Daily News Hungary

Budapest, March 11 (MTI) – Consumption of both natural gas and electricity rose in Hungary last winter from a year earlier, with the former largely due to households, business daily Napi Gazdasag said on Wednesday.

Consumption rose despite a milder winter, the daily said, citing data from Hungary’s Energy and Utilities Regulatory Office (MEKH). Part of the increase may have been to do with the government’s reduction of retail gas and electricity prices while economic growth may also be a factor, the paper speculated.

Natural gas consumption was up 1.5 percent and electricity consumption rose 3 percent from a year earlier.

Between the beginning of December last year and the end of February 2015, Hungarian consumers used 3.662 billion cubic metres of natural gas, 54,000bn more than the previous winter.

Households alone used 1.111 billion cubic metres of gas during last winter, 6.5 percent more than a year earlier.

Electricity consumption rose to 11,235 GWh last winter from 10,883 GWh a year earlier, the paper said, citing data from transmission system operator MAVIR.

After a combined 20 percent cut in 2013, the retail price of gas dropped by 6.5 percent from April 2014 while retail electricity prices fell by 5.7 percent from last September.

Source: http://mtva.hu/hu/hungary-matters

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