dr. Mátyás Vajta

Dr. Mátyás Vajta, CEO of HUPX, graduated as a lawyer from Catholic University of Péter Pázmány and as a lawyer-economist from Budapest University of Technology and Economics. His career at HUPX started ten years ago in 2010, when Mr. Vajta became the Head of Market Surveillance and Back Office at the newly founded Hungarian Power Exchange, where he worked for two and a half years. He continued his professional path in the field of energy by working in the Hungarian Transmission System Operator – MAVIR Ltd. from 2013. At MAVIR, he fulfilled important positions as the Head of Department of Renewable Energy Sources and Director of Market Operations. In 2018, he was the CEO of KOM Central Smart Metering Ltd., a subsidiary of MAVIR Ltd. During the past decade, Mr. Vajta took part in several electricity market related projects. As one of the first employees in HUPX, he played an important role in building HUPX Ltd. as a company and was part of the implementation of the day-ahead and physical futures markets of the PX. He was also involved in the creation of the CZ-SK-HU and 4M market couplings, and the XBID LIP15 project. Being the Director of Market Operations he represented MAVIR in numerous international projects such as the Single Day-Ahead Coupling (SDAC), the Single Intraday Coupling (SIDC), the Core Capacity Calculation Region, the Core Flow-based Market Coupling project, the DE-AT-PL-4MMC (“Interim Coupling”) project and actively participated in several working groups of ENTSO-E. Dr. Mátyás Vajta returned to HUPX in 2020 and has been leading the Hungarian organized electricity market as the CEO of the company.