Hungary Advances on Energy Sovereignty with Renewables and Paks II Nuclear Project

Minister for Energy Csaba Lantos has reaffirmed Hungary's commitment to energy independence with ongoing enhancements to the Solar Energy Plus program and the introduction of new incentives for energy storage and community projects. The program has garnered substantial interest, with over 28,000 preliminary registrations and 15,000 applications for support, writes Hungary Today. Currently, Hungary's solar capacity stands at 6,100 megawatts, with expectations for significant expansion through large-scale industrial projects. Amidst concerns about heavy reliance on foreign energy sources, Minister Lantos is optimistic about achieving energy sovereignty, especially with the completion of the Paks II nuclear facility. The Paks II project, an EU-approved venture involving German-American collaboration, is poised to provide more than half of Hungary’s electrical demand by 2030. Lantos underscores the crucial role of blending nuclear power with renewable energy sources to secure a long-term, sustainable energy framework for Hungary.