Energy

Energy Trade

Kazakhstan studying Caspian-Europe pipe to bypass Russia

Kazakhstan's government could join a proposed gas pipeline linking the energy-rich Caspian to Europe, bypassing Russia, if the project meets...

Energy Trade

Égáz-Dégáz targets 25% profit rise in 2007 after poor 2006

The Hungarian holdings of French natural gas company Gaz de France (GdF) are expected to produce a 12% rise in...

Energy Trade

KazMunaiGas to build $1.5 bln gas processing plant

Kazakhstan's state energy company KazMunaiGas plans to build a $1.2-1.5 billion natural gas processing plant at Karachaganak, one of Kazakhstan's...

Green Energy

Vestas Northern Europe unit wins Polish order for wind turbines

Danish Vestas Wind Systems AS said its Vestas Northern Europe unit has received an order for 24 units of the...

Green Energy

Interest in Russian floating nuclear plant

Russia says other countries are interested in the floating nuclear plant it started building Sunday, which it plans to mass...

Energy Trade

IHT: Gazprom seeks further expansion in Europe

After entering the lucrative distribution sector in major European Union countries, Gazprom, the Russian state-owned energy monopoly, said Monday that...

Energy Trade

Russia’s gas giant plans UK price war

Gazprom, Russian gas giant is set to wage a price war against British Gas and other major suppliers by offering...

Green Energy

Soteg to build power plant in Germany

Russian gas monopoly OAO Gazprom and Luxembourg energy group Soteg SA said Friday they had agreed to build a €400...

Energy Trade

Gazprom’s program of NGV fueling network, 200 new filling stations

OAO Gazprom approved the program of gas filling stations network development and a vehicle park working on natural gas in...

Green Energy

Rosatom and Rusal to build nuclear power plant in Russia

Russia's nuclear energy agency Rosatom and Russian aluminum producer Rusal have signed a memorandum on implementing a number of long-term...

Energy Trade

Gazprom’s gas reserves at 29.8 trillion cubic meters as of early 2007

Russia's energy giant OAO Gazprom said Tuesday its natural gas reserves stood at 29.8 trillion cubic meters as of the...

Green Energy

Serbia plans new hydro

Serbia is planning to construct four small hydroelectric power plants with a combined generating capacity of 4.3 MW in the...

Energy Trade

Fears of gas cartel ease

Major gas producers’ decision to set up a panel to examine gas prices should put fears of a cartel to...

Energy Trade

French genocide bill prompts Turkey to suspend Nabucco pipeline talks

Turkey has suspended talks with Gaz de France over a pipeline project that would bring Caspian natural gas to Europe...

Energy Trade

Gazprom, Romania’s Conef Energy sign long-term gas deal

Russia's energy giant Gazprom and Romania's Conef Energy SRL have signed a contract for natural gas deliveries to Romania in...

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...