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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 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

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