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Hungary large-scale battery energy storage project

Hungarian authorities launched the tender for grid-scale batteries on January 15 and received offers until February 5. The winning bidders were selected a few days ago. They are set to install around fifty energy storage facilities, the Hungarian Ministry of Energy said.
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hungary Archives

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Large-Scale Battery Storage System to Be Built

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About Hungary large-scale battery energy storage project

About Hungary large-scale battery energy storage project

Hungarian authorities launched the tender for grid-scale batteries on January 15 and received offers until February 5. The winning bidders were selected a few days ago. They are set to install around fifty energy storage facilities, the Hungarian Ministry of Energy said.

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6 FAQs about [Hungary large-scale battery energy storage project]

How much does Hungarian government spend on energy storage projects?

The Hungarian government has allocated HUF 62 billion (EUR 158 million) for energy storage projects with an overall 440 MW in operating power. Hungarian authorities launched the tender for grid-scale batteries on January 15 and received offers until February 5. The winning bidders were selected a few days ago.

Where will Hungary's largest energy storage system be built?

With funds obtained through a previous program, transmission system operator MAVIR is already building the country's largest energy storage system – a 20 MW project in Szolnok, central Hungary, the ministry said. It added that several projects with even bigger capacity will be installed under the tender concluded a few days ago.

How much does a new energy storage battery cost in Hungary?

According to portfolio.hu, the project is estimated to cost HUF 8.5 billion (EUR 21 million), with a capacity of 60 MWh. Currently, Hungary’s entire energy storage capacity stands at 30 MW. The new storage battery is set to be operational by 2025, making it easier and more cost-effective to store renewable energy.

Who will build Hungary's largest energy storage facility in Szolnok?

Forest Vill Ltd. will build Hungary’s largest energy storage facility in Szolnok on behalf of MAVIR Ltd. The Budaörs-based company will design and fully implement a 20 megawatt energy storage facility with a capacity of 60 megawatt-hours as part of the HUF 8.5 billion project.

Will Hungarian energy storage projects get subsidy support?

The Hungarian Ministry of Energy has announced that around 50 grid-scale energy storage projects with a cumulative capacity of 440 MW have received subsidy support through a tender launched in February this year.

Will Hungary support large-scale energy storage projects?

The European Commission has approved a €1.1 billion scheme from the government of Hungary to support large-scale energy storage projects.

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