BMI View: Hungary faces a number of challenges over the coming years in relation to its power sector, with demand for electricity forecast to continue outstripping supply. The government has yet to come up with a credible long-term strategy to achieve Hungary’s power generation targets. This is not aided by an erratic policy-making environment, which has reduced the burden on households, but crucially has also led to a collapse in business confidence in the power sector. Queries regarding the potential expansion of the country’s sole nuclear power station remain unanswered, and as a result we are not assured that the …
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