastic aFRR demand
• Where to find the data you'll need, and how to use it
• Historical FRR price and volume analysis (2024–2026)
• A case study on Italy's PICASSO entry and elastic-demand impact
• Practical takeaways on what to expect when Hungary goes live

Who should attend: Short-term traders, portfolio and asset managers, regulatory affairs teams, market analysts

Presenters: Silvia Messa (Head of Analysis) and Evelina Mitrofan (Market Expert, CSEE & Italy)