Electricity prices in Hungary 2022
In 2022, the average wholesale day-ahead electricity price in Hungary was 98.8 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 | 74,767 Ft | 74.8 Ft | 5,552 |
| February 2022 | 70,934 Ft | 70.9 Ft | 5,409 |
| March 2022 | 103,962 Ft | 104.0 Ft | 5,152 |
| April 2022 | 68,960 Ft | 69.0 Ft | 4,741 |
| May 2022 | 74,649 Ft | 74.6 Ft | 4,422 |
| June 2022 | 86,394 Ft | 86.4 Ft | 4,515 |
| July 2022 | 135,288 Ft | 135.3 Ft | 4,665 |
| August 2022 | 180,592 Ft | 180.6 Ft | 4,362 |
| September 2022 | 142,371 Ft | 142.4 Ft | 4,392 |
| October 2022 | 70,818 Ft | 70.8 Ft | 4,381 |
| November 2022 | 81,309 Ft | 81.3 Ft | 4,792 |
| December 2022 | 95,200 Ft | 95.2 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.