Hungarian | Oil & Gas Feed

The European Commission decided to support three Hungarian energy programs through the EU's Modernization Fund. Two calls for proposals aimed at renewing and greening district heating systems, and one to promote the establishment of energy communities, are expected to be launched this autumn.

A Hungarian delegation visited Iceland to explore geothermal energy innovations underscoring Hungary's commitment to enhancing its geothermal energy sector, supported by a new regulatory framework and the forthcoming National Geothermal Strategy.

As part of the Solar Energy Plus Programme a total of more than 116 million euros have already been awarded to some 11,000 Hungarian households via public tender.

Azerbaijan’s state oil company SOCAR began injecting the first 50 million cubic meters of gas into Hungarian storage facilities, said Hungarian Minister of Foreign Affairs...

The European Commission has approved a 1.1 billion euro Hungarian scheme to support electricity storage facilities to foster the transition to a net-zero economy.

The European Commission has approved a 1 billion euro Hungarian scheme to support companies facing increased energy costs in the context of Russia's war against Ukraine.

Hungarian residential consumers will continue to pay the lowest price for gas and the second lowest price for electricity in Europe, confirmed Hungary's newly established Ministry of Energy, announcing that 2023 won't bring changes in the energy bills of Hungarian households whether they consume below or above the average consumption.