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Hungary's energy efficiency low in EU comparison

Hungary's energy efficiency is half the European Union average, Economics Minister János Kóka said on Thursday.

Hungary needs over twice as much energy to produce a unit of gross domestic product compared to the rest of the EU; and compared to Denmark, the gap is six-fold, said Kóka. The government aims to raise the efficiency of energy consumption by 3.5% a year. This means that if GDP increases by 4.5%, energy consumption must only go up by 1%, Kóka said. The minister announced two tenders for non-refundable central support. Bidding individuals could win a total Ft 880 million (€3.31 million), for reducing household energy consumption. Another Ft 183 million (€688,000) will be laid aside for bidders with plans to expand the use of renewable energy resources.