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Hungary energy markets long-term outlook 2018

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26 January 2018

Hungary energy markets long-term outlook 2018

Report summary

From 2017 to 2035, we forecast Hungary's population to decrease, but GDP and industrial production will continue to rise. As indigenous oil and gas production continues to decline, the Hungarian government expressed in its 'Energy Strategy 2030' its will to reduce its use of hydrocarbons. Emphasis has been made on increased energy efficiency, the development of renewables, and the role of nuclear energy. Yet we expect demand for most fuels to remain stable, with the exception of coal due to the phasing out of coal into power by the late 2020s. We highlight and address major trends within the report, including how will the Hungary's power generation be reshaped by the government's ambition to move towards a cleaner energy mix, what is the future of coal in Hungary, and how will gas maintain its share in the overall mix?

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  • Executive summary

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  • Document

    Hungary Energy Markets Service 2018.xls

    XLS 836.00 KB

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    Hungary Energy Market 2018.pdf

    PDF 885.63 KB

  • Document

    Hungary Energy Markets Service 2018: towards a cleaner mix?

    PDF 156.24 KB

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    Hungary Energy Markets Service 2018: towards a cleaner mix?

    ZIP 1.21 MB

  • Document

    Executive summary

    PDF 75.45 KB

  • Document

    Executive summary

    PDF 57.65 KB

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