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Hungary stockpiles 4.8 billion cubic metres for a 96-day winter gas buffer

Underground inventories ahead of the heating season Hungary has accumulated more than 4.8 billion cubic metres of natural gas in underground storage facilities, enough to...

MOL biomethane facility at Szarvas replaces over 7 million cubic metres of gas annually

Commissioning and output replacing fossil gas MOL Group has commissioned a biomethane production facility at Szarvas after an investment exceeding €7 million. The project expands...

Serbia secures environmental approval for 113-kilometre Hungary-Novi Sad crude pipeline

Environmental impact assessment clears for Transnafta project Serbia has received environmental approval for a proposed 113-kilometre crude oil pipeline linking Hungary with Novi Sad. The...

Hungary wind expansion targets over 6 GW by 2040 amid import exposure

Hungary is preparing a major expansion of wind power with a target of more than 6 GW of installed capacity by 2040. The plan...

Hungary plans temporary diesel excise rebate for trucks over 7.5 tonnes and buses

Hungary is preparing temporary diesel tax relief for commercial road transport operators as elevated fuel costs, weaker freight demand and competitive pressure continue to...

Hungary-Germany power spread widens as SEE grid constraints offset renewable recovery

Hungary’s day-ahead electricity premium over Germany widened to almost €75/MWh for Oct. 8 delivery, even as wind and solar generation recovered across Southeast Europe....

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SEE electricity prices surge as wind generation drops and Serbia becomes the region’s most expensive market

Southeast European day-ahead electricity prices rose sharply on Friday, with Serbia emerging as the region’s most expensive market as weaker wind generation, higher cross-border...

Krško nuclear plant generates 487,438 MWh in September 2026, misses target

The Krško nuclear power plant, jointly owned by Slovenia and Croatia, produced 487,438 MWh of net electricity in September 2026. Output was 1.53% below...

Kovačica wind complex expansion to 200 MW after €140m Pupin project

Serbia’s Kovačica wind complex is set to reach 200 MW of installed capacity after adding the Pupin wind farm. The 95.5 MW Pupin development...

Romania Competition Council clears NIS Petrol acquisition by Argenta

Romania’s Competition Council has approved the acquisition of NIS Petrol by Romanian company Argenta, removing a regulatory obstacle to NIS’s planned withdrawal from the...

Transelectrica completes €51 million STATCOM voltage control upgrade ahead of schedule

Romanian electricity transmission operator Transelectrica has completed a €51 million investment in voltage control infrastructure. The project is designed to strengthen the national grid’s...