Energy

Energy Trade

Hungary to take delivery of further 2.2 bln cubic meters of Russian gas

Hungary will take delivery of a further 2.2 billion cubic meters of gas from Gazprom this year, meaning the country’s...

Power

Malfunction at Block 3 of Paks power plant cuts output by 240MW

An electrical system malfunction at block number three of the Paks nuclear power plant cut output by 240MW from 9:20...

Green Energy

Novi Pazar in Serbia gets EUR 5.8 mln to switch heating plant to biomass

Serbia’s Ministry of Mining and Energy has allocated EUR 5.8 million (USD 6.53 mln) for the Novi Pazar heating plant,...

Green Energy

Innogy breaks ground on 47.5-MW Polish wind farm

Germany’s innogy SE said on March 10 it has launched construction of a 47.5-megawatt (MW) wind farm in Poland’s West...

Energy Trade

Transgaz commits to export 1.75 bln m³ of gas to Hungary annually

The European Commission on Friday made legally binding the commitments offered by Romaniaʼs Transgaz to export gas to Hungary, according...

Energy Trade

Ukraine’s Naftogaz in talks with US to kill off Nord Stream 2 gas link, CEO says

Ukraine’s state-owned gas company Naftogaz Ukrainy is in talks with the United States on what further measures could be taken...

Green Energy

Photon Energy commissions 8 PV power plants in Hungary

Photon Energy Solutions HU Kft., a subsidiary of Photon Energy N.V., announced completing and grid-connecting eight photovoltaic power plants with...

Energy Trade

Serbia’s onshore extension of TurkStream gas link laid, minister says

Serbia’s onshore extension of the TurkStream gas pipeline had been laid, the country’s Energy Minister Aleksandar Antić said on February...

Energy Trade

Hungary stands by offer to acquire stake in Croatia LNG terminal

Hungary stands by its offer to buy a minority stake in a liquefied natural gas (LNG) terminal Croatia is building,...

Energy Trade

Hungary, Slovakia sign MoU on gas interconnector expansion

Hungary and Slovakia signed a memorandum of understanding on Friday on expanding gas interconnector capacity, state news wire MTI reports....

Energy Trade

Hungary could start taking deliveries of Azeri gas from 2023

Hungary could start taking deliveries of 1 billion-2 bln cubic meters of gas from Azerbaijan from 2023, Minister of Foreign...

Green Energy

Czech Doosan Škoda Power wins first-ever Japan contract for steam turbine

Doosan Škoda Power will supply a two-core steam turbine to a new Japanese biomass-fired power plant, it’s first ever in...

Green Energy

Czech GEEN Holding to start building 3rd biomass unit in Croatia

Czech renewable energy producer GEEN Holding will soon start construction of its third biomass-fueled combined heat and power (CHP) plant...

Energy Trade

Ukraine’s Naftogaz receives USD 578 mln from Gazprom for gas transit

State-owned Naftogaz Ukrainy received USD 578.4 million in January from Russia’s Gazprom to ensure natural gas transit during three months,...

Green Energy

Hungary importing less electricity

Gross domestic electricity consumption reached 45.66 TWh in 2019, an increase of 243 GWh, or 0.53% from 45.41 TWh in...

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...