Hungarian MVM Group has started natural gas exploration in the Berettyoujfalu. Three wells have already been drilled as part of the natural gas exploration and production…
Browsing: hungary
Energy company MET Group announced that it has started building a 23 MW expansion to its Kaba solar farm in Hungary. The Kaba 2 plant will…
French power utility Veolia has agreed to buy a 430 MW gas-fired power plant in Hungary from Uniper, marking the group’s latest asset disposal to meet…
Prices on the Hungarian day-ahead market fell in the first half of February, driven by lower demand and warm weather. Day-ahead baseload on the HUPX electricity…
Spot electricity prices in Hungary and Romania continued to drop in the first two weeks of February, from around 90 euros/MWh at the turn of the…
The Hungarian oil company operating in Serbia recorded a pre-tax profit of 1.936 billion dollars, a decrease of 36 percent compared to 2022, attributed to a…
Day-ahead prices on the Hungarian energy exchange HUPX fell in late January and stabilized in the first days of February amid slowly falling demand. Weekday day-ahead…
Hungary is facing electricity supply challenges, and electricity demand is expected to grow even further in the 2030s. One of the tell-tale signs is the peak…
The average price on the day-ahead market of the Hungarian electricity exchange HUPX amounted to 85.73 euros/MWh in January 2024, which is 5% higher compared to…
The traded volume reached 26.05 TWh on the HUPX day-ahead market in 2023. In December, HUPX recorded a 34% increase in turnover compared to the same…