Hungary's Energy Transition Plan Faces Criticism and Urgency Challenges
Peter Magyar's plan to end Hungary's Russian energy reliance by 2035 may conflict with EU deadlines and risks national security. Experts indicate that a quicker transition to non-Russian energy supplies is feasible if driven by political will.
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Hungary's Tisza party aims to eliminate dependence on Russian energy by 2035, a timeline that may clash with the EU's ban on Russian gas by November 2027. Current reliance has increased dramatically, with Russian gas imports rising from 60% to 90% between 2021 and 2025.
Experts suggest Hungary could expedite its energy diversification with existing infrastructure, such as the Adria pipeline and Krk LNG terminal. While Mol, Hungary's largest energy firm, is exploring non-Russian partnerships, the outgoing government insists on the necessity of Russian supplies. The new administration's approach may face challenges, including court disputes with the EU and ongoing geopolitical tensions, potentially hindering progress on energy security.
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