ADVERTISEMENT

Electricity Produced From Renewable Resources Rose 20.7%

Green Energy

Image by Shutterstock.com

The amount of gross electricity produced from renewable sources increased by 20.7% in Hungary in May compared to the same period of the previous year, the Hungarian Energy and Utilities Regulatory Office (MEKH) said, citing May data from its latest energy statistics report, according to hirado.hu.

According to the summary, domestic gross electricity production was 3,052 gigawatt hours (GWh) in May, 11.5% more than in the same month of 2021.

This is the highest amount produced in May since 2008. Electricity production from nuclear sources increased by 23.1%, while fossil-based electricity production decreased by 10.2% and other sources by 22.3% compared to May of the previous year.

Some 73.3% of the electricity produced from renewable energy sources was provided by solar energy, 17.6% by biomass, and 4% by wind energy.

The total domestic electricity consumption was 3,879 GWh in May, 2.6% more than in the same period of the previous year.

ÁKK Sells HUF 82.5 bln of Bonds at Auction, Above Plan Debt

ÁKK Sells HUF 82.5 bln of Bonds at Auction, Above Plan

Hungary Treats Smooth EU Transition as Priority, Says Bóka EU

Hungary Treats Smooth EU Transition as Priority, Says Bóka

HU-rizon Program: HUF 8 bln Funding for International Resear... Science

HU-rizon Program: HUF 8 bln Funding for International Resear...

Inspiring Women at the Focus of Gourmet Fest In Budapest

Inspiring Women at the Focus of Gourmet Fest

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.