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Conditions “Particularly Favorable” for Geothermal Energy

MTI-Hungary Today 2024.12.16.

Hungary aims to expand its use of geothermal energy, leveraging favorable conditions and European Union policies, Energy Minister Csaba Lantos announced in Brussels during the Transport, Telecommunications, and Energy Council meeting.

The minister highlighted the sustainable and reliable nature of geothermal energy, contrasting it with weather-dependent alternatives. He noted that six percent of Hungary’s energy currently comes from geothermal sources, and the government hopes to double this share within a decade.

Hungarian conditions are particularly favorable for geothermal energy,” Mr. Lantos emphasized, adding that greater EU collaboration could significantly enhance the country’s capacity.

The politician also addressed broader energy challenges, warning of volatile energy prices across Europe. The council, which included discussions on the EU’s energy policies and the promotion of geothermal energy, featured a report by Fatih Birol, Executive Director of the International Energy Agency.

As Hungary Today earlier reported, Hungary has already made strides in geothermal energy, with Szeged (southern Hungary) operating the largest geothermal heating system in the EU. The project replaced natural gas use in 27 district heating systems, contributing to emissions reduction. However, the industry faces hurdles, including high drilling costs and regulatory issues.

Csaba Lantos noted that state involvement is essential to overcome these barriers and realize Hungary’s geothermal potential fully.

Geothermal energy’s importance in Hungary reflects both its renewable energy goals and its commitment to achieving energy security amid global challenges. The government’s proactive engagement with EU policies and its focus on investment in this sector indicate a promising future for geothermal expansion.

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Via MTI; Featured Image: Pixabay


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