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Hungary: Government to award 158 million euros for energy storage projects

The Hungarian government will allocate 62 billion HUF (158 million euros) for grid-scale energy storage projects in order to facilitate further deployment of renewable...

SEE region: Serbia, Hungary and Slovenia inked deal to merge their electricity exchanges

The officials from Hungary, Serbia and Slovenia attended the signing of a partnership agreement, within the BlueSky project, on the integration of three electricity...

Hungary: Solar capacity increased by 1.6 GW in 2023

The installed capacity of solar photovoltaic systems in Hungary has increased by 1,632 MW in 2023. This is more than one and a half...

Hungary: Solar capacity exceeded 5.4 TW

Hungarian solar capacity rose over 5,400 MW in October, the Ministry of Energy announced. According to data published by electricity transmission system operator MAVIR, 1,389 MW...

Hungary: Solar capacity reached 5,200 MW

Solar power capacity in Hungary exceeded 5,200 MW, according to the Hungarian Ministry of Energy. Data published by electricity transmission system operator MAVIR showed that the combined...

Hungary reached a daily record for electricity consumption

Electricity transmission network operator MAVIR said that peak summer electricity consumption was recorded on 28 August. Despite the extremely hot weather, electricity consumption in...

Latest news

EU recognition of Western Balkan renewable certificates could boost PPAs but not replace CBAM verification

Renewable generators in Serbia, Montenegro and other Energy Community markets could gain access to a broader European market for the environmental attributes of their...

EU reforms could restore multi-trader electricity exports while leaving contractual risks unresolved

European Union policymakers are considering changes that could make it easier for renewable electricity from neighbouring countries to qualify for actual-emissions treatment under CBAM....

Domestic industrial PPAs open new revenue opportunities for Serbian and Montenegrin renewables

Domestic industrial demand can support renewable investment and improve electricity cost predictability, but the carbon value of a power purchase agreement depends on the...

Montenegro’s electricity exporters need stronger PPAs to secure Italian market revenues

The Adriatic interconnector gives Montenegro's renewable generators access to Italian buyers, but investment returns depend on carbon treatment, delivery profiles and the fallback provisions...

Serbian renewable projects face new contractual challenges on the Hungary export corridor

Export PPAs can expand market access for wind and solar projects, but the revenue ultimately reaching developers depends on delivery rights, trading costs and...