Hungary Energy Information

Hungary Energy Research

- Hungary's Energy & Climate Policy Framework: Hungary targets carbon neutrality by 2050 and a 50% GHG reduction by 2030, driven by nuclear, renewables, and coal phase-out by 2029. The state retains strong energy sector control.

- Hungary's Energy Companies: Hungary’s energy sector is dominated by state-owned MVM in electricity and MOL in oil and gas, both controlling major generation, transmission and distribution networks.

- Hungary's Energy Supply & Demand: In 2025, Hungary's carbon-free electricity reached 70% (41% nuclear, 27% solar). Total energy consumption fell to 24 Mtoe. While diversifying gas and oil imports, Hungary faces supply risks.

- Hungary's Energy Use & Price by Sector: Hungary's final energy consumption has fallen since 2021, led by declines in the residential sector. While industrial and residential energy prices remain below EU averages, government measures mitigate costs.

- Hungary's Issues & Prospects: Hungary is expanding its nuclear, solar, gas, and grid capacities to secure energy supply and diversify sources. Key projects include the Paks II nuclear plant, regional interconnections, and pipelines.

Hungary Total Energy Production & Consumption

Energy consumption per capita is 2.5 toe (8% below the EU average) (2025).

Total energy consumption has decreased rapidly since 2021, by 3%/year on average, reaching around 24 Mtoe in 2025. It remained broadly stable from 2018 to 2019 and rebounded by 4.6% in 2021, after a 1.5% reduction in 2020; it grew rapidly between 2014 and 2018 (+3%/year).

Graph: Primary Consumption Trends by Energy Source

Source: Hungary energy report

Interactive Chart Hungary Total Energy Production & Consumption

Source: Global Energy & CO₂ data

Hungary Oil Production & Consumption

Crude oil production, which is distributed over 6 production sites, covers around 24% of the country's needs (vs 13% in 2010) and reached 1.5 Mt in 2025. In 2024, Russia was the main oil supplier (87%), followed by Kazakhstan (9%). In 2025, MOL and MVM signed an agreement to raise oil imports from Azerbaijan.

Source: Hungary energy report

Interactive Chart Hungary Crude Oil Production & Consumption

Source: Global Energy & CO₂ data

Interactive Chart Hungary Refined Oil Products Production & Consumption

Source: Global Energy & CO₂ data

Hungary Natural Gas Production & Consumption

Gas production has been increasing by 3%/year since 2021, reaching 1.7 bcm in 2025 (stable YoY), after halving between 2006 and 2021 (-11% in 2021 alone to a record low of 1.5 bcm). This production represents around 20% of the country's gas needs.

Hungary is a net importer of gas. Net imports rebounded by 20% in 2025 to 6.6 bcm after decreasing by 33% in 2024 (to 5.5 bcm). Its net imports have fluctuated in a range of 7-10 bcm between 2010 and 2023.

Source: Hungary energy report

Interactive Chart Hungary Gas Production & Consumption

Source: Global Energy & CO₂ data

Hungary Coal and Lignite Production & Consumption

The country only produces lignite. Between 2010 and 2024, lignite production declined by an average of 6%/year, and it slumped by 45% in 2025, reaching 2.1 Mt.

Coal imports decreased by 58% in 2025 to 0.1 Mt, after a 50% drop in 2024. They have been decreasing by 15%/year since 2010. Coal imports came from Czechia (38%), followed by Poland (35%), and the United States (18%) in 2024.

Source: Hungary energy report

Interactive Chart Hungary Coal and Lignite Production & Consumption

Source: Global Energy & CO₂ data

Hungary Renewable in % Electricity Production

The final updated NECP (2024) raised the target on renewables to a share of 30% of final energy consumption by 2030 (32% of which for electricity, 32% for heating and cooling, and 25% for transport). The NECP specifies that targets for electricity and the heating and cooling sectors are "indicative non-binding sub-targets". In 2024, this share reached 18.3% (24.1% of which for electricity, 22.6% for heating, and 7.9% for transport). In the NECP, the country set an objective of 12 GW of solar capacity and 1 GW of wind capacity in 2030.

Source: Hungary energy report

Interactive Chart Hungary Share of Renewables in Electricity Production (incl hydro)

Source: Global Energy & CO₂ data

Hungary GHG emissions and CO₂ emissions

In 2020, the parliament adopted a law to achieve carbon neutrality by 2050. In the medium term, the country is committed to a binding GHG emissions reduction target of at least 50% by 2030 compared to 1990 (vs EU's block-wide 55% ambition). The final updated NECP maintains the 50% target by 2030.

Source: Hungary energy report

Interactive Chart Hungary CO₂ emissions

Source: Global Energy & CO₂ data