Unit 3 of the Paks nuclear power plant, located in central Hungary, will be operating at its nominal capacity again from Friday morning, the plant announced on its website. Communications director Antal Kovács said the unit's output was reduced to 50% on Thursday due to a fault in the generator protection's current transformer. The device […]
Up to 40 tons of pine trees discarded after the Christmas holidays may be burned in the coming period at the thermal power plant (in Pécs, southern Hungary), which operates with two biomass-fired units, the owner Veolia Energia Magyarország Plc. has announced. The statement sent to MTI said that the Pécs thermal power plant, which […]
Hungarian citizens and companies have started to save a lot of energy. In December 2022, for example, Hungary consumed almost 24% less natural gas than a year earlier. And the weather is also helping. Around a quarter less gas was used in Hungary in December than a year earlier, according to the Ministry of Energy. […]
The Hungarian oil and gas company MOL Plc. has notified market players on the website of the Budapest Stock Exchange that it is gradually restarting production at its Danube refinery. MOL initiated a planned shutdown of the Danube refinery in the first half of October 2022. During the restart, it was realized that further maintenance […]
Allied Energy Corp, an oil and gas company focused on the leasing and reworking of oil and gas reserves in one of the most prolific hydrocarbon areas in the United States, has announced the signing of an MOU with Budapest-based Enerhash USA LLC and River Energy Group LLC. The companies will work together on the […]
Veolia Group member CHP-Invest Kft. and Újpalotai Energia Ltd. have signed a HUF 10 billion contract with Finnish company Valmet to renovate the boilers of the Vértes Power Plant, in Oroszlány, W Hungary, the company developing the power plant, Veolia, told the state news agency MTI. According to the company, the modernization of the boilers […]
Traditional oil and gas production will remain Mol's main profile in Algyő, SE Hungary, for a long time to come, but the company is exploring the possibility of installing renewable energy sources, László Kardos, head of the company's Algyő production region, told reporters on site. A ten-year forecast has been prepared. It is reviewed every […]
According to the latest data published by Hungarian Energy and Public Utility Regulatory Authority (MEKH), the Hungarian natural gas storage capacity was 5.44 billion cubic meters on November 15, which is 86.02% of the total capacity. It means that on that day, there was 19% more gas in storage than a year ago. According to […]
With the support of the Széchenyi Plan Plus program, Prímaenergia Plc. is implementing an energy project worth nearly HUF 5 billion. Prímaenergia Plc. is developing a complex, grid-independent energy supply system, and the company has won HUF 236.7 million in EU funding for the almost HUF 4.9 billion investment, the bottled gas and automotive gas […]
A solar park was inaugurated this Tuesday at the brickworks site of Hajdúsági Industrial Plc. (Hajdu) in Téglás, eastern Hungary, as part of a HUF 180 million investment in a HUF 1.6 billion development project, the state news agency MTI reports. For the project, the government provided a total of almost HUF 780 million in […]
PannErgy Plc. sold 201,100 gigajoules of heat in the third quarter, 38.9% more than in the same period last year, the company said in a production report published on the Budapest Stock Exchange (BSE) website. According to the information, the outstanding performance was due to a cooler-than-average September and continued investment in efficiency, operational safety […]
Natural gas consumption fell by 22% in August compared to last year, the lowest level in the last eight years, the Hungarian Energy and Public Utility Regulatory Authority (MEKH) said on Tuesday in its latest report. They stressed that with the further increase in Serbian supplies, domestic storage facilities received 10% more gas in August […]
According to data published by the Hungarian Energy and Public Utility Regulatory Authority (MEKH) September, the level of Hungarian natural gas storage facilities has exceeded 70% of the total capacity. It means that Hungary is the third best in Europe in terms of the level of storage facilities filled in relation to consumption. As of […]
The amount of electricity generated by solar panels in Hungary increased by 25.2% this June compared to the same period last year, the Hungarian Energy and Public Utility Regulatory Authority (MEKH) said on Thursday, based on its latest energy statistics report. They added that solar energy accounted for three quarters of the electricity generated from […]
The Hungarian Veolia Group has acquired the power plant in Oroszlány, west of Budapest, from the electricity MVM Plc., and the plant will be restarted in early 2024, the company told the state news agency MTI. According to the information, the two units of the plant, each with a capacity of 50 megawatts (MW), will […]
