What is Hungary's Energy Strategy?

Under Hungary’s energy strategy, the government’s stated policy objective is to reduce import dependency. Hungary’s dependency on energy imports has increased over the last decade as demand for fossil fuels has increased. Despite greater diversification of oil supply, the country remains heavily dependent on Russian oil and gas.

How can the IEA help Hungary manage its energy sector?

In this report, the IEA provides energy policy recommendations to help Hungary effectively manage the transformation of its energy sector in line with its goals. Hungary 2022 - Analysis and key findings.

What is Hungary's dependence on energy imports?

Hungary’s dependency on energy imports has increased over the last decade as demand for fossil fuels has increased. Despite greater diversification of oil supply, the country remains heavily dependent on Russian oil and gas. With little domestic production, Hungary’s import dependency stood at 87% in 2020.

What is Hungary's Energy Strategy for 2040?

Hungary's Energy Strategy for the year 2040 focuses on clean, smart, and inexpensive energy while increasing energy independence and security and decarbonizing energy production. The strategy was incorporated into the amended National Energy Strategy for 2030.

Does Hungary have a nuclear power plant?

Yes, Hungary does have a nuclear power plant. Paks Nuclear Power Plant (NPP), currently known as Paks I, was put into service in the early 1980s and produces about 35% of Hungary’s electricity supply. It is the country’s main electricity-generating facility.

What percentage of Hungary's energy is renewable?

According to preliminary estimates from the Hungarian Energy and Public Utility Regulatory Authority (MEKH), renewables contributed for 19.2 percent of Hungary’s energy generation in 2021. Among renewable sources, solar generated the most with 3,793 GWh, a 54.3% increase since 2020.