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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

SEE power markets remain exposed to gas supply risks ahead of winter

Southeast European power markets entered the final part of September with lower electricity demand and sharply reduced gas-fired generation, while exposure to gas supply...

Italy and Croatia see higher LNG inflows as Greek receipts decline

LNG inflows increased in Italy and Croatia during the week to 20 September, adding to imported gas availability as European markets prepared for the...

Croatia’s renewable output plunges as hydro gains fail to offset rising power imports

Croatia recorded a 54.3% decline in variable renewable generation in the week to 20 September, marking one of the steepest drops in the region,...

SEE wind and solar output falls faster than electricity demand

Southeast Europe’s variable renewable electricity generation declined faster than power demand in the week ending 20 September, limiting the downward pressure on electricity prices...

SEE gas-fired power generation drops 13.6% as coal output edges higher

Gas-fired electricity generation across the Southeast European markets covered fell 13.60% in the week ending 20 September, declining at more than twice the rate...