A trader-led structural model...

In South-East Europe, gas–power interaction has moved decisively beyond simple fuel substitution logic....

Liquidity, LNG volatility, basis...

South-East Europe’s gas markets have quietly crossed a structural threshold. What once functioned...

Rising U.S. LNG dependence...

The European Union’s growing dependence on U.S. LNG is often framed as a...

European gas prices at...

European gas prices have fallen to their lowest levels in more than a...
Supported byClarion Energy
HomeSEE Energy NewsHungary’s 12 %...

Hungary’s 12 % electricity production from RES last year

According to data published by Hungarian Energy and Public Utility Regulatory Authority (MEKH), the amount of gross electricity generated from renewable energy sources increased by 17.7 % in 2020 and renewable sources provided 11.9 % of electricity production last year. Gross electricity production rose by 2.3 % to 34,924 GWh in 2020.

Solar panels generated 63.7 % more electricity than a year before and the capacity of solar panels connected to the electricity network surpassed 2,000 MW, which is the nominal capacity of nuclear power plant Paks.

MEKH said that a significant part of the source of primary domestic energy consumption was provided by oil and oil products and natural gas imports, with net imports of the two energy sources totaling 551 PJ.

Hungary continues to have a relatively high import exposure, with the degree of import dependence on all energy sources falling by 13 % to 56.3 % in 2020. The share of gas imports fell by 39.5 % last year as there were significant gas purchases in 2019 to restock reserves.

 

Supported byOwner's Engineer banner

Recent News

Supported byspot_img
Supported byspot_img

Latest News

Supported byspot_img
Supported bySEE Energy News

Related News

A trader-led structural model with LNG and power price transmission (2026–2030)

In South-East Europe, gas–power interaction has moved decisively beyond simple fuel substitution logic. Spark spreads now act as the principal transmission mechanism of volatility, determining not how much gas is consumed, but when gas-fired generation becomes marginal and how...

Liquidity, LNG volatility, basis risk and power price transmission

South-East Europe’s gas markets have quietly crossed a structural threshold. What once functioned as a peripheral extension of continental Europe’s pipeline system is now fully embedded in a globalised gas-LNG-power complex, where price signals travel faster than molecules and...

Rising U.S. LNG dependence and how volatility travels into SEE gas markets

The European Union’s growing dependence on U.S. LNG is often framed as a success story of diversification and energy security. For South-East Europe (SEE), however, this shift represents a more complex transformation — one that changes how volatility enters...
Supported byVirtu Energy
error: Content is protected !!