Since February, domestic companies can apply for a subsidy of HUF 2.8-4 million per vehicle for the purchase of a pure electric car, van or minibus. More than two thirds of the EUR 30 billion budget was put out to tender last year, over half of it has been contracted and almost a fifth has […]

Domestic gas consumption fell by 15.7% in the first three quarters of 2023 compared to the same period last year. From January to September, 1.07 billion cubic metres less natural gas was consumed, with the economy and households accounting for roughly two-thirds to one-third of the savings. The reduction in electricity was 7% in the […]

Total domestic solar capacity topped 5,400 megawatts by the beginning of October, according to latest data summary by MAVIR Hungarian Transmission Operator Co., with the first three quarters adding 1,389 megawatts, more than 300 megawatts more than the gain in twelve months of last year's record year, the Energy Ministry (EM) said on Friday. The […]

The Minister of Technology and Industry, László Palkovics is to leave his post, and a new energy ministry is to be established, the head of the Prime Minister's Office, Gergely Gulyás announced at an extraordinary press conference on Monday. According to Minister Gulyás, the restructuring is justified by the war in the neighboring country and […]