Hungary will require an additional 9,000MW of power plant capacity by 2025 to meet growing demand, Hatvani said. Hungary’s power plant capacity was 8,925MW at the end of 2007. Hatvani warned, that Hungary’s coal- and lignite-fueled power plants are no longer profitable because of CO2 quotas, and the average age of the country’s power plants is more than 20 years. The average lifespan of a power plant is 25 years.
Jacques Pithois, CEO of EdF-owned electricity distributor Démász, said integrated power companies are the most efficient measure against global warming. Ferenc Bohoczky, a former advisor at the Economy Ministry, said biomass and geothermal energy have great promise in Hungary. He said that while Hungary’s forests expand an annual 4% in volume terms, just 2% is cut down. He noted that a law requiring geothermal water to be replaced poses a problem for the geothermal power industry. (MTI-Econews)
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