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Energy and utilities
The Energy sector plays a pivotal role in economic and social development by supplying what might be described as the “flow of blood” to production and transportation systems. Its main objective is to ensure the reliable, affordable and clean energy needed by modern societies, thus contributing to well-being and prosperity around the globe.
The Energy sector involves the generation, transmission and distribution of electricity derived from a variety of sources, includ♑ing fossil fuels, nuclear power and renewable sources. It also includes activities concerned with fuels themselves, which extend along the entire value chain, such as oil and gas extraction and transportation, coal mining, refining of petroleum products, and wholesaling and retailing of fuels.
The energy sector is responsible for nearly 8% of Poland’s GDP and its strategic importance for the country is overwhelming. The ageing of the power generation and transmission infraᩚᩚᩚᩚᩚᩚᩚᩚᩚ𒀱ᩚᩚᩚst𒈔ructure is a major concern for the sector, which at the same ...
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The Hungarian electric power market is middle-sized compared to other European markets. The electric power sector is mature, meaning that all majorဣ power stations and the transmission network have been built and that electricity supply is stable. ...
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