Promoting Energy Security in Hungary: A Model-based Analysis
Selected Issues Papers, September 9, 2025
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- Promoting Energy Security in Hungary: A Model-based Analysis
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Bibliographic details
- Authors: Moheb T Malak, Hugo Rojas-Romagosa, Atticus Weller
- Published: September 9, 2025
- Series: Selected Issues Papers
- DOI: https://doi.org/10.5089/9798229023177.018
Context and Objective
- Evaluates Hungary’s energy security vulnerabilities and policy options in the context of Russia’s invasion of Ukraine in 2022 and the EU’s planned phaseout of Russian energy imports by 2027.
- Focuses on strengthening Hungary’s resilience to future external energy shocks.
Methodology
- Leverages the IMF-ENV global computable general equilibrium model to simulate policy impacts.
- Analyzes coordinated EU-wide instruments alongside complementary national reforms.
Policy Instruments and National Reforms Analyzed
- Coordinated EU-wide instruments:
- Carbon pricing
- Electricity market integration
- Complementary national reforms:
- Fossil fuel subsidy removal
- Tighter energy efficiency standards
- Accelerated renewables permitting
Key Findings
- Combined implementation of the analyzed policies can:
- Significantly reduce Hungary’s import concentration
- Enhance supply diversification
- Lower energy expenditure risks
- Strengthen the country’s resilience to future external energy shocks
Subject Areas and Keywords
- Subject: Energy conservation, Environment, Non-renewable resources, Renewable energy
- Keywords: economic resilience, Energy conservation, Energy security, energy security vulnerability, EU electricity integration, Europe, Global, green transition, import concentration, Non-renewable resources, policy option, policy package, Renewable energy
Content in this bundle
- Sipea2025121