Browsing: hungary

The tender for the increase of the Romania-Hungary interconnector’s capacity, intended to serve the second stage of BRHA gas pipeline project, supposed to link the Black…

MOL is now the third-largest partner in the supergiant oil field with estimated total gross recoverable reserves of around 3 billion barrels of oil. The statement…

ABO Wind, German-based renewable energy developer, has commissioned 6.5 MW solar power plant near Puspokladany in eastern Hungary, its second solar project in the country. The…

Petrol sales in the country dropped by about one-third and diesel sales fell by almost 25 % in late March, after the stay-at-home order was issued…

The purchase of the remainder of Hungarian solar portfolio of Chinese solar project developer ReneSola is completed by the Denmark-based renewable energy company Obton gas. The…

Electricity consumption dropped in mid-March, when the Government introduced state of emergency due to coronavirus outbreak. On an average weekday, Hungary consumes between 6,000 and 6,200…

Hungarian oil and gas company MOL said that 2020 CAPEX will be at least 25 % lower than the original guidance of between 1.9 and 2.1…

On Sunday, 5 April, production of solar power plants reached an all-time high when it accounted for 27.3 % of total Hungarian electricity production. Sunny weather,…

Amount and volume of trades and number of market participants both increased and the exchange is breaking one all-time record after another as HUPX went live…

Average HUPX DAM peak price amounted to 32.55 euros/MWh in March, 26.45 % lower compared to February peak price. The average price of electricity on day-ahead…