Hungary, Serbia and Slovenia’s joint electricity trade exchange in Central Europe will be operational by mid-2024, according to Minister of Foreign Affairs and Economic Relations of Hungary Peter Szijártó.
Over the past two years, energy security has become one of the most serious problems in Europe.
– Close energy cooperation between countries has perhaps never been more important. This applies especially to Central Europe, where there are no large oil and gas deposits, so the interdependence of states is even greater here, Szijártó said.
Corporate and technical decisions were taken by Slovenia, Serbia and Hungary. After these decisions are approved by the governments, the joint energy exchange of the three countries can start operating in the first half of this year, which will significantly improve the energy security of the entire region.
