Energy

Energy Trade

Is the Nabucco natural gas pipeline a pipe dream?

The Nabucco natural gas pipeline saga has been running since the 1990s. Considered technically feasible back then, Nabucco (short for...

Energy Trade

E.ON Gaz Romania: Gas prices to rise by 30% in 2008

Gas prices for final consumers will rise by 30% by the end of 2008, with the year due to start...

Energy Trade

E.ON Gaz Romania: Gas prices to rise by 30% in 2008

Gas prices for final consumers will rise by 30% by the end of 2008, with the year due to start...

Energy Trade

Gazprom, Wingas to boost underground gas storage

Gazprom and Germany’s Wingas AG intend to boost their joint underground gas storage capacity to 8 billion cubic meters, the...

Energy Trade

Gazprom, Wingas to boost underground gas storage

Gazprom and Germany’s Wingas AG intend to boost their joint underground gas storage capacity to 8 billion cubic meters, the...

Energy Trade

Gas for Europe to come from middle of nowhere

Gazprom is launching production at the Yuzhno-Russkoye gas field. It’s located in the Yamalo-Nenets Autonomous Area in Siberia. It will...

Energy Trade

Gas for Europe to come from middle of nowhere

Gazprom is launching production at the Yuzhno-Russkoye gas field. It’s located in the Yamalo-Nenets Autonomous Area in Siberia. It will...

Energy Trade

Gazprom to export gas to South Korea

A Russian official says the country’s Gazprom and South Korea’s Kogas are discussing the expansion of cooperation in the gas...

Energy Trade

Gazprom to export gas to South Korea

A Russian official says the country’s Gazprom and South Korea’s Kogas are discussing the expansion of cooperation in the gas...

Green Energy

E.ON signs power plant deal with Siemens

German utility giant E.ON Kraftwerke has signed the contract for establishing a power plant in Gönyű in western Hungary with...

Green Energy

E.ON signs power plant deal with Siemens

German utility giant E.ON Kraftwerke has signed the contract for establishing a power plant in Gönyű in western Hungary with...

Energy Trade

MOL, OMV to merge in 3 years?

OMV is basically open to MOL’s suggestion to create an independent company to unite traffic of natural gas, said Wolfgang...

Energy Trade

MOL, OMV to merge in 3 years?

OMV is basically open to MOL’s suggestion to create an independent company to unite traffic of natural gas, said Wolfgang...

Energy Trade

MOL, Gazprom heads talk pipeline

Heads of Hungary’s MOL and Russia’s Gazprom met for discussions on the project–company established to prepare the Hungarian section of...

Energy Trade

MOL, Gazprom heads talk pipeline

Heads of Hungary’s MOL and Russia’s Gazprom met for discussions on the project–company established to prepare the Hungarian section of...

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...