Energy

Green Energy

Ceramic signs with E.ON for fuel cells

E.ON has signed a deal with Ceramic Fuel Cells to get the ball rolling for fuel cells to be put...

Green Energy

E.ON and a Czech mining company to jointly build coal power plant

German energy utility giant E.ON and Czech mining company Mostecka uhelna spolecnost (MUS) plan to jointly build a €2 billion...

Energy Trade

Gazprom wants access to French gas company assets

The Russian gas company Gazprom's access to assets of Suez – Gaz de France is seen as a component of...

Green Energy

Russia’s Inter RAO UES starts electricity supplies to Romania

Inter RAO UES, Russia's electricity import and export operator, has started electric power supplies to Romania for the first time...

Energy Trade

Iran and Turkey sign key Europe gas deal

Iran and Turkey have signed a preliminary agreement to pump Iranian gas to Europe via Turkey, a move that will...

Green Energy

Edison to create Greek joint venture with Hellenic Petroleum

European utility Edison's board of directors has authorized the signing of a memorandum of agreement with Greek hydrocarbon player Hellenic...

Green Energy

EU approves €47 mln aid to RWE’s Hungarian unit for electricity plant revamp

The European Union approved Hungary's proposal to give German energy producer RWE AG tax breaks worth €47 million ($64.7 million)...

Energy Trade

Gazprom chooses Total for Shtokman first phase

Gazprom has chosen French oil major Total SA as a partner in the first stage of developing the vast Shtokman...

Energy Trade

Russian gas finds a new way to Europe

Russia has found a way to keep from being held hostage by its unpredictable western neighbors, Belarus and Ukraine -...

Energy Trade

Trans-Sahara pipeline sees founders

An ambitious plan to build a natural gas pipeline from Nigeria across the Sahara Desert to supply Europe has been...

Energy Trade

Gazprom close to deal giving foreign companies role in Shtokman gas field

Gazprom is close to offering foreign companies a role in tapping its giant Shtokman gas field in the Barents Sea,...

Green Energy

Romanian power plant might be affected by lower flow of Danube

A decrease in the flow of the Danube River may pose problems in August as the availability of water for...

Energy Trade

Sibneftemash and Slawinski & Co discussing a JV opportunity in Tyumen

Russia's Sibneftemash OJSC and Germany's Slawinski & Co GmbH have entered into an exclusive distributor agreement envisaging the supplies of...

Energy Trade

Russian finance min. to propose granting Belarus $1.5 bln loan

Russian Finance Minister Alexei Kudrin said Friday his ministry would submit to the government a $1.5 billion loan proposal for...

Energy Trade

Promising new gas find in the Norwegian Sea

Operator Statoil has completed drilling an exploration well at the Yttergryta prospect on the Norwegian Sea's Halten Terrace, and was...

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...