Energy

Energy Trade

EC clears operation of Hungarian-Slovakian interconnector

The European Commission (EC) has cleared the operation of the Hungarian-Slovakian gas interconnector pipeline following a change in the ownership...

Energy Trade

Official: Hungarian gas deliveries to Ukraine jump

Daily gas deliveries to Ukraine via Hungary reached 7.4 mln cubic meters on Monday, up sharply from 720,000 cubic meters...

Green Energy

Alstom wins contract to renew blocks of Matrai power plant

France-based Alstom, a global leader in power generation, power transmission and rail infrastructure, has won a public procurement tender in...

Energy Trade

Hungary to spend HUF 150 bln in EU funding on flood defense

Hungary will spend some HUF 150 bln in European Union funding on flood defence in the 2014-2020 budget period, a...

Energy Trade

Gas, electricity consumption grows

Consumption of both natural gas and electricity rose in Hungary despite milder winter, as compared to the previous one, by...

Energy Trade

Lázár seeks to review utility companies on suspicion of overcharging

Cabinet Chief János Lázár said on Saturday that he plans to conduct a review of how utility companies measure and...

Green Energy

Vértes Power Plant to build gas-fuel facility

Vértes Power Plant, owned by the Hungarian state’s Hungarian Electricity Works (MVM), is planning to build a temporary gas engine...

Energy Trade

Orbán keen to transport gas to Hungary via Turkey

Hungarian Prime Minister Viktor Orbán on Tuesday called for efforts to ensure the transport of gas to central Europe, Hungary...

Energy Trade

Kiev’s failure to pay gas bill could cost EU its supply

Ukraine has two days to pay the bills before Russia cuts off its gas supplies. This of course “creates serious...

Energy Trade

Hungarian gas deliveries to Ukraine climb 15%

Gas deliveries to Ukraine via Hungary have increased by 15% to 5.9 mln cubic meters per day, Ukraine's gas transmission...

Energy Trade

Ukraine expects 10% more gas through Hungary

Ukraine expects daily gas flow through Hungary to grow 10% to 5.5 million cubic meters from today, Maxim Belyavsky, public...

Green Energy

Mátrai Erőmű to build HUF 6.4 bln solar plant

Hungary's Mátrai Erőmű power plant is scheduled to begin construction of the country's largest solar power plant this spring, with...

Energy Trade

Szijjártó: Russia secures gas for 3-5 years for Hungary

According to the agreement signed yesterday by Hungary’s Prime Minister Viktor Orbán and Russia’s President Vladimir Putin, the amount of...

Energy Trade

Hungary, Russia sign gas deal

Hungary’s Prime Minister Viktor Orbán and Russia’s President Vladimir Putin agreed during a meeting held in Budapest yesterday that Hungary...

Energy Trade

Hungary discusses energy with Serbia

Prime Ministers Viktor Orbán of Hungary and Aleksandar Vucic of Serbia, and Foreign Ministers Péter Szijjártó of Hungary and Ivica...

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...