Energy

Energy Trade

Hungary: Emfesz does not expect gas supply problems

Although Hungarian natural gas supplies are not threatened by the Russian-Ukrainian price dispute for the time being, Hungarian consumers should...

Energy Trade

Gazprom woos Europe, says to avoid supply tension

Gazprom is determined to prevent further conflicts with its gas exporting neighbors and to cement ties with its European clients,...

Energy Trade

Gazprom woos Europe, says to avoid supply tension

Gazprom is determined to prevent further conflicts with its gas exporting neighbors and to cement ties with its European clients,...

Green Energy

India to help Sri Lanka set up 500MW power plant

India and Sri Lanka Wednesday agreed on a timetable to build a 500 MW coal-fired power plant in Veloor, near...

Green Energy

India to help Sri Lanka set up 500MW power plant

India and Sri Lanka Wednesday agreed on a timetable to build a 500 MW coal-fired power plant in Veloor, near...

Green Energy

Bulgaria to set up giant energy company

Bulgaria is to merge five power companies into one of the largest energy entities in the region, the government’s information...

Green Energy

Bulgaria to set up giant energy company

Bulgaria is to merge five power companies into one of the largest energy entities in the region, the government’s information...

Energy Trade

Gazprom to spend $300 mln on Kyrgyz natural gas exploration

Kyrgyzstan expects Russian natural gas monopoly Gazprom to invest some $300 million in prospecting in the Central Asian country by...

Energy Trade

Gazprom to spend $300 mln on Kyrgyz natural gas exploration

Kyrgyzstan expects Russian natural gas monopoly Gazprom to invest some $300 million in prospecting in the Central Asian country by...

Energy Trade

StatoilHydro partner in Trans Adriatic gas pipeline – extended

Norway’s StatoilHydro and Swiss EGL Group will on Wednesday sign an agreement to establish an equally-owned joint venture to develop,...

Energy Trade

StatoilHydro partner in Trans Adriatic gas pipeline – extended

Norway’s StatoilHydro and Swiss EGL Group will on Wednesday sign an agreement to establish an equally-owned joint venture to develop,...

Energy Trade

Iran warns India to regard time on gas pipeline project

“Time is running out of the Indo-Iran gas pipeline project,” said foreign ministry spokesperson of Iran, Syed Mohammad Ali Hosseini...

Energy Trade

Iran warns India to regard time on gas pipeline project

“Time is running out of the Indo-Iran gas pipeline project,” said foreign ministry spokesperson of Iran, Syed Mohammad Ali Hosseini...

Green Energy

Poland, Lithuania clinch power link deal

Poland and Lithuania agreed on Tuesday to build a power link, setting the stage to proceed with delayed plans for...

Green Energy

Poland, Lithuania clinch power link deal

Poland and Lithuania agreed on Tuesday to build a power link, setting the stage to proceed with delayed plans for...

Energy

Energy Transition Puts Grid Investment, Regulatory Reform in Focus

Hungary’s next energy challenge is integrating its expanding renewable capacity into a reliable, flexible electricity system. E.ON’s Guntram Würzberg discusses...

Energy

Large-scale Energy Storage Enters Center Stage

The role of storage in Hungary’s energy supply system was neglected for far too long. Now things are moving fast,...

Green Energy

MOL Opens HUF 2.7 bln Biomethane Unit in Szarvas

Hungarian oil and gas company MOL inaugurated a new HUF 2.7 billion biomethane unit at its biogas plant in Szarvas,...

Energy

EU Funding Upgrades the Electricity Grid, the Foundation of the Future Energy System

The energy transition’s next phase is about delivering renewable electricity where and when it is needed. That requires greater grid...

Green Energy

Geothermal Energy: ‘Enormous’ Potential in Europe Still Awaiting Full Exploitation

Hungary boasts modest progress in exploiting geothermal energy at the Budapest summit, while experts highlight many conundrums hampering development across...

Energy Trade

E.ON Launches HUF 230 bln Grid Upgrade to Support Hungary’s Energy Transition

E.ON Hungária Group has launched a nearly HUF 230 bln electricity network development program that will create 2,323 MW of...

Green Energy

Futureal Expands in Finland With 3 GW Renewable‑energy Portfolio

Futureal Energy Partners has partnered with Finnish renewable-energy developer Aurinkokarhu Oy to advance a 3 GW portfolio of solar, battery...

Green Energy

Battery Storage Fleet Delivers Up to 1,000 MW to Support Evening Power Demand

Hungary’s rapidly expanding battery storage fleet is becoming a critical tool for balancing the power grid, shifting cheap daytime electricity...

Energy Transition Puts Grid Investment, Regulatory Reform in Focus

Hungary’s next energy challenge is integrating its expanding renewable capacity into a reliable, flexible electricity system. E.ON’s Guntram Würzberg discusses...

Hungary Still EU’s Largest Buyer of Russian Pipeline Gas

Despite reducing its Russian pipeline gas purchases by 10%, Hungary remained the European Union's largest buyer in the first eight...

Large-scale Energy Storage Enters Center Stage

The role of storage in Hungary’s energy supply system was neglected for far too long. Now things are moving fast,...

MOL Opens HUF 2.7 bln Biomethane Unit in Szarvas

Hungarian oil and gas company MOL inaugurated a new HUF 2.7 billion biomethane unit at its biogas plant in Szarvas,...

EU Funding Upgrades the Electricity Grid, the Foundation of the Future Energy System

The energy transition’s next phase is about delivering renewable electricity where and when it is needed. That requires greater grid...

Geothermal Energy: ‘Enormous’ Potential in Europe Still Awaiting Full Exploitation

Hungary boasts modest progress in exploiting geothermal energy at the Budapest summit, while experts highlight many conundrums hampering development across...

E.ON Launches HUF 230 bln Grid Upgrade to Support Hungary’s Energy Transition

E.ON Hungária Group has launched a nearly HUF 230 bln electricity network development program that will create 2,323 MW of...

Naftogaz, MOL Sign MoU on Fuel Storage in Hungary for Ukraine

Ukraine’s Naftogaz has signed a memorandum of understanding with Hungary’s MOL to explore developing petroleum product storage facilities near the...

Hungary Can Secure Gas Supply Without Russian Imports, Kapitány Says

Hungary could secure its gas supply without Russian imports by October 2027 if current conditions hold, Economy and Energy Minister...

E.ON Installs Four Battery Storage Systems to Support Solar Power and Grid Stability

E.ON Hungária Group has installed four battery storage systems with a combined output of 4 MW and storage capacity of...

MVM Introduces Dynamic Electricity Tariff

From Sep. 1, households and microbusinesses under universal service can voluntarily switch to energy company MVM's new dynamic tariff, which...

Paks Output Tops 800 MW as Record Drought, Heatwave Ease

Output at Hungary's Paks nuclear power plant rose above 800 MW on Sunday as conditions began to improve following the...

Hungary Targets Tenfold Expansion in Wind Power Capacity by 2030

Hungary’s long-stagnant wind energy sector could be set for significant expansion under a government package aimed at increasing installed capacity...

Futureal Expands in Finland With 3 GW Renewable‑energy Portfolio

Futureal Energy Partners has partnered with Finnish renewable-energy developer Aurinkokarhu Oy to advance a 3 GW portfolio of solar, battery...

Battery Storage Fleet Delivers Up to 1,000 MW to Support Evening Power Demand

Hungary’s rapidly expanding battery storage fleet is becoming a critical tool for balancing the power grid, shifting cheap daytime electricity...