Europe: Brent oil, TTF...

During the fourth week of June, Brent crude oil futures prices experienced a...

Europe: Electricity prices fall...

In the fourth week of June, average electricity prices declined across most major...

Europe: Electricity demand rises...

During the week of June 23, electricity demand rose across most major European...

Solar and wind energy...

During the week of June 23, solar photovoltaic (PV) energy production rose in...
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HomeSEE Energy NewsHungary: Natural gas...

Hungary: Natural gas consumption drops 5.2% amid rising electricity use

The Hungarian Ministry of Energy reported that natural gas consumption in Hungary totaled approximately 5.5 billion cubic meters during the first nine months of 2024, representing a decrease of around 5.2% compared to the same period in the previous year.

Household gas consumption saw a significant decline of 10%, while gas use in public institutions fell by 2.8%. In contrast, electricity consumption in Hungary increased by 1.7%, reaching 30.5 TWh. Notably, home solar panels contributed about 7.3% of the total electricity consumed.

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