Gov't to subsidize renewable energy with Ft 22 bln in 2006


The state will subsidize renewable energy use with Ft 22 billion in 2006, equivalent to Ft 0.6 per kWh, deputy undersecretary at the ministry of Economy and Transport György Hatvani told a conference on alternative energy on Friday.

A strategy which aims to boost the amount of energy from renewable resources in Hungary from 5.2% of the total to 8.2% by 2010 will soon come before parliament, Hatvani said. Most of the increase is expected to come from biofuels, including wood biomass. Within the next decade, the use of renewable energy resources could increase 60%, rising by the same amount as global energy consumption, which would mean renewable energy's proportion of total energy use would remain unchanged around 14%. Of this amount, 10 percentage points come from hydroelectric power, wood biomass and other biomass.


Croatia inflation steady in May Figures

Croatia inflation steady in May

Lawmakers approve 2022 budget Parliament

Lawmakers approve 2022 budget

Duncan Graham reelected as BCCH president Appointments

Duncan Graham reelected as BCCH president

Budapest launches revamped coupon card for visitors City

Budapest launches revamped coupon card for visitors


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