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Hungarian industry faces rising electricity costs amid grid management shifts
Hungarian businesses, particularly in the industrial and logistics sectors, are facing significant financial pressure due to a sharp rise in electricity costs. The Association of Hungarian Logistics Service Centers (MLSZKSZ) reports that the KÁT fee—a subsidy-related charge—has increased from approximately 2–4 HUF/kWh to nearly 15 HUF/kWh. This surge has caused electricity costs for some companies to rise by nearly 30 percent, with potential additional costs reaching 300 billion HUF by 2026.
In response to broader energy management challenges, Schneider Electric and Kraken have announced a partnership aimed at improving the utilization of existing electrical grid capacities. The collaboration focuses on providing solutions for distribution system operators (DSOs) and utilities to better predict congestion and manage demand in real-time. These technologies aim to optimize the distribution of energy between electric vehicles, industrial consumers, and renewable sources, potentially delaying expensive grid upgrades and mitigating price increases for consumers.
Entities
Association of Hungarian Logistics Service Centers · Kraken · Schneider Electric