Hungary: Savings in the new system of feed-in tariffs

2. July 2015. / SEE Energy News

Sales volume within the system of feed-in tariffs for renewable energy rose by nearly 30 percent over last year. Introducing the new operating model enabled the realization of cost savings of 16 MEUR, announced the Hungarian Energy Regulatory Agency (Mekhi).

In accordance with the report for the last year, 2,014 GWh of electricity was sold in the framework of the prepared feed-in tariffs system for supporting qualified producers, of which 2,392 GWh was produced from renewable sources.

This increase has been mainly the result of the fact that they returned with feed-in tariffs for power plants using mixed fuel, but also thanks to new actors in the system – new solar power plants.

The agency reminds that the feed-in tariff model was changed from January 1st, 2014th. The essence of the model changes is reflected in the fact that producers eligible to get feed-in tariffs sell electricity on the organized day-ahead market (HUPX). As a result, a sale planned on a daily basis, instead of on a monthly basis, increases the design accuracy and reduces the need for balancing energy.

Renewable energy sources are not only essential for the implementation of international goals of sustainability and protection of the climate change, but also for the economic development of Hungary. These resources can be an important instrument of regional development, creating new jobs, increasing the sustainability and establishment of sustainable development, said in MEKH statement. , transmits Serbia-energy.eu

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