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A service for energy industry professionals · Saturday, January 11, 2025 · 776,091,959 Articles · 3+ Million Readers
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Hungary Electricity News Monitoring

  • Published on Jan 10, 2025

    Fresh data: Hungarian gas consumption increased slightly last year

    Illustration. Photo: depositphotos.com Hungary’s gas and electricity consumption remained largely unchanged in 2024, signalling stable energy use despite ongoing challenges. The country’s electricity consumption reached 41.9 terawatt-hours (TWh), marking a …

    Source: Daily News Hungary - Neutral
  • Published on Jan 10, 2025

    German electricity prices highest in Europe, 70% above the European average, with Hungary's the lowest

    Germany has been identified as the European country with the highest electricity prices at €416.20 per MWh, the Swedish price comparison company Finansvalp said in a comment emailed to bne IntelliNews on January 9. Belgium and Ireland also rank among the …

    Source: BNE Intellinews - Neutral
  • Published on Jan 10, 2025

    Hungarian energy bid under review over Russia concerns, says Romanian minister

    Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. A Hungarian bid for a major energy provider in Romania is under review after suspicions arose about the motives behind the inflated …

    Source: The Financial Times - Neutral
  • Published on Jan 10, 2025

    Hungary threatens to veto Ukraine’s EU bid amid Russian gas transit ban dispute

    Hungary’s Foreign Minister Peter Szijjarto has indicated that Hungary could obstruct Ukraine’s European Union accession process following tension after Kyiv stopped Russian gas transit through its territory. Ukraine halted Russian gas transit on 1 January …

    Source: Euromaidan Press - Neutral
  • Published on Jan 9, 2025

    Poll: Most Hungarians Find Ukraine’s Gas Blockade Unacceptable

    According to the latest analysis by the think-tank Századvég Foundation, three quarters of Hungarians find it unacceptable that Ukraine is using the restriction of oil and gas transit for political pressure. This should be seen in the light of the halt of …

    Source: Hungary Today - Right-wing
  • Published on Jan 9, 2025

    Kazakh company reportedly bidding for Bulgaria’s only refinery

    Kazakhstan's state-owned oil and gas company KazMunayGas has reportedly offered $1 billion to buy Lukoil Neftochim Burgas, Bulgaria's only refinery currently owned by Russia's Lukoil. The Burgas refinery already receives about 40% of its …

    Source: EurActiv - Neutral
  • Published on Jan 8, 2025

    Uniper closes Hungarian Gönyű power plant sale to Veolia

    Uniper has closed the sale of its 428MW Gönyű gas-fired power plant in Hungary to French utility company Veolia. Financial details of the deal have not been disclosed. The transaction involved the transfer of 100% of the shares in Uniper Hungary …

    Source: Power Technology - Neutral
  • Published on Jan 8, 2025

    Uniper Sells Gas Power Plant in Hungary

    Germany’s Uniper SE said Tuesday it had completed the divestment of a natural gas-fired power plant in Gonyu, Hungary, to the local subsidiary of France’s Veolia SA. “The sale of this non-strategic investment is part of the conditions that Uniper must …

    Source: Rigzone - Neutral
  • Published on Jan 7, 2025

    How Germany seeks to cut electricity costs

    The new year was ushered in with stormy weather. Wind turbines were operating at top speed and in many places, the sun was shining. As a result, electricity production from renewable energies in Germany accounted for 125% of demand, according to the …

    Source: Deutsche Welle - Public Broadcaster
  • Published on Jan 8, 2025

    Hungarian Families Pay the Lowest Gas and Electricity Bills in Europe

    With the end of Ukrainian gas supplies from Russia to Europe in January, gas supply has fallen again and the overall uncertain situation is leading to higher gas prices. Meanwhile, the Hungarian Energy and Public Utilities Regulatory Authority (MEKH) has …

    Source: Hungary Today - Right-wing
  • Published on Jan 8, 2025

    Prices of Industrial Products up 8%

    In November 2024, industrial producer prices were on average 7.9% higher than a year earlier. Domestic sales prices were 3.2 percent higher and export sales prices 10.2 percent higher than in November 2023, the Hungarian Central Statistical Office (KSH) …

    Source: Hungary Today - Right-wing
  • Published on Jan 7, 2025

    Industrial producer prices up by nearly 8 percent

    Industrial producer prices were 7.9% higher on average in November 2024 than one year earlier. Domestic output prices were 3.2% and non-domestic output prices 10.2% higher than in November 2023. The price rise was primarily caused by the weakening of the …

    Source: The Budapest Times - Right-wing
  • Published on Jan 7, 2025

    PROFILE: Lorinc Meszaros, Hungary's most powerful oligarch

    Lorinc Meszaros, widely regarded as Hungary's most influential oligarch, embodies the new business elite built by Prime Minister Viktor Orban's semi-authoritarian regime. His rise has also come to symbolise crony capitalism, where business success …

    Source: BNE Intellinews - Neutral
  • Published on Jan 7, 2025

    Kazakhstan’s Multivector Nuclear Diplomacy: Who Will Build Its First Nuclear Power Plant?

    From October to December 2024, Kazakhstan’s foreign policy agenda found itself at the epicenter of attention for several global players in the nuclear industry. Following a referendum in which over 70% of the country’s citizens supported the idea of …

    Source: The Astana Times - Gov't Propaganda
  • Published on Jan 9, 2025

    Pump Russian gas or face the consequences, Fico threatens Ukraine

    "There is no EU legislation or system of sanctions that would hinder Ukraine from continuing the gas transit," Fico said. "We can't ignore this topic because everyone knows ignoring it means escalating tensions in the EU and in bilateral …

    Source: Politico Europe - Neutral
  • Published on Jan 7, 2025

    Poland is ready to sell more electricity to Ukraine if needed

    Poland is ready to increase electricity supplies to Ukraine if the authorities in Kyiv ask Warsaw to do so. This was stated by Polish Minister of Climate and Environment Paulina Hennig-Kloska on air of TVP Info channel. “Poland will be able to increase …

    Source: NEWS.am - Neutral
  • Published on Jan 6, 2025

    New motorway to be built in southern Hungary

    Photo: Facebook/Autópálya matrica The project, cancelled two years ago, could now be realised. 37 kilometres of road is to be built. According to instructions published in the Official Gazette of the Ministry of Construction and Transport (OMT), a …

    Source: Daily News Hungary - Neutral
  • Published on Jan 9, 2025

    Ukraine Latest: Weekly Digest for December 30, 2024 – January 5, 2025

    The Armed Forces of Ukraine (AFU) launched a new offensive in Kursk. The Defense Forces took out 430,790 Russian troops during 2024 MAIN EVENTS OF THE WEEK The next meeting of the Ukraine Defense Contact Group (Ramstein Format), chaired by US Secretary of …

    Source: Ukrinform - Public Broadcaster
  • Published on Jan 7, 2025

    Slovakia bending truth about Russian gas talks, says Ukraine

    Just hours before the Brussels-mediated session to find a resolution was supposed to take place, Fico's government issued a statement alleging that the Ukrainian side had walked out of discussions. "Due to the fact that the Ukrainian side will not …

    Source: Politico Europe - Neutral

02 days 18:35:43

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