Electricity prices in Hungary 2022
In 2022, the average wholesale day-ahead electricity price in Hungary was 95.8 Ft /kWh. Below is the month-by-month breakdown plus a chart of how prices moved through the year.
Monthly breakdown — 2022
| Month | HUF/MWh | HUF/kWh | MW |
|---|---|---|---|
| January 2022 | 72,550 Ft | 72.5 Ft | 5,552 |
| February 2022 | 68,830 Ft | 68.8 Ft | 5,409 |
| March 2022 | 100,879 Ft | 100.9 Ft | 5,152 |
| April 2022 | 66,914 Ft | 66.9 Ft | 4,741 |
| May 2022 | 72,435 Ft | 72.4 Ft | 4,422 |
| June 2022 | 83,832 Ft | 83.8 Ft | 4,515 |
| July 2022 | 131,276 Ft | 131.3 Ft | 4,665 |
| August 2022 | 175,236 Ft | 175.2 Ft | 4,362 |
| September 2022 | 138,149 Ft | 138.1 Ft | 4,392 |
| October 2022 | 68,718 Ft | 68.7 Ft | 4,381 |
| November 2022 | 78,897 Ft | 78.9 Ft | 4,792 |
| December 2022 | 92,377 Ft | 92.4 Ft | 4,969 |
Hungary's electricity sector leans heavily on the four-reactor Paks nuclear plant, which delivers around 47% of generation — among the highest nuclear shares in the EU. The Paks-2 expansion with two new VVER-1200 reactors, contracted with Rosatom in 2014, has been repeatedly delayed by sanctions and financing obstacles; first concrete is now targeted for 2025. MAVIR, the national TSO, operates the HU bidding zone and runs the HUPX day-ahead market.
Solar capacity exploded from under 1 GW in 2020 to over 6 GW by 2025, accounting for ~25% of summer midday generation; the country's flat plains and cheap rural land made deployment exceptionally fast. Wind has been administratively frozen since 2016.
Hungary remains a large net importer, especially in winter, drawing on Slovak nuclear and Austrian hydro via the Continental European synchronous grid.