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A service for energy industry professionals · Wednesday, May 7, 2025 · 810,473,753 Articles · 3+ Million Readers
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Hungary Energy Industry Newswire

  • Published on 16:47 GMT

    Can Orbán and Fico block the EU from cutting off Russian energy supplies?

    As expected, not everyone agrees with the REPowerEU Roadmap, presented by the European Commission yesterday, which aims to pave the way for full energy independence from Russia. “Economic suicide”, but “legally feasible” “This is simply economic suicide to …

    Source: CEENERGYNEWS - Pending
  • Published on 15:21 GMT

    Cutting the Russian Energy Cord

    After a five-month delay, the European Commission published its much-touted action plan on May 6 to end its remaining dependence on Russian fossil fuels and nuclear products by the end of 2027.  The deadline aligns with the provisions of REPowerEU, a …

    Source: CEPA - Neutral
  • Published on 16:19 GMT

    Slovakia Slams EU Plan to End All Russian Energy Imports by 2027

    Slovakia criticized on Wednesday the European Commission’s roadmap to phase out imports of all kinds of Russian energy by 2027, particularly natural gas, claiming that it is “economic suicide” that will hurt the EU more than Russia. The European Union’s …

    Source: Oil Price - Neutral
  • Published on 13:51 GMT

    Slovakia and Hungary reject EU plan to phase out Russian gas by end-2027

    FILE PHOTO: Slovakia's Prime Minister Robert Fico attends a press conference with Hungarian Prime Minister Viktor Orban (not pictured), in Bratislava, Slovakia, April 28, 2025. REUTERS/Radovan Stoklasa Slovakia and Hungary on Wednesday condemned …

    Source: The Straits Times - Pro-Government
  • Published on 20:09 GMT

    New sports park with geothermal heating completed in Budapest, Hungary

    The new MTK Sports Park in Budapest, Hungary (source: Bayer Construct Zrt.) A new sports park has been completed in Budapest, Hungary that highlights a pioneering energy system with geothermal-based heating at its core. The use of geothermal for heating …

    Source: ThinkGeoEnergy - Neutral
  • Published on 18:52 GMT

    Electricity prices for Slovenian firms among highest in EU in 2024

    The analysis, conducted by ELES CEO Aleksander Mervar, also showed network fees are significantly lower than the EU’s average. Slovenia is in the bottom third of the list of the 27 member countries. As for its neighbors, domestic prices were higher than in …

    Source: Balkan Green Energy News - Pending
  • Published on 21:49 GMT

    GT Voice: Energy exhibition shows deepening complementarities of China, EU

    Illustration: Xia Qing/GTThe Smarter E Europe 2025, Europe's largest alliance of exhibitions for the energy industry, kicked off its three-day session in Munich, Germany, on Wednesday. About 850 Chinese exhibitors are taking part, making them the …

    Source: Global Times - Gov't Propaganda
  • Published on 12:04 GMT

    Istanbul rises as a center for energy and critical minerals diplomacy

    In the past couple of months, the city of Istanbul has witnessed the perfect energy and critical minerals diplomacy traffic, hosting major events in all fields of the energy and mining industry from renewables to hydrocarbon, to digitalized energy …

    Source: Sabah - Pending
  • Published on 19:15 GMT

    China And Hungary: A Win-Win Code Across Europe And Asia -

    (MENAFN- Evertise Digital) When BYD announced a €2 billion investment in Hungary to build Europe's first new-energy vehicle plant, the Central and Eastern European country suddenly became the focus of the global automotive industry. This is not by …

    Source: MENAFN - Indeterminate
  • Published on 07:23 GMT

    Latvian energy bills higher than for Estonians and Lithuanians

    In the second half of 2024, household gas prices in the EU rose for the first time after they had abated following the 2022 energy crisis. Average prices, including taxes, rose to €12.33 per 100 kWh, up from €11.04 in the first half of the year. This is …

    Source: LSM - Public Broadcaster
  • Published on 05:11 GMT

    EU sets 2027 as deadline to phase out all Russian energy, including LNG

    The European Union has set 2027 as the deadline by which all 27 member states, from landlocked to coastal, must phase out all remaining purchases of Russian energy, most notably the carriers of liquefied natural gas (LNG) that continue arriving at the bloc …

    Source: Euronews - Neutral
  • Published on 04:43 GMT

    Global solar power capacity hits 2.2 TW in 2024, with Turkey among top growers

    SolarPower Europe calculated a much higher global total, 2.2 TW, for photovoltaic facilities at the end of 2024, than the International Renewable Energy Agency (IRENA) – 1.87 TW. The Global Market Outlook for Solar Power 2025-2029 showed annual growth of …

    Source: Balkan Green Energy News - Pending
  • Published on May 6, 2025

    Hungary says EU move to ban Russian energy threatens its energy security

    BUDAPEST, May 6 (Xinhua) -- Hungarian Foreign Minister Peter Szijjarto on Tuesday strongly criticized a proposed European Commission plan to end imports of Russian energy, noting that it would jeopardize Hungary's energy security. Speaking in …

    Source: Xinhua News Agency - Gov't Propaganda
  • Published on May 6, 2025

    Surprise surprise, Cyprus near the top again in EU electricity costs

    Cyprus had the second highest electricity prices in the European Union relative to consumer purchasing power in the second half of 2024, according to new data from Eurostat, the EU’s statistical agency. Measured by purchasing power standards (PPS), Cyprus …

    Source: Knews Kathimerini - Neutral
  • Published on May 6, 2025

    Czech Households Pay Most for Electricity in Entire EU, New Data Shows

    In the second half of last year, the Czech Republic recorded the highest household electricity prices in the entire European Union, when adjusted for purchasing power. This comes from new data released by Eurostat on Tuesday. Using Purchasing Power …

    Source: Prague Morning - Neutral
  • Published on May 6, 2025

    BYD Beats Tesla: Is the Future of Electric Cars Made in China?

    In 2024, Chinese automaker BYD dethroned Tesla (NASDAQ:TSLA) for the first time to become the world’s leading manufacturer of electric cars. BYD is now conquering Europe and Switzerland. Introduction While Tesla saw its profits fall by 71% year-over-year, …

    Source: Investing - Neutral
  • Published on May 6, 2025

    Sharp variations in electricity, decline in gas prices across the CEE region

    Eurostat, the statistical office of the European Union, has published data on changes in household and non-household electricity and gas prices in the second half of 2024. According to the electricity report, average household prices in the EU slightly …

    Source: CEENERGYNEWS - Pending
  • Published on May 6, 2025

    The European Commission has revealed a plan to completely abandon Russian energy sources

    The European Commission has published a plan to completely abandon Russian energy sources. This was reported by the press service of the European Commission. Thanks to the REPowerEU plan, launched in May 2022, the European Union reduced the share of …

    Source: Babel - Neutral
  • Published on May 6, 2025

    CEE energy milestones in 2021

    This article is the second part of a five-article series celebrating CEENERGYNEWS’ fifth anniversary. Each article summarises the main events in the energy sector in CEE for one year. This special edition focuses on 2021, a year that delivered promising …

    Source: CEENERGYNEWS - Pending

05 days 05:55:18

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