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.

How many people in Hungary use district heating?

In Hungary, about 650 thousand apartments in 95 towns are supplied by district heat. Approximately 80% of the thermal energy sold by district heating suppliers is consumed by households for heating and hot water consumption. District heating services are local public utility services.

How much energy does Hungary use in the year 2030?

According to estimates, Hungary's energy consumption in the year 2030 is expected to be 60 terawatt-hours (TWh). Traders and universal service providers sell imported and domestically produced natural gas to domestic users. Six regional distributor corporations – owned by three market players – oversee the natural gas distribution systems.

How much natural gas does Hungary use?

Hungary consumes 10 billion cubic meters of natural gas annually. Nearly 85% of this comes from Russia. After receiving a $110 million subsidy from the EU, the Krk LNG Terminal (or FSRU) began operating in Hungary in January 2021.

Does Hungary have a natural gas pipeline?

Hungary has pipeline connections to six of its seven neighbors but has not succeeded in obtaining significant amounts of natural gas from sources other than Russia. Hungary uses 10 billion cubic meters of natural gas annually, nearly 85% of which comes from Russia.

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.