< Back to all clusters
[BUSINESS] · Hungary · 3 sources

started · updated

MVM Group announces readiness for upcoming heating season

MVM Group has announced its readiness for the upcoming heating season, stating that necessary tasks for secure energy supply have been completed according to schedule. The company reported that natural gas storage is ongoing, with over 4 billion cubic meters currently stored, ensuring sufficient supply for domestic consumption.

Regarding electricity production, the Paks Nuclear Power Plant is operating normally with three blocks at nominal capacity, while a fourth block is scheduled to return to service following a planned major overhaul. Additionally, maintenance at the Mátra Power Plant has been completed, and construction of a new combined-cycle gas turbine plant at the Visont site is underway, with an expected operational date in 2029.

MVM plans to invest several billion forints in 2026 to modernize gas and electricity distribution networks, expand capacities, and reconstruct aging infrastructure. Recent developments include the completion of the Sajókeresztúr substation and new substations in Miskolc and Maklár, as well as ongoing capacity expansions in the Démász distribution area.

Entities

MVM Group · Mátra Power Plant · Paks Nuclear Power Plant