19 results found

RES financial incentive scheme in Hungary – Impacts on the regulatory and investment environment of the development of photovoltaic power plants

On September 2, 2019 the Hungarian Energy and Public Utility Regulatory Authority launched its first tender to support renewable electricity producers under the METÁR renewables support system.

Only a few years ago, the Hungarian National Energy Strategy set the then ambitious target of reaching 6 GW of solar power capacity by 2030.

Stay competitive in Hungary's evolving energy market by understanding the Guarantee of Origin, a crucial certification now available for renewable gas.

On 18 June 2020 the Hungarian Ministry of Innovation and Technology ("Ministry") announced that the Ministry requested the Hungarian Energy and Public Utility Regulatory Authority ("HEPURA")...

The expansion of renewable energy sources, particularly photovoltaic (PV) systems, has been a cornerstone of Hungary's strategy to diversify its energy portfolio and achieve sustainability objectives.

The Government of Hungary has overhauled the regulatory framework governing the district heating sector. The legislative changes are primarily aimed at supporting substantial new investments in district.

The sale of the generated electricity by renewable energy generators through market-based long-term power purchase agreements (PPAs) is a fairly new phenomenon in the Hungarian electricity market.

July 2020 – On 18 June 2020 the Hungarian Ministry of Innovation and Technology ("Ministry") announced that the Ministry requested the Hungarian Energy and Public Utility Regulatory Authority...

As of 1 January 2024, the Hungarian government has greatly eased the legal conditions for the installation of wind turbines in order to increase the use of green energy.

Hungary has joined the EU's Tripartite Agreement for Energy Storage, committing to develop 700 MW of new storage capacity by 2028. This strategic move strengthens the country's energy sovereignty, accelerates renewable integration, and supports grid stability while reducing dependence on fossil fuels.

In an unexpected move, on 31 January, the Hungarian government announced and enforced a critical change within just one hour late Friday night.

On 15 July 2020, on the basis of the request of the Ministry of Innovation and Technology, the Hungarian Energy and Public Utility Regulatory Authority launched the second tender procedure of the Hungarian Renewable Energy Support System Scheme.

By introducing a new concept of guarantees of origin on 17 August 2013, positive changes took place in the certification of renewable sources of electricity in Hungary.

On 14 August 2023 the Hungarian Government issued Gov. Decree 382/2023 ("Decree") establishing the legal framework for the implementation and functioning of the new Contracts...

Sustainability is crucial for ensuring the long-term wellbeing of the planet and future generations. It encompasses responsible practices that preserve natural resources...