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Energy supply – Energy Country Profile

Energy Supply

Total energy consumption has been rising by almost 3%/year since 2014. Energy consumption per capita is 2.7 toe (13% below the EU average), including 4 000 kWh of electricity (27% below the EU average) (2018). Total energy consumption has been recovering since 2014 (+2.7%/year), nearing 27 Mtoe in 2018, after a 10% decline between 2010 and 2013. It fluctuated around 25-27 Mtoe between 2000 and 2010. The share of gas has been decreasing since 2004 (31% in 2018 compared). The share of coal and lignite was 8% in 2018,  oil  (30%). The share of nuclear is on the rise (16% in 2018), biomass doubled since 2000 (9% in 2018). The share of hydro, wind and solar is marginal (less than 1%). Ther country is still heavily dependent on Russia for natural gas supply. 

Despite of that objective, energy supply relies heavily on nuclear power, which is seen as a cost-effective energy source with low GHG emissions. The share of nuclear energy keeps increasing (49% in 2018) and it generated by the Paks Nuclear Power Plant, which produces the lowest cost electricity in the country. A resolution to extend the lifespan of Paks Nuclear Power Plant by 20 years was passed in 2005 to ensure long-term domestic electricity supply. In 2009, Parliament approved the commencement of preparatory activities for the construction of new units at Paks. A recent increase in demand has spurred the search for uranium in southwest Hungary. In June 2014, Parliament approved a EUR 10bn (USD 12.5bn) loan agreement with Rosatom to finance the construction of two blocks at the Paks Nuclear Power Plant.

Power Generation

Total electricity capacity is about 32 TWh, with the half coming from nuclear power production. In addition, the share of gas was 23% in 2018. Renewable energies like solar, wind and biomass account for about 12% of the power mix (2018).

Last update: 10 2020