Hungary: Traded quantity in Guarantees of Origin auction reached 597 GWh

Hungary has received temporary approval from the European Commission to postpone full implementation of EU gas-capacity rules at its border with Serbia until the 2027/2028 gas year. The derogation relates to requirements that cross-border pipeline capacity be offered as...

Hungarian state-owned utility MVM has started foundation work on a new 1,000 MW combined-cycle gas-fired power plant at the former Tisza II site in Tiszaujvaros. The project is part of Hungary’s broader shift in generation needs as variable renewables...

Hungarian and Italian wholesale electricity prices increased in the week ending 20 September, despite weaker electricity demand across Southeast Europe and significant price declines in several Western European markets. Italy recorded the highest weekly day-ahead average among the markets covered,...