Browsing: hungary

Electricity and natural gas consumption in Hungary decreased in 2023 compared to previous years, according to the energy ministry. Gas consumption amounted to 8.5 billion cubic…

Janaf most strongly rejected the repeated claims of the head of MOL, Žolt Hernadi, about transport tariffs, stressing that in the calculation of those tariffs company…

The average electricity price on day-ahead market of the Hungarian energy exchange HUPX reached 81.72 euros/MWh in December, 18% lower compared to November (99.38 euros/MWh). Average HUPX DAM…

Budapest maintained its long-standing position and came out on top in December 2023 in a comparison of EU capitals where electricity and gas are the cheapest…

During the Guarantees of Origin auction held on December 19, supply side volume reached 615 416 MWh. Around 97% of offered GOs were sold with a…

MOL, a part of the international joint venture Ural Oil and Gas LLP, has started producing gas from the well in the Rozhkovsky field in Kazakhstan.…

All EU countries except Hungary have signed a joint declaration to protect the European wind industry from “unfair trading practices” by Chinese manufacturers, Euractiv reports. While…

Rating agency Moody’s Investors Service changed its outlook on Hungarian MOL and MOL Group Finance to “positive” from “stable,” according to its latest report. The rating…

A joint venture between Iqony Solar Energy Solutions (SENS) and the LSG Group has commissioned a 63-MWp solar power plant in the northeastern Hungary. The unit…

Hungary, Serbia and Slovenia will start operating a regional electricity market in 2024, the energy ministry said on Thursday. A Budapest-based holding company will be established…