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Energy crisis: record heat, slightly higher Danube, drying streams and ongoing energy and water conservation nationwide
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Energy crisis: record heat, slightly higher Danube, drying streams and ongoing energy and water conservation nationwide

Today, record-breaking heat is being experienced, but the Danube water level has improved, exceeding Sunday’s low point by nearly 10 centimeters, and one block of the Paks Nuclear Power Plant is operational. A positive development is that Hungary will receive the guaranteed Danube water volume guaranteed in international agreements, while Slovakia is prepared to release some additional water. Many organizations across the country are continuing to conserve energy and water due to the heat. We can continue to follow the developments.

Latest Dispatches

Anita Orbán on the nomination for constitutional judge: I know that we are moving at a fast pace. makro-gazdasagpolitika

Anita Orbán on the nomination for constitutional judge: I know that we are moving at a fast pace.

After eight years, a Hungarian government member was again invited to the CSU’s closed-door meeting, which, according to Orbán Anita, can help restore Hungarian-Bavarian relations. In an interview with the Süddeutsche Zeitung, the Foreign Minister also spoke about the government’s rapid transformation of state institutions and its desire to maintain a pragmatic relationship with Russia, which it has adhered to since taking office.

Portfolio.hu - Gazdaság
So what happened here? The country became "naked", and the situation immediately changed. makro-gazdasagpolitika

So what happened here? The country became "naked", and the situation immediately changed.

The peak demand of the Hungarian power grid on Monday evening was 6533 megawatts, which was below the planned level of the grid operator. The required electricity was more than half produced abroad, despite the significant solar power capacity available in Hungary. In addition, due to the shutdown of the only Hungarian nuclear power plant, we were unable to export, and the system was constantly dependent on imports throughout the day.

Portfolio.hu - Gazdaság
Concerns about the Friendship Line are being raised again in Brussels. makro-gazdasagpolitika

Concerns about the Friendship Line are being raised again in Brussels.

The European Commission continues to advocate for a complete ban on Russian oil, but Hungary and Slovakia’s exemptions may remain unchanged. The Friendship oil pipeline and the Paks Nuclear Power Plant shutdown were also discussed at the latest press briefing. The situation regarding the pipeline, which was damaged during Russian bombings in the spring, remains a concern, but Brussels is focused on promoting diversification, and there is no indication that the exemptions will be lifted soon.

Portfolio.hu - Uniós források
The water temperature of the Danube has become permanently warmer, with the past 4 years being among the warmest on record since the turn of the millennium. makro-gazdasagpolitika

The water temperature of the Danube has become permanently warmer, with the past 4 years being among the warmest on record since the turn of the millennium.

According to a research group at the HUN-REN Ecological Research Center, the increase in the temperature of the Danube River is the most significant hydrological change in the period after the turn of the millennium. In addition, the period has also seen more frequent years with low water levels.

Portfolio.hu - Gazdaság
In Hungary, online ticket and cultural purchases have decreased the most in the EU. makro-gazdasagpolitika

In Hungary, online ticket and cultural purchases have decreased the most in the EU.

According to Eurostat’s 2025 data, online event ticket purchases and the purchase of online cultural services decreased the most in Hungary compared to the rest of the European Union. While the EU average increased in both areas, the Hungarian indicators decreased compared to 2024.

Portfolio.hu - Gazdaság
According to Gábor Török, serious questions arise after Péter Magyar's comment. makro-gazdasagpolitika

According to Gábor Török, serious questions arise after Péter Magyar's comment.

Political analyst Gábor Török also reacted to the fact that the leadership of the state media withdrew the mandates of Gábor Hajdú and Miklós Borsa a day after their appointment. This turnaround came after Prime Minister Péter Magyar wrote on Facebook under an article: “I don’t believe…

Portfolio.hu - Gazdaság
Tisza government: Paks' complete shutdown is only a matter of time, but the government will not restrict private consumption. makro-gazdasagpolitika

Tisza government: Paks' complete shutdown is only a matter of time, but the government will not restrict private consumption.

Due to the low water level in the Danube, the Paks nuclear power plant may have to shut down completely, which could take up to a month – Prime Minister Peter Magyar informed. The government has asked residents and large industrial consumers to reduce their energy consumption. The most critical period is now, although consumer consumption will not be restricted, companies can expect emergency measures.

Portfolio.hu - Gazdaság
Energy crisis: Paks gains time, energy consumption is reduced in several locations - Our news updates minute by minute on Monday makro-gazdasagpolitika

Energy crisis: Paks gains time, energy consumption is reduced in several locations - Our news updates minute by minute on Monday

The last operating block of the Paks Nuclear Power Plant may remain in operation for longer than expected. In an effort to conserve energy, several companies are taking steps due to the heat. Richter Pharmaceuticals is reducing its energy consumption, Hunguest Hotels is turning off its saunas, and Auchan is being frugal. The Hungarian Advertising Association is reducing the lighting of its digital advertising surfaces to a minimum during the day, and turning them off during peak hours at night. The reporting focuses on the energy crisis and the responses to it.

Portfolio.hu - Gazdaság
Warning from Peter Magyar: Hungary is entering a critical period due to extreme heat. makro-gazdasagpolitika

Warning from Peter Magyar: Hungary is entering a critical period due to extreme heat.

The load on the domestic electricity grid is stable, and consumption is more than 500 megawatts lower than expected. Large consumers have voluntarily limited their consumption to 630 megawatts. However, due to the extreme heat, the most critical days are yet to come, and the operation of the last unit of the Paks Nuclear Power Plant is also in question, as Hungarian Prime Minister Péter Magyar stated in a Facebook video.

Portfolio.hu - Gazdaság