Energy

Green Energy

ALTEO to build 5MW energy storage facility

Listed alternative energy company ALTEO said on Monday that it will build a 5 MW energy storage facility in the...

Energy Trade

ČEZ Distribution Bulgaria to invest in grid automation

ČEZ Distribution Bulgaria, the local unit of Czech state-owned energy company ČEZ, said that it will invest some BGN 1.7...

Green Energy

Italy’s Alerion Clean Power buys 3 solar plants in Romania

Italian renewable energy holding Alerion Clean Power said on Tuesday that it has acquired three companies that own as many...

Energy Trade

Bulgaria’s ESO opens tender for repair, construction of power lines

Bulgaria's state-owned Electricity System Operator (ESO) said on Monday that it launched a BGN 275.5 million (USD 171.8 million) tender,...

Green Energy

Bulgaria’s Varna TPP to build 550 MW combined-cycle capacity

Bulgaria's Varna Thermal Power Plant (TPP) said that it plans to build two steam-gas combined cycle units of 275 MW...

Energy Trade

Hungary reaches deal ‘in principle’ on Russian gas purchases

Hungary has reached an agreement "in principle" on a long-term contract for buying gas from Russia, Minister of Foreign Affairs...

Green Energy

Bosnian utility seeks proposals for PV, wind, hydro plants

JP Elektroprivreda HZ HB d.d. Mostar, the public power utility of Bosnia-Herzegovina, has launched a call to acquire operational renewable...

Green Energy

Ignitis 94-MW Polish wind farm starts operation

Lithuanian renewables-focused utility Ignitis Group said it has started feeding power to the grid from its 94-MW (megawatt) Pomerania wind...

Green Energy

EU islands facility NESOI to support 28 clean energy projects

A total of 28 innovative clean energy projects have been selected to receive EUR 3.2 million (USD 3.9 million) in...

Energy Trade

Serbia to guarantee EUR 169 mln in Srbijagas loans for gas grid expansion

Serbia's government plans to issue guarantees on loans with a total value of EUR 169 million (USD 207 million) extended...

Green Energy

ENGIE Romania buys 5.46 MWp solar park 

The Romanian unit of French power company ENGIE said on Thursday that it has completed the acquisition of a 5.46...

Green Energy

EBRD, EU-backed fund invests in Armenia’s renewable energy sector

Private equity fund Amber Capital Armenia, supported by the European Bank for Reconstruction and Development (EBRD) and the European Union,...

Energy Trade

Romania’s Delgaz Grid to invest EUR 126 mln in 2021

Romanian electricity and natural gas distributor Delgaz Grid, a member of Germany's E.ON group, said on Tuesday that it plans...

Green Energy

Gov’t approves nat’l hydrogen strategy

Hungary's government has approved the National Hydrogen Strategy, State Secretary for Circular Economy, Energy, and Climate Policy Attila Steiner said...

Energy Trade

Slovenia met 55% of own energy needs in 2020

Slovenia met 55% of its energy needs from own sources of energy in 2020, reducing its energy dependence by 7...

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...