Tag Archives: Hungary

The solar revolution

13 Apr

In a couple of years, it is going to be cheaper to build solar panels in Hungary than nuclear reactors. And the best part is that it will not need any state subsidy. […]

South Stream is dead. Should Hungary mourn or laugh?

12 Dec

Neither. The South Stream would not have solved much of Hungary’s problems. But neither will the country be worse-off without it. […]

This is why more Russian gas is a bad idea

28 Nov

The price of natural gas is higher in European countries where the share of Russian import is high. Most likely this is not because of import dependency, but Russian dependency. If Eastern European countries want to buy cheap gas, they need to connect to the Western-European gas market: there Russian gas has to compete with other sources, leading to much lower prices. […]

Hungary does not need new nuclear blocks

17 Jan

Hungary plans to build two new nuclear blocks in Paks. Russian Rosatom just got the deal without a tender. It will cost around 12.5 billion euros. The first block could be operational already by 2023. At least according to the intergovernmental agreement. Will it be built or not? Will it be a failure or a success? A brief analysis. […]

How to lower your electricity bill: Are Hungarians (and the British) easier to fool?

12 Nov

A gadget which is supposed to decrease your electricity bills by 75%. Bullshit. Still, a recent EU-wide scam raises some interesting comparisons: where do they charge more for the same ‘product’?

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Electronic road tolls for Hungary: A constructive idea

6 Feb

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If Hungary joins forces with Slovakia, it may be able to introduce a new electronic road toll system in time, since such a system is already in place in Slovakia. We fully support this great idea put forward by the Clean Air Action Group, a Hungarian environmental NGO. We would also add that the planned fees would have to be lowered to more realistic levels in order to realize this plan.

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Hungarian budget deficit: against the tide

9 Nov

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Although the European Commission has turned off the slapping machine (using sanctions against Hungary in its excess deficit procedure), it is not taking it out of the room, to let Hungary know where it stands.

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New nuke in Hungary or joining euro – Which will come first?

26 Oct

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The tender for one or two new nuclear blocks at the Paks site will be announced by early next year at the latest – at least according to the most recent news. This is a bit like calling a design competition for the Hungarian euro coins. But it costs much, much more. There are several reasons against a rushed nuke expansion: nuclear energy is expensive, and it seems that not only money, but electricity demand and project management skills are also lacking in Hungary. The exact terms of the tender remain unclear, as is the issue of who would apply given these conditions.

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