What is Hungary's Energy Policy?

As the country is a Member State of the EU, Hungary’s energy related policies are significantly shaped by the EU’s energy acquis and climate objectives, including concerning green-house gas emission reduction, improving energy eficiency and increasing the use of renewable energy sources.

Why did Hungarian government hold a battery storage tender in 2024?

In early 2024, the Hungarian government held the battery storage tender, which aimed to enhance the development of large, grid-integrated battery energy storage systems (BESS) by market participants in the country.

What is Hungary's import dependency?

Hungary’s import dependency is comparatively high (natural gas: 86.4%, oil: 88.4%, coal: 39.5%). Nevertheless, there have been continuous efforts and steady im-provements both in case of natural gas and electricity supply in the past years as a result of resource diversification efforts as well as market integration.

Does Hungary need nuclear power?

According to the National Energy and Climate Plan (NECP), Hungary aims to make 90% of its electricity production carbon free already by 2030. In this context, it is noteworthy that nuclear power plays and is expected to play an important role in Hun-gary’s energy mix.

Does demand reduction contribute to energy security in Hungary?

As Hungary has very low domestic production, up to 10 percent of its natural gas consumption, it is highly dependent on imports, mainly from Russia. Demand reduction would contribute to energy security but this is only desirable as a result of increased energy eficiency rather than demand destruction, resulting in industry disruption.

What is the energy supply in Hungary in 2022?

The primary energy supply in Hungary was 1.080.301 TJ in 2022, which marks a 6% reduction compared to 2021. About half of this consumption is covered by domestic production, with the remaining half imported. Hungary’s import dependency is comparatively high (natural gas: 86.4%, oil: 88.4%, coal: 39.5%).