Power

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Implementation License Issued for Paks II

The National Atomic Energy Office (OAH) has issued the implementation license for the expansion of the Paks nuclear power plant,...

Power

Paks operation unaffected by summer warming of Danube

The summer warming of the Danube does not affect the safety or the production process and technology of the Paks...

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ExxonMobil Continues Investing in People in Hungary

A change in leadership always brings with it a degree of uncertainty. U.S. energy giant ExxonMobil has sought to emphasize...

Power

Gov’t could seek to extend Paks lifespan by 10-20 years

Hungary's government is committed to extending the lifespan of the Paks nuclear power plant, Technology and Industry Minister László Palkovics...

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Rosatom ‘able to carry out’ Paks upgrade, Szijjártó says 

Rosatom can implement the upgrade of Hungary's Paks nuclear power plant, Minister of Foreign Affairs and Trade Péter Szijjártó told...

Power

MVM revenue doubles in 2021

Consolidated revenue of state-owned energy group MVM rose 100% to HUF 2.851 tln last year, an annual report published on...

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Hungary gets another delivery of Paks fuel by air

Hungary has taken another delivery of fuel rods for the Paks nuclear power plant by air, Minister of Foreign Affairs...

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Paks nuclear fuel rods delivered by air

Hungary has taken delivery of fuel rods for the Paks nuclear power plant (110 km south of Budapest) by air...

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Energy Revolution on the Brink, 1st Budapest Hydrogen Summit Told

The first Budapest Hydrogen Summit was held on March 10, bringing together the bosses of leading companies in Hungary and...

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Hungary calls 5th tender for feed-in tariffs

The Hungarian Energy and Public Utilities Regulatory Office (MEKH) on Friday announced its fifth tender for feed-in tariffs for energy...

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Electricity consumption 4.6% higher in January

Gross electricity consumption in Hungary was 4.6% higher in January compared to the same period of last year, while domestic...

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Paks II project advancing ‘according to plan’

Work on the upgrade of Hungary's Paks nuclear power plant is "proceeding according to plan", the local unit of Russia's...

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MVM to acquire E.ON regulated market electricity distributor

State-owned energy company MVM on Thursday announced an agreement to acquire 100% of E.ON Áramszolgáltató, German-owned E.ON's local electricity distributor...

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Vast Majority of Hungarians Would opt for new Hybrid or EV

Some 72% of Hungarian car buyers say they would pick either a hybrid or electric car the next time they...

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MET Group picks Tesla Megapack for battery energy storage project

MET Group is set to become the first to install a Megapack battery in Hungary next summer, as part of...

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Áder: Transition From Fossil Energy Will Not Work Without Nuclear Energy

The transition from fossil energy will not work without the use of nuclear energy, former President János Áder said at...

Power

E.ON Unveils New Battery Storage Facility in Soroksár to Support Grid Stability

E.ON has installed a new battery energy storage system in Soroksár to help stabilize Hungary’s power grid and enable more...

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Paks II Project Reaches Another Milestone

Soil consolidation under the site of the number five block of the Paks nuclear power plant has finished and is...

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Heat May Put Electricity Supply at Risk, Says Energy Ministry

The uneven and extreme load on the Hungarian electricity system during the heatwave days could even threaten power supply disruptions,...

Power

Paks II Work ‘Rumbling Ahead,’ Says Szijjártó

Minister of Foreign Affairs and Trade Péter Szijjártó said work on upgrading Hungary's Paks nuclear power plant was "rumbling ahead"...

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Paks II Blocks to Go Online by Start of 2030s ‘at the Latest’, Minister Says

Two new blocks at Hungary's Paks nuclear power plant will go online at the start of the 2030s "at the...

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2024 ‘Outstanding Year’ for Modernizing Electricity Network

2024 is an 'outstanding year' for the modernization of the Hungarian electricity network, State Secretary Zsófia Koncz at the Ministry...

Power

Hungarians Aware of Reasons Behind Power Outages, Expect Rapid Solutions

A recent nationwide survey conducted by E.ON clearly shows that respondents’ highest priority is the continuous supply of electricity. Typically,...

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...

Record Heat, Drought Push Hungary Toward Historic Full Paks Nuclear Plant Shutdown

Hungary is preparing for the possible complete shutdown of the Paks nuclear power plant for the first time in its...

Hungary to Increase Wind Power Capacity Tenfold by 2030

Hungary plans to expand its wind power capacity from 330 MW to 3,000–4,000 MW by 2030, starting with a 700...

Analyst: Hungary Could Become a Benchmark for Small Modular Reactors

Hungary could set a regional benchmark for small modular reactors (SMRs), Olivér Hortay, head of energy and climate policy at...

Rosatom: Paks II Receives 1st Concrete Pour Permit

Hungary's National Atomic Energy Office has issued the necessary permits for the pouring of the first concrete into the foundations...

Áder: Transition From Fossil Energy Will Not Work Without Nuclear Energy

The transition from fossil energy will not work without the use of nuclear energy, former President János Áder said at...

Import Share in Electricity Could Drop to Around 20% in 2025 – Minister

Hungary is traditionally a net importer of electricity, securing some 25% of its consumption from imports, but from April-August this...

E.ON Unveils New Battery Storage Facility in Soroksár to Support Grid Stability

E.ON has installed a new battery energy storage system in Soroksár to help stabilize Hungary’s power grid and enable more...

Paks II Project Reaches Another Milestone

Soil consolidation under the site of the number five block of the Paks nuclear power plant has finished and is...

Heat May Put Electricity Supply at Risk, Says Energy Ministry

The uneven and extreme load on the Hungarian electricity system during the heatwave days could even threaten power supply disruptions,...

Paks II Work ‘Rumbling Ahead,’ Says Szijjártó

Minister of Foreign Affairs and Trade Péter Szijjártó said work on upgrading Hungary's Paks nuclear power plant was "rumbling ahead"...

Paks II Blocks to Go Online by Start of 2030s ‘at the Latest’, Minister Says

Two new blocks at Hungary's Paks nuclear power plant will go online at the start of the 2030s "at the...

2024 ‘Outstanding Year’ for Modernizing Electricity Network

2024 is an 'outstanding year' for the modernization of the Hungarian electricity network, State Secretary Zsófia Koncz at the Ministry...

Hungarians Aware of Reasons Behind Power Outages, Expect Rapid Solutions

A recent nationwide survey conducted by E.ON clearly shows that respondents’ highest priority is the continuous supply of electricity. Typically,...