HIP GREEN INDUSTRY

 

Introduction to the Hungarian energy market

MAIN INDICATORS INVESTORS

  • Fully liberalized energy market
  • Competitive energy prices
  • Competitive investment environment
  • Favourable implementation costs
  • Implementation of single energy market currently in progress in the EU
  • Constant dynamic development of the sector
  • Government high priority focus sector
  • Government commitment in the areas of sustainability and energy efficiency
  • Ambitious renewable target (13% by 2020) – active area, regarding regulation, state support, technological innovations and investment opportunity
  • Feed-in-tariff system for renewable energy sources
  • Expected growth in energy consumption

Sectorial Overview

Projects - Short overviews Overall budget Status
Vertical axis small wind turbine 850 000 EUR ACTIVE
MySun solar system (MySun Parabola) 1.3 M EUR ACTIVE
EWR Hungary 7.4 M EUR ACTIVE
Geothermal district heating in the city town of Mosonmagyarovar 8.7 M EUR ACTIVE
Geothermal district heating in the city town of Kiskunhalas 9 M EUR ACTIVE
Venterfor Windfarm Project 27.7 M EUR ACTIVE
Geothermal district heating in the city of Kecskemét 30.4 M EUR ACTIVE
TCG System based power plant 82 M EUR ACTIVE
3BIO - Bioethanol, Biogas and Biomass plant 112 M EUR ACTIVE
South Hungarian enhanced geothermal system (EGS) demonstration project 116 M EUR ACTIVE
ALL Projects
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End of life tyre recycling 45,6 M EUR SOLD

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