Energy

Green Energy

Nuclear power, renewable energy can help meet growing demand for electricity

Hungary should count on nuclear power as well as renewable energy to meet the country’s growing demand for electricity, György...

Green Energy

Nuclear power, renewable energy can help meet growing demand for electricity

Hungary should count on nuclear power as well as renewable energy to meet the country’s growing demand for electricity, György...

Energy Trade

Bulgaria mulls widely using natural gas for generating electricity

Bulgarian Economy and Energy Minister Peter Dimitrov said Tuesday that natural gas is a better option for electricity generation, local...

Energy Trade

E.ON Ruhrgas to invest €2 bln in gas storage

A new gas storage unit being set up by Germany’s E.ON group this year plans to invest around €2 billion...

Energy Trade

E.ON Ruhrgas to invest €2 bln in gas storage

A new gas storage unit being set up by Germany’s E.ON group this year plans to invest around €2 billion...

Energy Trade

E.ON to lift LNG capex to €6 bln, eyes Africa

Germany’s E.ON AG may double its upstream investment programme to €6 billion ($9.45 billion) as the world’s biggest utility expands...

Energy Trade

E.ON to lift LNG capex to €6 bln, eyes Africa

Germany’s E.ON AG may double its upstream investment programme to €6 billion ($9.45 billion) as the world’s biggest utility expands...

Energy Trade

EU signs energy investment MoU with Turkmenistan

The European Union and Turkmenistan signed a deal on Monday to encourage increased EU investment in Turkmen oil, gas and...

Energy Trade

EU signs energy investment MoU with Turkmenistan

The European Union and Turkmenistan signed a deal on Monday to encourage increased EU investment in Turkmen oil, gas and...

Energy Trade

E.ON planning German gas price hikes due oil – report

German gas consumers may face price increases of up to 25% in the wake of adjustments to be made by...

Energy Trade

E.ON planning German gas price hikes due oil – report

German gas consumers may face price increases of up to 25% in the wake of adjustments to be made by...

Energy Trade

Algiers plans $10 bln extension to midstream pipeline network

Algeria is planning a major midstream pipeline investment program, that will increase its total pipeline network length by more than...

Energy Trade

Algiers plans $10 bln extension to midstream pipeline network

Algeria is planning a major midstream pipeline investment program, that will increase its total pipeline network length by more than...

Energy Trade

Nord Stream project facing more uncertainties and delays

Nord Stream, the Russo-German gas pipeline project on the Baltic seabed, seems to be receding into the distance – analysis...

Energy Trade

Nord Stream project facing more uncertainties and delays

Nord Stream, the Russo-German gas pipeline project on the Baltic seabed, seems to be receding into the distance – analysis...

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...