Official: Hungary to Rank 4th Globally in Green Energy Storage by 2030

  • 3 Apr 2024 8:27 AM
  • Hungary Matters
Official: Hungary to Rank 4th Globally in Green Energy Storage by 2030
Hungary is set to have the largest green energy storage capacity in the world by 2030, after China, the US and Germany, a government official said, also noting that its climate protection plan announced in 2020 set the goal of producing 90% of the country’s electricity from green, carbon dioxide-neutral sources by 2030.

“We’ve now got to the point that solar panel capacities planned for 2030 will be completed in 2024,” László György, the government commissioner for professional cooperation in economic strategic tasks, told a press conference in Nyíregyháza, in eastern Hungary.

Various schemes have been launched to increase energy storage capacity and promote the green transition, he said, noting 75 billion forints-worth of subsidies for households and 30 billion forints available for businesses for purchasing electric cars, among other programmes.

Referring to a public survey on green energy consultation the government launched recently, he said the 13-question online questionnaires can be completed by April 15.

The government wants to know whether citizens support Hungary “being the leader of the energy revolution” and whether energy should be produced in an environmentally friendly way.

It also wants to understand attitudes to “the domestic production and development of energy storage systems” and whether homes “should be linked to this green system”, he said.

You're very welcome to comment, discuss and enjoy more stories, via our Facebook page: + via XpatLoop’s groups: Budapest Expats / Expats Hungary

You can subscribe to our newsletter here:

Do you want your business to reach tens of thousands of potential high-value expat customers?
Then just contact us here!

  • How does this content make you feel?

XpatLoop Media Partner

Hungary Matters

Launched in January 2014, this newsletter published on week days covers 'everything you need to know about what’s going on in Hungary and beyond', according to its publisher the state media agency MTI.

Explore More Reports