Hungarian transmission system operator MAVIR has rolled back a crisis level indicating "significant disruption." The step was taken after the normalization of the output of Hungary's power plants, MAVIR said in a statement. "Available production capacity and reserves ensure the balance and supply of Hungary's electricity system under normal operation," it added. Output of the […]

The government is allocating nearly HUF 500 billion to develop the electricity grid and install smart meters under the European Union’s Recovery and Resilience Facility (RRF), the Minister of Economy and Energy István Kapitány announced on social media this Saturday. The minister emphasized that the Hungarian Development Bank (MFB) has signed all five grant agreements […]

A EUR 1.5 billion development program financed by the European Union to modernize and strengthen the Hungarian electricity grid has launched, Minister of Economy and Energy István Kapitány said in a post on social media on Thursday, MTI reports. The minister said investments from the program will help add almost 5,000 MW of new, mostly […]

E.ON Hungária Group has made significant improvements through its complex research and development program, Flex.ON, with new solutions implemented with HUF 2.1 billion to make energy supply more cost-efficient and flexible, the company informed MTI on Tuesday. The aim of the investment is to enable the group to serve the growing energy needs of its […]