The energy ministry said on Wednesday that electricity providers will be offered grants totalling 58 billion forints (EUR 155m) to build and complete storage facilities by mid-2025.
Hungary''s oil and natural gas production increased again in the first half of 2025, the Energy Ministry and the Supervisory Authority for Regulated Activities announced in a joint
Ever wondered why utility companies are suddenly eyeing domestic energy storage vehicle wholesale prices like kids in a candy store? With the global energy storage market projected to
The experimental project, based on energy storage, will be a prototype for industrial-quantity applications. Background. MET Group has launched an R& D project in Hungary to examine
Domestic support for energy storage may soon increase to more than HUF 300bn, with several large storage facilities likely to be inaugurated this year, Energy Minister
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The Hungarian government has allocated HUF 62 billion (EUR 158 million) for energy storage projects with an overall 440 MW in operating power. Hungarian authorities launched the tender for grid-scale batteries on
View all macro and energy indicators in the Hungary energy report 05/05/2025 - MVM signs contract to develop a 1 GW CCGT power plant in Tiszaújváros (Hungary) 25/02/2025 - Renewables reached 45% of EU''s gross energy
Could Hungary survive without Russian energy? Check out our article to find out more about how the EU''s new plans could force major changes in Hungary''s energy policy.
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Coal power has been fully phased out by 2025, so fossil fuel supply is now mainly natural gas (roughly 25–30% of generation). Despite strong domestic output, Hungary remains a net
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The scene is set for significant energy storage installation growth and technological advancements in 2025. Outlook and analysis of emerging markets, cost and
The Energy Affairs Ministry on Thursday announced the launch of public consultations on the draft amendment on the legislation for Hungary''s energy efficiency obligation scheme (EEOS). In order to encourage
The global energy storage sector is on track for another record year in 2025 as utility-scale projects expand into new regions. BloombergNEF (BNEF) forecasts that
The new Storage CfD Scheme, together with the accompanying CAPEX scheme is expected deliver a much-needed boost to investments in new electricity storage units on the Hungarian market.
The project''s significance lies in its scale: it is currently Hungary''s second-largest grid-connected battery energy storage facility, capable of contributing to domestic sustainable
Anza, a subscription-based data and analytics software platform, released a Q1 2025 report that reveals trends in domestic manufacturing of solar modules and battery energy storage systems (BESS). Increasing
The rating positions of Hungary relative to other countries have been determined for an extensive list of economic, energy, innovative and educational indices, as well as for metrics reflecting the state of the
The aim of energy management is to supply energy, vital to the society and the economy, to the different sectors of use. Energy management statistics include statistics on energy production and use, the energy balance, the security of
If we want to supply the battery production plants that will be in production in the future entirely with solar energy, then in 3-5 years, the green energy demand of domestic battery production
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Data from transmission system operator MAVIR shows that solar energy production in Hungary reached a new peak on June 13, producing enough energy to serve the
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The uncertainties regarding the exact features of this new support system are deterring many investors. 1.4.4 Whilst, currently, Hungary’s electricity generation capacities appear to be sufficient to meet demand, many of the generation facilities need decommissioning or updating in the near future.
In another tender, for a wider range of companies, contracts are being signed to support the completion of 50 facilities in 2026 with HUF 62bn of state contributions. Lantos said Hungary’s solar energy capacity has surpassed 7.5 GW.
Lantos said Hungary’s solar energy capacity has surpassed 7.5 GW. By 2030, they are calculating that there will be 12 GW of solar plants, but additional network investments will be needed to connect this capacity to the grid.
Talking about the stability of Hungary’s oil and gas supply, the minister said the majority of fossil fuel shipments now arrive from the south, the complete loss of imports from the east does not pose an immediate risk to supply security.
The minister said combined cycle gas turbine power plants will help reduce import exposures and greatly contribute to strengthening energy sovereignty and supply security. With plans for a 600 MW pumped-storage power plant, smaller 100 MW ones are also being considered.
Lantos said through currently running applications, families and businesses are being supported by HUF 260bn of funding for investments into green energy production and storage, and this amount could soon exceed HUF 300bn.
