Parties sign Letter of Intent
Energy Investment Forum 2019
High demand, low supply led to skyrocketing prices at power exchange
NKM charges HUF 50 per minute for electricity.
Previous all-time high reached in July 2015 broken.
Revenues also grow.
Posts highest annual profit of the last five years in 2018.
Consumption rises, while power generation drops.
Previous version was protested in Slovenia.
Merely 7% of electricity consumption is generated from renewable sources.
More than half of their exports come here.
Import share almost 43% in June.
Country could become more resilient to crises by power grid upgrade.
Gas prices also fall, but difference between member states is huge.
Need for developments is high.
Hungary could also benefit from mesmerising power grid linkage project.
For corporate financing and refinancing.
Consumption up 3.15% year on year.