Supported byClarion Energy
HomeSEE Energy NewsHungary, MVM’s electricity...

Hungary, MVM’s electricity distribution companies to boost their networks’ RES capacities

Electricity distributors operating under the Hungarian state-owned MVM – Demasz and Emasz presented projects for the increase of the capacity of their distribution networks in order to connect some 700 MW of new, renewable energy capacity.

Hungary’s State Secretary for Energy Attila Steiner said that the projects are getting around 85 million euros in support from some 250 million euros earmarked for upgrades by electricity distributors and transmission system operator MAVIR to increase network capacity for electricity produced from renewables. That funding is to come from Hungary’s Recovery and Resilience Facility (RRF) plan, but the Government has decided to pre- finance projects, while talks with Brussels are still ongoing.

The projects will boost MVM Demasz’s capacity for electricity generated from solar by at least 456 MW and MVM Emasz’s by at least 238 MW by the spring of 2026. The two distributors together have about a third of the market’s share in Hungary.

Hungarian Government recently decided to suspend new household applications to join the country’s feed-in tariff scheme after home solar panel volume outpaced network capacity. The suspension will be lifted when the necessary network upgrades are made.

Supported byClarion Owners Engineers
Supported byspot_img
Supported byspot_img

Latest News

Supported byspot_img
Supported bySEE Energy News

Related News

Paks nuclear output cuts linked to low wholesale prices amid Hungary’s solar growth

Hungary’s Paks nuclear plant has reduced generation again after electricity could not be sold economically during low-price hours. The latest curtailment reflects how rising solar output is affecting the country’s baseload market profile. Paks curtailment during low-price hours Paks cut...

Hungary granted temporary EU delay on Serbia gas capacity bundling rules

Hungary has received temporary approval from the European Commission to postpone full implementation of EU gas-capacity rules at its border with Serbia until the 2027/2028 gas year. The derogation relates to requirements that cross-border pipeline capacity be offered as...

MVM begins foundations for 1 GW combined-cycle plant at Tiszaujvaros

Hungarian state-owned utility MVM has started foundation work on a new 1,000 MW combined-cycle gas-fired power plant at the former Tisza II site in Tiszaujvaros. The project is part of Hungary’s broader shift in generation needs as variable renewables...
Supported byVirtu Energy