Europe: Gas prices hit...

Following the August 15 meeting between Donald Trump and Vladimir Putin, and Trump’s...

Region: Electricity prices drop...

In Week 34 of 2025, electricity market prices declined across most South East...

Romania: End of price...

Electricity bills for July and part of August 2025 in Romania are significantly...

Bosnia and Herzegovina sees...

According to the Agency for Statistics of Bosnia and Herzegovina (BiH), gross electricity...
Supported byClarion Energy
HomeSEE Energy NewsRegion, Hungary and...

Region, Hungary and Poland are against EU plan to reduce gas consumption

Hungary and Poland voted against the European Union’s plan to voluntarily reduce natural gas consumption by 15 % compared to the five-year average for the period from 1 August 2022 to 31 March 2023. These are the only member states opposed to the initiative.

Hungarian authorities dispute the legitimacy of the European Union’s plans, arguing that they affect the country’s energy security. On the other hand, Poland called the treaty’s legal basis flawed, adding that decisions affecting the energy balance of EU countries must be taken with the unanimous approval of all member states.

Nevertheless, the plan was approved as it received a qualified majority. Hungarian authorities said that the country will company with the initiative, although it voted against it.

Since Russia invaded Ukraine in February and the West protested with economic sanctions, 12 EU countries have faced halts to, or reductions in, Russian gas deliveries. Although it has agreed to embargo oil and coal from Russia starting later this year, the EU has refrained from sanctioning Russian natural gas because Germany, Italy and some other member states rely heavily on these imports.

Supported byOwner's Engineer banner

Recent News

Supported byspot_img
Supported byspot_img

Latest News

Supported byspot_img
Supported bySEE Energy News

Related News

Europe: Gas prices hit 2025 low amid high storage levels and strong LNG supply

Following the August 15 meeting between Donald Trump and Vladimir Putin, and Trump’s subsequent conversation with Ukrainian President Volodymyr Zelenskyy, European gas prices fell to a new low for 2025 as markets anticipated a possible easing of geopolitical tensions....

Region: Electricity prices drop across most of SEE in late August 2025 as demand and renewable output decline

In Week 34 of 2025, electricity market prices declined across most South East European (SEE) countries compared to Week 30 (21–27 July 2025), with all markets moving to weekly average prices below €100/MWh except for Italy, which recorded the...

Slovenia: Wind Energy Association calls for balanced policy consultation

The Slovenian Wind Energy Association (GIZ) has expressed concern that recent political debates on wind energy are being shaped by what it views as an unbalanced event. The association says conclusions from a June consultation in the National Council—attended...
Supported byVirtu Energy
error: Content is protected !!