Fresh data: Hungarian gas consumption increased slightly last year
Hungary’s gas and electricity consumption remained largely unchanged in 2024, signalling stable energy use despite ongoing challenges. The country’s electricity consumption reached 41.9 terawatt-hours (TWh), marking a modest 2.2% increase from the previous year. Gas consumption rose slightly by 0.8%, or 68.3 million cubic meters, continuing a trend of significant savings compared to pre-energy crisis levels. Notably, Hungary’s gas usage was still about 25% lower than before the crisis.
The Energy Ministry emphasised that these reductions in energy use contribute to increased energy sovereignty and supply security, supporting Hungary’s environmental goals. Household solar panel capacity reached nearly 2,700 MW by the end of 2024, covering around 6.6% of the country’s total electricity needs. On sunny days, this share could rise to about 9%.
Despite the slight increase in consumption, Hungary’s energy savings have led to lower reliance on imports, contributing to stronger energy security. The country’s large gas storage capacity, currently 4.5 billion cubic meters, ensures reliable supply even amid disruptions in regional gas transit.
Looking ahead, Hungary’s government will continue supporting energy efficiency with initiatives such as the home renovation program, set to provide up to HUF 6 million (EUR 14,500) in subsidies starting January 2025. This ongoing commitment helps protect households from volatile international energy prices, keeping Hungary among Europe’s lowest-cost electricity and gas consumers.
Read also:
- Breaking: Hungary has the most expensive electricity in Europe as of 11 November
- Orbán cabinet: Hungarian households’ energy bills lowest in Europe
Featured image: illustration, depositphotos.com