Energy

Energy Trade

EU gas consumption in Q1 up on year

Gas consumption in the EU-27 in the first quarter of 2021 rose by 7.6% year-on-year to 141.8 Bcm (billion cubic...

Green Energy

GE wins 187 MW Lithuania wind order

GE Renewable Energy said in a press release that it has secured a 187-MW (megawatt) turbine order in Lithuania from...

Green Energy

AES Bulgarian units produce 1,680 GWh in H1

AES Bulgaria, a unit of U.S.-based energy conglomerate AES Corporation, said that its thermal power plant (TPP) AES Galabovo and...

Green Energy

Hungary in talks on partnering in pumped-storage plant in Germany

Hungary is in talks about partnering in the construction of a pumped-storage power plant in Germany, the Innovation and Technology...

Power

Ganz EEG upgrades machinery

Ganz EEG, the Hungarian engineering unit of Russia's Rosatom, is spending EUR 3 million to upgrade its production machinery in...

Power

Domestic electricity consumption increased 8.2% in May

Domestic electricity consumption increased by 8.2% in May compared to the low level due to the restrictions characterizing the first...

Green Energy

Nordex swoops for 45 MW deal in Poland

German manufacturer Nordex announced it has secured a 45-MW (megawatt) turbine order with Swedish developer OX2 for a project in...

Power

Paks block back at nominal capacity

The number 4 block of the Paks nuclear power plant is back at nominal capacity, MVM Paksi Atomerőmű said late...

Energy Trade

Poland’s PKN Orlen considers boosting crude oil processing in Lithuania

Orlen Lietuva, a subsidiary of the Polish oil and gas company PKN Orlen, has signed a letter of intent (LoI)...

Green Energy

ReneSola sells 38 MW project in Poland

ReneSola Inc announced that it has sold 38 MW (megawatt) of solar projects located in Poland to Danish solar investor...

Power

Paks power plant block output reduced after malfunction

The Paks nuclear power plant's number four block is operating at 50% capacity after a turbine was shut down on...

Energy Trade

Sections of Serbian, Hungarian gas pipeline joined

The Hungarian and Serbian sections of a pipeline connecting the countries' gas networks was welded together in Horgos, a Serbian...

Green Energy

Enel unit builds PV park for retailer Kaufland in Romania

Enel X Romania, a local unit of Italy's Enel Group, is implementing a photovoltaic (PV) system for retailer Kaufland in...

Green Energy

Polish auctions award contracts for 2.5 GW of solar and wind

The Polish Energy Regulatory Office (ERO) has announced the final results of its solar and wind auction for projects above...

Energy Trade

Poland’s Gaz-System says it has begun building Baltic Pipe

Polish gas grid operator Gaz-System says it has started building the Baltic Pipe link between Denmark and Poland. The project...

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...