Hungary to Reopen Household Applications for Feed-in Tariff

Green Energy

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Hungary will lift a suspension of household applications to join a feed-in tariff scheme from January 1, 2024, Energy Affairs Minister Csaba Lantos told a conference organized by Portfolio.hu on Thursday.

The suspension - introduced late in 2022, after home solar panel volume outpaced power grid capacity - will be lifted for 93% of grid reach, affecting 84pc of consumers, Lantos said. The measure was made possible by investments in grid developments, he added.

Lantos also announced the launch, from the start of next year, of a tender for HUF 75 billion in subsidies for home solar panels combined with battery storage. The funding will cover 65% of investment cost, he added.

Hungary's solar energy capacity now stands over 5,200 MW, including 3,200 MW at solar parks and 2,080 MW from household solar panels, Lantos said. By 2030, the ministry expects capacity to reach 10-12 GW, he added.

Lantos said Hungary's gas stores are 97% full, a new record, ensuring energy supply and affordable prices during the heating season.

He noted that gas and consumption in Hungary in January-June had fallen 18% from the same period a year earlier.

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