Hungary could start accepting household applications to join the country’s feed-in tariff scheme again “as soon as this year,” Minister of Energy Affairs Csaba Lantos said in an interview published in the latest issue of weekly Mandiner.
Hungary FIT
The number of Hungarian homes with solar panels participating in a feed-in tariff scheme rose 49% to 88,112 last year, data from the Hungarian Energy and Public Utilities Regulatory Office (MEKH) show.
With these licences, five of the plants will get a feed-in tariff (FiT) of HUF 33,360 (USD 108.4/EUR 96.7) per MWh for 15 years and 5 months, while the other five will be entitled to the same tariff for 17 years and 11 months.
The program, which has an annual budget of HUF 45 billion (approximately €146 million), includes a new feed-in tariff mechanism for renewable energy power generators up to 500 kW, a premium tariff mechanism for projects ranging in size from 500 kW to 1 MW, and an auction scheme large-scale projects exceeding 1 MW.
