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Policies

Climate and Nature Protection Action Plan - RES support

Source: International Energy Agency
Last updated: 19 July 2021

As part of its Climate and Nature Protection Action Plan, Hungary will demand from multinationals to use environmentally-friendly technologies, and at the same time provide HUF 32 billion in support to renewable energy production by small-medium enterprises (SMEs).

 

By investing in local renewable energy, the Government will make energy consumption cleaner while strengthening the energy independence of SMEs. The fund will support the full/partial replacement of their energy supply with local renewable sources, and help improve their competitiveness.

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