Hungary talks on activities to become carbon neutral

Oil&Gas Materials 1 November 2021 11:50 (UTC +04:00)

BAKU, Azerbaijan, Nov.1

By Leman Zeynalova – Trend:

Hungary plans to increase the share of carbon-neutral domestic electricity generation to 90 percent by 2030, and to achieve carbon neutrality by 2050 in line with EU targets, Hungarian embassy in Azerbaijan told Trend.

“However, the costs of carbon neutrality should be borne by the ones responsible for the current situation in the first place: by the largest polluters, companies and countries alike. We must ensure that the transition does not increase the costs for families,” said the diplomatic mission.

The Hungarian renewable electricity portfolio is Solar-heavy.

“Concerning electricity generation from renewable sources, solar power has an ever-growing share of 4 percent, wind is currently at 2,1 percent, while hydropower is stable at 0,6 percent.

We continue to rely on nuclear energy (47,8 percent) as the most important decarbonised source for electricity generation.

Total domestic solar PV capacity now exceeds 2000 MW, a huge improvement from 2 MW ten years ago. New solar plants are being built almost all over the country,” the embassy said.


Follow the author on Twitter: @Lyaman_Zeyn