Energy

Energy Trade

Two new companies for Ukraine gas sales

Russia’s energy giant Gazprom and Ukraine’s national energy company Naftogaz have agreed to create two new companies to facilitate natural...

Energy Trade

Two new companies for Ukraine gas sales

Russia’s energy giant Gazprom and Ukraine’s national energy company Naftogaz have agreed to create two new companies to facilitate natural...

Energy Trade

EU says backs Austrian exemption on Nabucco

The European Commission said on Monday it had approved an exemption from strict competition rules for Austria’s section of the...

Energy Trade

EU says backs Austrian exemption on Nabucco

The European Commission said on Monday it had approved an exemption from strict competition rules for Austria’s section of the...

Energy Trade

Sourcing The Nabucco pipeline to prevail against South Stream

Gas reserves at Azerbaijan’s Shah-Deniz field would amply suffice for the Nabucco pipeline’s first commercial phase, from 2013 onward. However,...

Energy Trade

Sourcing The Nabucco pipeline to prevail against South Stream

Gas reserves at Azerbaijan’s Shah-Deniz field would amply suffice for the Nabucco pipeline’s first commercial phase, from 2013 onward. However,...

Energy Trade

PGNiG signs preliminary gas deal with Iran

Polish gas monopoly PGNiG signed a preliminary deal with an Iranian state-owned oil company to cooperate on managing already-discovered gas...

Energy Trade

PGNiG signs preliminary gas deal with Iran

Polish gas monopoly PGNiG signed a preliminary deal with an Iranian state-owned oil company to cooperate on managing already-discovered gas...

Energy Trade

Hungary unaffected by Gazprom dispute

The most recent gas debate between Russia and Ukraine does not jeopardize the security of supplies to Hungary – the...

Energy Trade

Hungary unaffected by Gazprom dispute

The most recent gas debate between Russia and Ukraine does not jeopardize the security of supplies to Hungary – the...

Energy Trade

Gazprom warns Ukraine of closing gas supplies

Russia’s gas giant Gazprom has warned Ukraine that it will suspend gas supplies, if Kiev fails to settle all overdue...

Energy Trade

Gazprom warns Ukraine of closing gas supplies

Russia’s gas giant Gazprom has warned Ukraine that it will suspend gas supplies, if Kiev fails to settle all overdue...

Energy Trade

China’s natural gas output up 23.1%

China's production of natural gas rose 23.1% last year, faster than in 2006, to 69.31 billion cubic meters as the...

Energy Trade

China’s natural gas output up 23.1%

China's production of natural gas rose 23.1% last year, faster than in 2006, to 69.31 billion cubic meters as the...

Energy Trade

Tymoshenko seeks to end gas mediation

Prime Minister of Ukraine Yulia Tymoshenko concentrated significant attention on gas supply to Ukraine and its transit to the EU...

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...