Major And Sudden Change In Hungary's Renewable Energy System

In an unexpected move, on 31 January, the Hungarian government announced and enforced a critical change within just one hour late Friday night. The new regulation, published around 10 PM, became legally binding by 11 PM the very same evening, fundamentally reshaping the mandatory purchase price system (KÁT) for industrial-scale solar power producers.

What changed?

The inflation-adjusted mandatory purchase prices have been abolished overnight, directly impacting around 3,100 MW of industrial solar capacity. This means significantly lower revenue growth potential for solar plant owners, while industrial energy consumers—who had been carrying much of the financial burden—may see lower electricity costs.