Energy

Green Energy

Businesses Must Shift to Green Today to Have a Future Tomorrow

The time for businesses, especially small- and medium-sized companies, to think about a shift to renewable energy is here. Industry...

Green Energy

Higher revenue, improved margins lift Alteo profit

Higher sales revenue and wider margins boosted listed alternative energy company Alteoʼs first-half net income 120% year-on-year to HUF 1.06...

Power

Technical malfunction causes Paks reactor trip

The Paks nuclear power plant reported a reactor trip on Thursday caused by a technical malfunction, according to state news...

Green Energy

Croatia tenders 50 MW of solar

Croatian electricity and gas regulator Hrvatski Operator Tržišta Energije has launched a tender for 88 MW (megawatt) of renewables capacity,...

Energy Trade

Pandemic sales plunge puts MOL in red in Q2

Hungarian oil and gas company MOL booked a second-quarter loss of HUF 41.5 billion as sales plummeted because of the...

Green Energy

Polandʼs Tauron lauds new record in renewables connections

Renewable power plants with a combined capacity of 254 megawatt (MW) - mostly micro-systems - have been connected to Tauron...

Green Energy

Poland to invest in innovative agricultural biogas plants

Twenty farm-scale biogas plants based on innovative Polish technology that will allow agricultural substrate management and its conversion into electricity...

Energy Trade

Poland’s PGNiG discovers more gas in the Podkarpacie region

Polish oil and gas company PGNiG announced it has successfully drilled another well on the Mielec–Bojanów fields. Together with the...

Energy Trade

Poland’s PGNiG imports of LNG rise 25% in H1

Polish gas monopoly PGNiG imported liquified natural gas (LNG) equivalent to 2.2 billion cubic meters (bcm) of natural gas in...

Green Energy

Polish utility Tauron to launch a 6-MW solar farm in Q4

Polish utility Tauron will launch a 6 MW (megawatt) photovoltaic (PV) solar farm in northwest Poland in the fourth quarter...

Green Energy

Solar panels increasing in popularity

It is becoming more fashionable to invest in solar panels in Hungary, says penzcentrum.hu....

Green Energy

Carbon Control: Not Enough Progress

While no one can doubt its devastating health and economic impacts, the coronavirus pandemic has also had some beneficial effects....

Energy Trade

GasNet opens first mobile LNG station in Czech Republic

GasNet, a Czech natural gas distributor, has put into operation the first public mobile self-serve unit for liquefied natural gas...

Energy Trade

MOL announces new gas discovery in Pakistan

Hungaryʼs oil and gas company MOL on Tuesday announced a new gas and condensate discovery in the TAL Block of...

Green Energy

Poland presses the offshore wind accelerator

The Polish government has published an updated draft of its proposed act to promote offshore wind development in the country,...

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...