Technical FAQs 4

Should wind power developments be regulated in Hungary?

where wind energy density and wind speeds are favorable. Investors would benefit from a simplified permitting procedure for wind power developments in these specified areas. The new regulation supports Hungary’s ambitions to reach the 1,000 MW of installed wind capacity by 2030 set out in the NECP, tripling the current capacity of around 330 MW.

Should Hungary use re-newable energy resources for heat production?

oth market participants and potential financiers. Thus, on the whole, there is currently no substantial incentive to use Hungary's re-newable energy resources for heat production in addition to electricity; whereas, 29% of Hungary's final energy consumption can be attributed to the residential sector

What type of energy is used in Hungary?

Biomass energy: Biomass energy, particularly from wood and agricultural waste, plays a significant role in Hungary's renewable energy mix, accounting for around 60% of the country's total renewable energy consumption. Geothermal energy: Geothermal energy is gaining traction in Hungary, with several projects under development.

Why do Hungarian companies invest in solar power plants?

It is a strategic goal of the Hungarian government to increase the share of renewable power generation. Consequently, the domestic regulatory environment supports utility-scale solar power plants. The current energy prices make the investment profitable for many industrial companies as well.

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