Weekly energy market update:...

Brent oil futures for the Front Month on the ICE market reached their...

Europe: Electricity prices stable...

During the fourth week of November, electricity prices in most major European markets...

Europe: Southern demand rises...

During the week of November 24, electricity demand showed a contrasting pattern across...

Europe: Solar production declines...

During the week of November 24, solar photovoltaic (PV) energy production declined in...
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Hungary reports nearly 1,000 households benefiting from solar panel and battery storage subsidies

The Hungarian Ministry of Energy announced that nearly 1,000 households have successfully completed investments funded by subsidies for solar panels and battery storage. The program, which launched in early 2024, has a budget of 264 million euros, expected to support investments in over 20,000 homes.

Under this scheme, households can apply for up to 12,500 euros in support, covering two-thirds of the investment costs. As of September, more than 20,000 households had applied for subsidies to install solar panels and battery storage. Currently, over 283,000 homes in Hungary have solar panels installed.

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