Energy

Green Energy

AES Corp. to build two power plants in India worth $2.8 bln

Plans to build two power plants with a total investment of $2.8 billion will make AES Corporation (Arlington, Va.) the...

Energy Trade

New gas field found in east Bolivia

A new gas field has been found in east Bolivia, which will have a production capacity of 2.4 million cubic...

Energy Trade

New gas field found in east Bolivia

A new gas field has been found in east Bolivia, which will have a production capacity of 2.4 million cubic...

Green Energy

E.ON see more profit in Sweden

Germany’s E.ON AG expects 2007 profits in Sweden to exceed the 5 billion krona ($778 million) recorded last year, Haakan...

Green Energy

E.ON see more profit in Sweden

Germany’s E.ON AG expects 2007 profits in Sweden to exceed the 5 billion krona ($778 million) recorded last year, Haakan...

Energy Trade

Eurogas, ACS Groups on UGS Project in Spain

Eurogas Corporation has entered into an agreement with ACS Group and Enagas that will significantly advance the Castor underground gas...

Energy Trade

Eurogas, ACS Groups on UGS Project in Spain

Eurogas Corporation has entered into an agreement with ACS Group and Enagas that will significantly advance the Castor underground gas...

Energy Trade

Iran oil output to reach 4.2 mbpd by March ’08

The National Iranian Oil Company (NIOC) production affairs head announced that the country’s crude output would soar to 4.2 million...

Energy Trade

Iran oil output to reach 4.2 mbpd by March ’08

The National Iranian Oil Company (NIOC) production affairs head announced that the country’s crude output would soar to 4.2 million...

Energy Trade

Iran reduces gas exports to Turkey

An official at the Iranian government said that Tehran has reduced natural gas exports to Turkey to a minimum because...

Energy Trade

Iran reduces gas exports to Turkey

An official at the Iranian government said that Tehran has reduced natural gas exports to Turkey to a minimum because...

Energy Trade

Belarus to buy Russian gas at $119 per 1,000 cubic meters in 1Q

Russia’s natural gas will be supplied to Belarus in the Q1 of 2008 at the price of $119 per 1,000...

Energy Trade

Belarus to buy Russian gas at $119 per 1,000 cubic meters in 1Q

Russia’s natural gas will be supplied to Belarus in the Q1 of 2008 at the price of $119 per 1,000...

Energy Trade

Calls for reform of Russia’s LPG market

Gazprom is doubling its number of liquid gas filling stations in Russia, boosting its monopoly on the domestic LPG market....

Energy Trade

Calls for reform of Russia’s LPG market

Gazprom is doubling its number of liquid gas filling stations in Russia, boosting its monopoly on the domestic LPG market....

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...