In Hungary, the annual average potential for PV energy ranges from 1,050 to 1,450 kWh/kWp. 2 In July 2024, the average wholesale electricity price in Hungary was 151 $/MWh. 3 The highest prices were seen in August 2022, reaching approximately 552.2 $/MWh. Energy prices in Hungary and across Europe began to decline following the summer of 2022.
Moreover, with interconnectivity now at 55%, Hungary is well-positioned for regional power trade, further boosting overall reliability. Consulting Service Turnkey Service We can help you start your own solar module production company.
Hungary's electricity supply reliability is generally in line with OECD averages, as indicated by the system average interruption frequency, which reflects a stable power supply. 4 Moreover, with interconnectivity now at 55%, Hungary is well-positioned for regional power trade, further boosting overall reliability.
Hungary averages between 1,950 and 2,150 hours of sunshine per year, with an intensity of 1,200 kWh/m 2 per year. 1 In Hungary, the annual average potential for PV energy ranges from 1,050 to 1,450 kWh/kWp. 2 In July 2024, the average wholesale electricity price in Hungary was 151 $/MWh. 3
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