Commercial solar power capacity in Hungary could rise to 2,100 MW by the end of 2018.
Exceeding the capacity of the country’s sole nuclear power plant, the Hungarian Energy and Public Utility Regulatory Authority (MEKH) said, noting that solar power plants operate on average for 1,050-1,200 hours per year in Hungary, generating enough power for 250 households for each half a megawatt of capacity.
In 2015, commercial power generation capacity using renewable resources stood at 837 MW, MEKH said. Hungary introduced a new system of feed-in tariffs for power generators that use renewable resources from the start of this year. Under the system, cost-based prices are paid for power generated using renewable resources, providing an incentive for investments in green energy.