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Hungary

Crucial intelligence to understand the changing dynamics of the Hungarian energy market

Hungary is making strides towards lowering its energy import dependency while transitioning towards a cleaner power sector to meet ambitious emission reduction targets. Rising commodity prices, thermal capacity retirements, continued decreasing solar build-out costs, and an increasingly favourable policy landscape are creating significant opportunities for new renewable projects. Stay up-to-date with all the crucial developments in this market with our Hungarian services.

What you need to know about the market

  • Nuclear energy makes up a 30% share of the country’s electricity generation. However, the increase in solar penetration makes the proportion of installed solar capacity one of the highest in Europe.
  • A new storage Contracts for Difference (CfD) scheme will boost investments in storage systems which will be essential, complementing the rapidly growing solar generation.
  • Upcoming regulatory changes are expected to solve the market‘s main challenges, notably enabling the construction of wind farms.

Which products are available?

  • Power & Renewables Service

    Robust, transparent​ analysis, widely used and trusted amongst major market participants​ and bankable forecasts to support asset financing and in-depth analysis to underpin your investment strategies​

  • Flexible Energy Service

    Detailed analysis and granular forecasts for power, balancing, and ancillary service markets plus access to investment case data for a wide range of battery storage and gas peaker business models

  • Hydrogen Service

    Crucial analysis into market sizing and drivers, dedicated insights following policy developments and project activities across power, heat, transport, and industry

Meet the team

Evangelos Gazis

Head of Southeastern Europe

Panos Kefalas

Product Manager, Research

Petro Ylli

Commercial Associate, Commercial

Find out more!

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