Alteo and the Rényi Alfréd Mathematical Research Institute seek to optimize energy consumption and output with a "smart" system based on artificial intelligence in the close to HUF 1 billion project. An electric furnace that can be used to increase the flexibility of the system is part of the project.

The project could contribute to the accelerated rollout of power plants fueled with renewable resources, while improving the stability and secure supply of the electricity system and supporting the establishment of a climate-neutral economy, Alteo said in a press release.