Energy

Green Energy

Photon Energy Connects 6 MWp of Solar Farms in Romania

Amsterdam-based independent power producer Photon Energy NV said on Thursday it had finalized three solar PV projects totaling 6 MWp...

Energy Trade

Shaping the European Hydrogen Landscape

One day after the 4th LNG Summit in the Hungarian capital, industry leaders and policymakers convened at the 2nd Budapest...

Energy Trade

Budapest LNG Summit 2023: The Future of Gas

Industry leaders and policymakers convened in Budapest for the fourth time on April 3 to discuss the European gas and...

Green Energy

Chint Solar to Develop 200 MWp of PV Projects in Hungary

Solar developer Chint Solar announced in a press statement yesterday that it would develop almost 200 megawatt-peak (MWp) of solar...

Energy Trade

Expanded Krk Terminal to go Live in Early 2025: LNG Croatia 

The expanded liquefied natural gas terminal on the Croatian Adriatic island of Krk, whose capacity will increase to 6.1 billion...

Green Energy

Renewables Make up Third of Primary Energy Production in Hungary

Renewables accounted for 32% of Hungary's primary energy production in 2021, data compiled by Eurostat show....

Energy Trade

Szijjártó Presses to Expand Gas Supply, Not Cut Demand

Minister of Foreign Affairs and Trade Péter Szijjártó said Europe ought to "concentrate on the supply side" rather than cut...

Energy Trade

POPIHN Raises Forecast for Fuel Consumption

The Polish Organization of Oil Industry and Trade (POPIHN) expects fuel consumption in Poland to amount to 37.0 million cubic...

Green Energy

Czech Republic Refills Rooftop PV Rebate Pot

The Czech Ministry of the Environment has revealed that it has secured new funds from the European Union for its...

Energy Trade

Serbia to Hike Electricity, Gas Prices From May 1

The Serbian government said on Tuesday, cited by SeeNews, that it plans to increase electricity and natural gas prices for...

Energy Trade

Poland and Slovakia to Further Strengthen Regional Gas Ties

Representatives of Poland's Gaz-System and Slovakia's state-owned SPPand Peter Gerhart, State Secretary at the Ministry of Economy recently discussed opportunities...

Green Energy

Regional Infrastructure for Energy Diversification Needed

Minister of Foreign Affairs and Trade Péter Szijjártó urged European Union Commissioner for Energy Kadri Simson to make the construction...

Energy Trade

MOL Group Ships Azeri Crude to Bratislava Refinery

Hungary's MOL Group on Monday said it has started delivery of crude from a field in Azerbaijan to its refinery...

Green Energy

Lithuania Sets out Offshore Wind Tender Plans

The Lithuanian government has approved the requirements for developers of offshore wind farms without state aid, reported energy portal reNEWS....

Green Energy

Hungary Could Re-launch Feed-in Tariff Applications in 2023

Hungary could start accepting household applications to join the country's feed-in tariff scheme again "as soon as this year," Minister...

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...

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...

Budapest Rooftops Could Generate 2.5 Times Paks Output, Mayor Says

Budapest rooftops could potentially generate energy equivalent to 2.5 times the output of the Paks nuclear power plant through solar...