Tag Archives: hungary
Alteo brings new 20 MWh battery storage online in Győr as Hungary backs grid flexibility
Alteo has commissioned a new 20 MWh battery energy storage system in Győr, designed to work alongside an existing gas-fired power plant to make better use…
EBRD commits €70 million to Hungary’s hybrid renewable complex as merchant model gains traction
The EBRD has agreed to provide €70 million to Renalfa IPP for a large hybrid solar-plus-storage project in northeastern Hungary. The financing supports a 450 MW…
Hungary’s incoming leadership signals fuel price caps will continue
Peter Magyar, the incoming prime minister of Hungary, said petrol and diesel price caps are expected to remain in place after the new Government takes office.…
Hungary fuel use climbs more than 11% in Q1 2026 as transport demand lifts petrol and diesel
Hungary’s total fuel consumption rose by more than 11% in the first quarter of 2026, driven by higher demand for both diesel and petrol. Diesel sales…
Hungary reconsiders Paks II as new government reviews major nuclear plans
Hungary’s incoming administration has announced a comprehensive review of the Paks II nuclear expansion after Péter Magyar’s Tisza party won the election, reopening questions about a…
Hungary fuel reserves fall, spotlighting risks to regulated pricing
Hungary’s fuel inventories fell sharply between February and March, according to MSZKSZ data, renewing concerns that regulated fuel prices may be harder to sustain without timely…
Hungary’s HUPX power prices tick up in March 2026 as intraday trading gains momentum
Electricity prices on Hungary’s HUPX day-ahead market averaged 117.4 €/MWh in March 2026, up 3.6% from February. At the same time, intraday continuous volumes rose sharply,…
Hungary election reshapes risk calculus for Serbia’s NIS, driving an “overnight” valuation repricing
Serbia’s NIS is being “repriced overnight” as Hungary’s election outcome changes the political and transaction risk around negotiations involving MOL and Russian-linked ownership. Market commentary suggests…
MOL buys US crude to broaden sourcing, but refining and pipeline limits complicate the push
MOL has agreed to purchase about 510,000 barrels of US crude in a deal worth roughly $500 million, aimed at reducing dependence on any single supplier.…
Wind-led easing cuts spot power prices in SEE and Hungary, but the southeast premium holds
Day-ahead power prices fell sharply across South-East Europe and Hungary on 3 April, led by a wind-driven shift in generation. Yet southeastern zones continued to clear…