With its efficient investment plan, NAP Nyrt. aims to become the leading company in the domestic solar power generating sector by the end of 2022. The company’s capacity of 100MW already competes with the conventional fossil power generation.

In order to promote sustainable energy supply, the share of renewable energy in primary energy use is expected to increase from the current 6-9% to close to 20% by 2030. The government’s target is to invest in around 4,500-7,000 MW of new solar power plants by 2030. In Hungary, as of 31 June 2020, the total installed capacity of renewable power plants was 1,996 MW produced by 1,943 plants (source: MAVIR). From this, the installed capacity of solar power plants was 1,137 MW in 1,863 units, with the share of solar power plants in the total renewable KAT system exceeding 67%. In terms of solar power plants, 881 MW is the installed capacity of units with an installed capacity of less than 0.5 MW (78%), and 256 MW is the installed capacity of units with an installed capacity of more than 0.5 MW. In 2019, a total of 554 MW installed capacity was added to the KÁT and METÁR-KÁT systems in the form of 826 new entry units (balancing group members).

Hungary has set a target of at least 21% renewable energy share in gross final energy consumption by 2030, covered largely by solar energy. In the electricity sector, the central element of “greening” is the expansion of solar capacity, which will increase from just under 680 MW in 2016 to nearly 6,500 MW in 2030, and might significantly exceed 10,000 MW by 2040.

By the planned capacity increase, the share of solar energy in gross renewable electricity generation will rise in the next 10 years, reaching 58.3% by 2030 (according to Annex 2-3 of NEKT).

The new National Energy and Climate Plan of Hungary, which was published in January 2020, is the key document of Hungary’s energy policy. It outlines the future of the country’s climate and energy sector until 2030, with a view to 2040, together with other related action plans. The plan promises “clean, smart and affordable” energy supply.

Main objectives:

• focus on the consumers,
• strengthen the security of supply,
• transform the energy sector to become climate-friendly,
• exploit the economic development potential of energy innovation. 

A key focus of Hungary’s energy strategy and National Energy and Climate Plan is renewable energy, which sets ambitious targets for all three sectors concerned: electricity, heating and transport.