What is the largest solar project in Hungary?

The Hungarian Electricity Works (MVM) energy group constructed it, funding 65% of it and utilizing EU subsidies to cover the remainder. Like Kapuvár Solar Park, Paks Solar Park took the title of the largest solar project in Hungary during its establishment in 2019. Annually it is capable of providing electricity for roughly 8,500 homes.

Is solar power a viable option in Hungary?

Solar power has unique potential in Hungary, where 1950 – 2150 sunny hours offer the potential for 1,200 kWh/m2 per year, greater than numerous other European nations. Other renewable energy solutions, like hydroelectric power, are less viable in the area.

How big is a power plant in Hungary?

As a pioneering approach in Hungary, we have been focusing on installed power plant capacities up to 50 MW since 2017, which is much larger than the average Hungarian project size today (the most typical project size is still in the range of 0.5 MW).

Are Hungarian power plants a security issue?

The consequences of the above-mentioned two tendencies – i.e. the aging of the Hungarian power plant portfolio and the increase in electricity demand – may even raise security of supply issues, unless the development of utility-scale power plants gains a momentum in the near future.

What is the rate of growth in electricity consumption in Hungary?

The rate of growth in electricity consumption in Hungary is accurately indicated by the data of MAVIR Zrt. (MAVIR Hungarian Independent Transmission Operator Company Ltd.), according to which domestic electricity consumption increased by 2.6 percent in the first quarter, even before the pandemic, compared to the same period of the previous year.

How many MW does Hungarian electricity have?

Meanwhile, it is also apparent that more than 10,000 MW of installed capacity operated in the Hungarian electricity system around 2010, which decreased to 8,900 MW by the end of 2019.