Energy

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...

Green Energy

Croatia’s Atlantic Grupa Puts 1st Solar Power Plant Into Operation

Croatia's fast-moving consumer goods distributor Atlantic Grupa said Wednesday it has put its first solar power plant into operation to...

Energy Trade

Bulgarian Regulator Affirms 14% Cut in March Natgas Price

Bulgaria's utilities regulator on Wednesday said that it approved a wholesale price of natural gas valid for March of BGN...

Energy Trade

MOL Starts Production at 3 Shallow Gas Wells in Hungary

Hungarian oil and gas company MOL on Monday announced the start of production at three new shallow gas wells in...

Energy Trade

Hungary Was Romania’s Main Electricity Partner Last Year

Hungary was Romania's main partner in electricity trade in 2022, according to the Romanian economic portal Economica.net, based on January-November...

Green Energy

Mavir Network Upgrade Plan Cleared

A HUF 400 bln, four-year network upgrade plan by state-owned transmission system operator Mavir has been approved by the Hungarian...

Green Energy

MET Group to Install 30 MW E-boiler at Dunamenti Power Plant

Dunamenti Power Plant, a member of MET Group, has launched an electrode boiler power-to-heat project, which will utilize excess green...

Green Energy

Hungary, Croatia, Portugal Fail to Enact Renewable Rules

The European Commission said it decided to refer Croatia, Hungary and Portugal to the Court of Justice of the European...

Green Energy

Romanian City Brașov Plans PV Park to Produce Own Electricity

Brașov, a popular mountain city in Transylvania, Romania, will produce its own clean electricity, Mayor Allen Coliban announced....

Green Energy

Solar Production in Hungary Hits New Peak

Solar production in Hungary reached a new peak, according to a release from the Ministry of Energy on its website....

Energy Trade

Production at Corvinus Project Gas Well Starts

Production started at a gas well that uses alternative extraction technology on the outskirts of Sarkad (about 196 km southeast...

Energy Trade

Hungary Gas Consumption Falls 24% in December

Gas consumption in Hungary fell 24% year-on-year to 12.4 TWh in December, state news wire MTI writes citing a monthly...

Energy Trade

Serbia to Invest EUR 100 mln in Oil Pipeline With Hungary

Serbia plans to invest EUR 100 million in the construction of an oil pipeline to Hungary which will help diversify...

Green Energy

EIB Invests Over EUR 17 bln in Renewables

The European Investment Bank has said it signed a record amount in new financing for renewables, efficiency, storage, and grids...

Energy Trade

Croatia Paying MOL USD 235 mln Award

The state of Croatia will pay Hungarian oil and gas company MOL a USD 235 million award rendered in an...

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...