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Hungary

Country Profile

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Latest Developments

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Projects
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Policy/Regulatory

 

 

 

 

A new member to the EU, Hungary has committed to generating 3.6 percent of its electricity needs from renewable energy by 2012.  Recently, legislation was passed stipulating that beginning in January 2003, energy generated from renewable energy resources must be purchased between 7 and 8 US cents/kWh.  This guaranteed incentive dramatically improves the economics of potential renewable energy projects in Hungary.

 

Biomass accounts for the largest share of Hungary’s renewable energy consumption and appears to be the most promising technology for renewable energy development (about 1,000 MWe technical potential).  In spite of a renewable energy target and favorable legal and economical framework, the lack of state-of-the-art wind measurements currently inhibits wind energy development.  Austrian projects across the border imply some potential for development.  Solar insolation levels in Hungary are relatively low and given the high cost of solar photovoltaics, solar project development does not seem justified even with a relatively high feed-in tariff.  Hungary’s geothermal reserves are primarily low to medium enthalpy, which are not suitable for electricity generation.  There is some evidence of the existence of high-enthalpy resources capable of electricity generation, but none have been explored to date.  There is low technical potential for hydroelectric generation.

 

 

Country Profile and Notes

 

More information is provided in the country profile and country notes, including specific resource and energy sector information:

 

View 2009 Country Profile

View 2005 Country Profile (194 kB pdf)

View 2002 Country Notes (361 kB pdf)

 

 

Latest Developments


TitleSummarypubDate
Gheorgheni, Romania Biomass District Heating
RFV will spend about EUR 3.5m this year, mainly on the renovation of district heating capacity. About 80% of the fuel used by the district heating plant it will build for the city will be biomass.
21-Jul-10
Grant Contracts for Biomass Development Awarded
Hungary-Slovakia-Romania-Ukraine ENPI CBC Programme 2007-13 has announced that the first three Grant Contracts within the ENPI CBC were signed on 14th July 2010 in Chust, Ukraine.
13-Jul-10
Hungarian Company Semilab Zrt Invests in Solar Wafer Inspection Business
Ahrensburg / Budapest, July 07, 2010 – Basler AG, one of the leading companies in the Vision Technology sector worldwide, and Semilab Zrt, a leading Supplier for Photo-Voltaic Metrology and Inspection, are pleased to announce, that they have closed the deal to transfer all intellectual properties and all assets including all activities of sales, marketing, R&D, production and service associated with the Solar Wafer Inspection Business of Basler AG, Ahrensburg, to Semilab Zrt., Budapest, as of May 12, 2010.
07-Jul-10
Geothermal Greenhouse Planned for Turkey
Agribusiness Turawell plans to build a HUF 5 billion greenhouse heated with geothermal energy, the managing director of Sugar Holding, which is financing the project, told MTI on Saturday.
28-Jun-10
Report: CEE next Big Market for Renewable Energy
“As CEE countries take on the challenge of developing their indigenous energy sources, companies are currently experiencing first-mover advantages that could place them ahead of the curve,” Frost & Sullivan says.
23-Apr-10
Hungarian BudaSolar Recieve order for 85MW/yr Plant
BudaSolar Technologies, a Hungary-based thin film solar cell maker, has signed a deal with China City Investments Limited, a project company set up by Chinese investors, to provide technology for the turnkey delivery of production lines at the capacity of 85MWp/year using Silicon-based thin film PV technology.
22-Feb-10
Hungarian Bioethanol Plants Receive BackingThe government has made two planned bioethanol and biogas power plant investments worth a combined €270 million “priority projects”, speeding up the process of obtaining permits for their construction, a decree by the National Development and Economy Ministry shows.
22-Feb-10
EBRD/Iberdrola Subsidiaries Team for Eastern Europe Wind Development

The European Bank for Reconstruction and Development (EBRD) has announced plans to finance projects in several emerging wind energy markets in eastern Europe.
The EBRD, a London-based international financial institution that supports projects in 29 countries from central Europe to central Asia, said it would acquire 25% stakes in the Hungarian and Polish subsidiaries of the Spanish wind power Iberdrola. The EBRD will invest a maximum of EUR125million for the stakes and will also evaluate the possibility of collaborating with Iberdrola in the Romanian market.

09-Feb-10
Hungarian Geothermal Company Discussed
PannErgy’s geothermal arm Polifin's ownership and actions are discussed.
03-Feb-10
Hungarian Ethanol Growth Expected in 2011
BUDAPEST, Jan 26 (Reuters) - Hungary expects three new ethanol plants to come on stream in 2011 which would greatly increase capacity and absorb over one million tonnes of maize per year from the market, an agriculture ministry official said.
27-Jan-10
Wind Turbine Suppliers to Hungary Ranked
Wind power capacity in Hungary is expected to rise to 330MW by year end and to 740MW by 2015. This article lists leading turbine suppliers.
07-Jan-10
US Bioethanol Giant Fagen to Build Plant in Hungary
The US based ethanol giant Fagen is going to construct a bioethanol plant in Hungary, business daily Napi Gazdasag said, citing overseas press reports. The project will most probably be located in Dunafoldvar, a town 100 kms south of Budapest along the Danube. Works on the new plant are planned to start in April.
06-Jan-10
Biofuels Company With Operations in Hungary Files for IPO
Codexis, which is developing liquid transportation fuels using non-food biomass feedstock, intends to test the public markets in a bid to raise up to $100m.
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The company, which is also applying its enzyme development technology in the pharmaceutical industry, filed a registration statement with the U.S. Securities and Exchange Commission on Monday, laying the groundwork for a possible public offering. In addition to its headquarters in Redwood City, California, Codexis has laboratories in Singapore and Hungary.
30-Dec-09
STX Group Wins $428M Deal to Supply Wind Turbines
STX Group, a South Korean business conglomerate, said Wednesday that it has clinched a 300 million euro (US$428 million) order to build wind farms in eastern European nations including Poland, Romania, Hungary and Bulgaria.
22-Dec-09
Hungarian Solar Plant (Sanyo) to Nearly Double Production in by 2011

In Europe, the Hungary Factory (Dorog City, Hungary) currently has a production capacity of 165MW and will nearly double it to 315MW by the end of March 2011.

17-Nov-09

(Items 1 to 15)Next

 Projects
Project TitleTechnologyCapacity MWStatusSponsor
Mako Geothermal HeatingGeothermal
planned and financed
Environment and Energy Operative Program/City of Makó
Zalaegerszeg WWTP Biogas to BiodieselBiogas
under construction
DMT Environmental Technology
ENER-G Wastewater Biogas HungaryBiogas4.5
Planned
Ikervár Wind FarmWind24
planned
Iberdrola
Szentlörinc GeothermalGeothermal
under construction
Mannvit Engineering
Miskolc GeothermalGeothermal
under construction
Movar I Wind FarmWind24
operating
Renovalia Energy
Bábolna Wind FarmWind15
financed
Dunaalmás BioethanolEthanol70
funded
National Development and Economy Ministry
Kaba BioethanolEthanol55
funded
National Development and Economy Ministry
Dunaalmas Ethanol PlantEthanol160 M L ethanol
planned
Ethanol Europe
Kaba Ethanol PlantEthanol160M L ethanol
planned
Ethanol Europe
Dunaföldvár Ethanol PlantEthanol200 L ethanol
planned
Ethanol Europe
Aufwind Biogas Plant in Szarvas, HungaryBiogas3.7
planned
Aufwind Neue Energien GmbH
Scott and Csoma wind FarmsWind36 and 38
under construction
Iberdrola Renewables

(Items 1 to 15)Next

Policy/Regulatory
 
Policy NameTechnologySponsor
Emission Credit Trading System;#Biofuels;#Biodiesel;#Ethanol;#Ministry of Agriculture and Land Development
Legislative DatabaseAll RenewablesGerman Federal Ministry for the Environment, Nature Conservation and Nuclear Safety (BMU)
Secretarial StatementWindState Secretary for Energy and Climate Policy in the Ministry of National Economy

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