Hungary Renewable Energy Industry Outlook 2024 - 2028

See how Hungary Renewable Energy performed compared to key markets such as Germany, the United Kingdom and Spain.

Key Market Indicators

Hungarian renewable energy generation is projected to see a significant increase, reaching approximately 8.4 terawatt-hours by 2028. This marks a jump from around 6.4 terawatt-hours in 2023, reflecting a compound annual growth rate (CAGR) of 4.3%. Since 1995, Hungary's supply of renewable energy has surged by an average of 12.4% annually. In 2023, Hungary ranked 21st globally in renewable energy generation, with the Czech Republic narrowly ahead at the same figure of 6.4 terawatt-hours. Leading the rankings, the United Kingdom, Spain, and France held the second, third, and fourth positions respectively in renewable energy output.

Hungary Renewable Energy Market Data and Forecasts

How much will Hungary Renewable Energy Market grow to 2028?

Forecast: Export of Wood Fuel from Hungary
Forecast: Import of Wood Fuel to Hungary
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