ENERGY REVIEW 2026/2

Hungary’s energy sector is entering a new chapter. With a new government setting fresh priorities, the country is reassessing its energy mix, accelerating grid modernization and exploring new opportunities in renewable energy, storage and infrastructure. But turning these ambitions into reality will require substantial investment, regulatory predictability and a more resilient energy system.

The latest edition of the Budapest Business Journal’s Energy Review explores the developments shaping Hungary’s energy market, from the return of wind power and the growing importance of energy storage to the modernization of electricity networks and the future of the battery industry.

In this issue, we examine Hungary’s evolving energy strategy, in an interview with the new Minister of Economy and Energy. We also investigate the implications of extreme weather for energy security, the outlook for natural gas supplies ahead of winter and the role of new infrastructure projects in strengthening regional supply resilience.

This edition also looks beyond electricity generation, examining opportunities in geothermal energy, hydrogen and biomethane, as well as the challenges of making green energy more predictable and affordable for businesses and consumers.

Our Market Talk section brings together industry experts and investors to discuss Hungary’s changing energy landscape, including the shift from solar to storage, the investment potential of renewable energy and the practical challenges of turning ambitious wind power targets into bankable projects.

Highlights include:

• • In-depth analysis of Hungary’s changing energy mix, energy security priorities, and efforts to strengthen the resilience of its energy system.
  • Coverage of major infrastructure investments, including EUR 1.5 billion in electricity grid modernization and developments aimed at improving regional fuel supply security.
  • Expert insights into the challenges of industrial energy costs, electricity pricing, market volatility, and the competitiveness of Hungarian businesses.
  • Exploration of emerging investment opportunities in geothermal energy, hydrogen, biomethane, wind power, and energy storage.
  • Analysis of the transition from rapid solar expansion towards a more flexible energy system, with grid capacity and storage becoming increasingly critical.
  • Features on the future of Hungary’s battery industry, renewable energy integration, and the role of agricultural resources in producing sustainable energy.
  • Comprehensive Energy Lists covering key energy producers and distributors, renewable energy developers, natural gas companies, energy traders, storage providers, EV charging operators, technology companies, and professional organizations.

Explore the latest edition and stay informed about Hungary’s evolving energy market.