Hungarian energy storage business

4 FAQs about [Hungarian energy storage business]

What is Hungary''s Energy Strategy?

Hungary''s energy strategy is based on two pillars, nuclear and renewable energy. The four blocks of Hungary''s only nuclear power plant have a combined capacity of 2,000 megawatts (MW). Hungary is expanding the Paks power plant with two new blocks adding 1,200 MW each.

How much of Hungary''s energy consumption should come from res?

Under Hungary’s National Action Plan for the Utilisation of Renewable Energy 2010-2020 (NAP), 14.65% of Hungary’s primary energy consumption by 2020 should come from RES. This target is more ambitious than the commitment made by Hungary under the RES Directive 4 , which was 13%.

What percentage of Hungary''s consumption is in storage facilities?

FM Szijjártó recently stated that 28.5 percent of Hungary’s total annual consumption is in the country’s storage facilities. This does not look good considering that roughly two-thirds of Hungary’s consumption, 6 bcm, occurs in the period between November and March. Holoda, however, interprets the situation differently.

How met group contributes to the energy transition in Hungary?

On site at the Dunamenti Power Station in Százhalombatta, MET already installed a 4 MW / 8 MWh demonstrator plant based on Tesla Megapack 2 batteries in 2022. With this latest BESS plant which went into operation today, MET Group and the Dunamenti Power Station are further strengthening their contribution to the energy transition in Hungary.

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