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.
