Hungary needs 4,000 MW of new power capacity in 15 years
MAVIR, the Hungarian transmission system operator (TSO), estimates that at least 4,000 MW of new power plant capacity will need to be built in the coming 15 years, state news wire MTI reported.
MAVIR said most of the capacity would be necessary to replace power plants that reach the end of their lifespans, as it calculates that electricity consumption will rise at a rate equivalent to only 50-60% of annual GDP growth.
Big power plants in Hungary had a nominal capacity of 6,996 MW at the end of 2017. Small power plantsʼ capacity stood at 1,621 MW.
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.