AGP Executive Report
Last update: 8 hours agoEnergy Costs: Hungary joined Italy, Poland and Czechia in seeking a delay to the EU’s planned carbon pricing for heating and transport. Leaders instead agreed to review the scheme, while asking the Commission to consider short-term measures on high energy prices. Prices: Eurozone inflation rose to 3.8% in September, driven largely by energy; Hungary recorded one of the EU’s lowest rates at 2.1%. Renewable Gas: MOL opened its first biomethane plant in Szarvas after investing more than HUF 2.7 billion. The facility can produce enough biomethane annually to replace over 7 million cubic metres of natural gas. Automotive: BYD says mass production at its Szeged plant is on track to start in the fourth quarter of 2026, a key step in its European manufacturing expansion. Geothermal: PannErgy’s Q3 heat sales fell 11.9% year on year, with warmer weather and greater use of fossil-fuel heat in Miskolc contributing to the shortfall.
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