Power Markets

Europe: Brent oil, TTF...

During the fourth week of June, Brent crude oil futures prices experienced a...

Europe: Electricity prices fall...

In the fourth week of June, average electricity prices declined across most major...

Europe: Electricity demand rises...

During the week of June 23, electricity demand rose across most major European...

Solar and wind energy...

During the week of June 23, solar photovoltaic (PV) energy production rose in...
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Tag: NPP Paks

Hungary: New package of sanctions against Russia won’t affect NPP Paks 2 project 

The Hungarian authorities have ensured that the 14th package of EU sanctions against Russia won’t affect the construction of the Paks-2 nuclear power plant,...

Hungary: Solar energy covered 10% of electricity consumption in 2023

According to the Hungarian Energy and Public Utility Regulatory Office (MEKH), the Paks nuclear power plant achieved sales revenues of more than HUF 210 billion (EUR...

Hungary inks deal with Belarus to help build nuclear reactor

Hungarian Foreign Minister Peter Szijjarto said that the government signed an accord with Belarus to help build Hungary's second nuclear plant. Nuclear power plant Paks...

Hungary could swing to net electricity exports

With the production of existing and planned solar parks and the Paks nuclear power plant, Hungary could export electricity in the near future instead...

Hungary: Gas supplies from Turkey to start in April

Natural gas will start flowing from Turkey to Hungary on April 1, so a “historical date is approaching,” the Hungarian foreign minister wrote in...

Russia and Hungary confirm progress at the NPP Paks 2 project

Following talks in Budapest, Rosatom Director General Alexey Likhachev, and Hungary’s Minister of Foreign Affairs & Trade Peter Szijjártó confirmed that work on the...
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