Hungary pays neighbours to avoid blackouts: lessons from Spain’s recent energy crisis

3 min read Energy, European Commission, European Parliament, European Union, Paks 2, Portugal, Spain, Teresa Ribera, Economy, V4 & Romania, Hungary, EU

Hungary currently leads the world for share of solar energy in its energy mix, as it generated a quarter of its domestic electricity from photovoltaic panels in 2024. However, the recent massive blackout in Spain and Portugal served as a reminder of the challenges involved with high reliance on renewable