Romania: EIB invests 30...

The European Investment Bank (EIB) is allocating up to 30 million euros to...

Montenegro: EPCG announces tender...

Montenegrin state-owned power utility EPCG has launched a tender for the procurement of...

Bosnia and Herzegovina: HPP...

As part of the ongoing construction of the Dabar hydropower plant, planned work...

Bosnia and Herzegovina: FBiH...

The Government of the Federation of Bosnia and Herzegovina (FBiH) has proposed a...
Supported byClarion Energy banner
HomeSEE Energy NewsHungary refused to...

Hungary refused to join the European Wind Charter

All EU countries except Hungary have signed a joint declaration to protect the European wind industry from “unfair trading practices” by Chinese manufacturers, Euractiv reports.

While European wind turbine manufacturers are not in a good position, Chinese manufacturers are getting stronger every year. Although no Chinese wind turbines have yet been installed in Europe, most EU Member States now fear that China could dominate the global market in the future. “While the wind power sector is historically an EU success story, it faces a set of challenges,” the charter reads. The two-page document refers to the wind power package put forward in October by the European Commission.

The 26 countries that signed the declaration pledged to “ensure a sufficient, robust and predictable pipeline for the deployment of wind energy (…) covering at least the period 2024-2026.” The ultimate goal is to “promote the production of high-quality wind turbines with high environmental, innovation, cybersecurity and labour standards,” by changing national auction systems for wind power capacity.

Wind power developers compete for electricity supply contracts on the price of the electricity they offer, and the cheapest bid usually wins. These competitions usually favour developers who buy cheaper turbines made in China, which is why the industry is lobbying hard to change the system. According to the charter, the EU will now opt for “well-designed, objective, transparent, non-discriminatory non-price pre-qualification or award criteria,” that favour European bidders.

In the context of Hungary being the only country not to have signed the declaration, Politico points out that Prime Minister Viktor Orbán has previously said that the government “shall not accept any kind of external ideological pressure” and will always follow national interests.

Foreign Minister Péter Szijjártó has also previously commented on economic cooperation with China, stressing that “the entire European economic community should choose the path of civilized cooperation with the People’s Republic of China instead of hostility.” Chinese investment in Hungary, such as the battery factory in Debrecen (eastern Hungary), is a matter of concern for the European Commission, and as Politico indicates, the government’s refusal to sign the declaration is also a clear refusal to loosen its relations with China.

Supported byOwner's Engineer banner

Recent News

Supported byspot_img
Supported byspot_img

Latest News

Supported byspot_img
Supported bySEE Energy News

Related News

Romania: EIB invests 30 million euros in Pestera II wind farm to boost renewable energy and energy security

The European Investment Bank (EIB) is allocating up to 30 million euros to support a major wind energy project in Romania, reinforcing the country’s transition to renewable energy and bolstering its energy independence. This investment will help develop a...

Montenegro: EPCG announces tender for solar panels in Kapino Polje L1 power plant expansion

Montenegrin state-owned power utility EPCG has launched a tender for the procurement of solar panels for the Kapino Polje L1 solar power plant near Nikšić. The project involves the acquisition of 8,625 photovoltaic modules, each with a capacity of...

Bosnia and Herzegovina: HPP Dabar construction advances with 66 million euros planned for 2025 and strong power output for RS

As part of the ongoing construction of the Dabar hydropower plant, planned work for this year is valued at 66 million euros. Danilo Ilic, the director of the project company, explained that current activities include construction on the power...
Supported bySEE Mining News
error: Content is protected !!