Energy

Energy Trade

Serbian gov’t to adopt energy deal with Russia – extended

The cabinet will meet in Belgrade today to adopt an agreement on energy cooperation with Russia. Latest news: Serbia agrees...

Green Energy

India: Investment in renewable energy increasing

The global investment in renewable energy sources in 2007 was estimated to be over $65 billion, up from $55 billion...

Green Energy

India: Investment in renewable energy increasing

The global investment in renewable energy sources in 2007 was estimated to be over $65 billion, up from $55 billion...

Green Energy

UK: Investors look to gain first movers advantage in energy sector

AS expected the Government has backed the construction of ‘new nuclear’ in the UK Energy White Paper....

Green Energy

UK: Investors look to gain first movers advantage in energy sector

AS expected the Government has backed the construction of ‘new nuclear’ in the UK Energy White Paper....

Energy Trade

Exec says Nabucco expects to transport gas from Russia

The consortium behind the Nabucco gas pipeline has signed letters of intent with seven European companies for deliveries of gas...

Energy Trade

Exec says Nabucco expects to transport gas from Russia

The consortium behind the Nabucco gas pipeline has signed letters of intent with seven European companies for deliveries of gas...

Energy Trade

Russia to cover gas shortage in Ukraine

Natural gas trader RosUkrEnergo said it would sell Russian gas to Ukraine to cover a shortfall in Central Asian supplies....

Energy Trade

Russia to cover gas shortage in Ukraine

Natural gas trader RosUkrEnergo said it would sell Russian gas to Ukraine to cover a shortfall in Central Asian supplies....

Energy Trade

Bulgaria may delay Russian gas to EU

Bulgaria is considering the option of not signing an agreement, which could in turn delay deliveries of gas from Russia...

Energy Trade

Bulgaria may delay Russian gas to EU

Bulgaria is considering the option of not signing an agreement, which could in turn delay deliveries of gas from Russia...

Energy Trade

TAQA completes acquisition of energy trust

The Canadian arm of Abu Dhabi National Energy Company, or TAQA, has completed its $4.6 billion acquisition of Calgary-based PrimeWest...

Energy Trade

TAQA completes acquisition of energy trust

The Canadian arm of Abu Dhabi National Energy Company, or TAQA, has completed its $4.6 billion acquisition of Calgary-based PrimeWest...

Energy Trade

Brussels concerned over Russia-Serbia oil deal

The European Commission expressed concerns over Russia's planned acquisition of Serbia's biggest oil and gas company....

Energy Trade

Brussels concerned over Russia-Serbia oil deal

The European Commission expressed concerns over Russia's planned acquisition of Serbia's biggest oil and gas company....

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...