in Hungary - Hungarian Investment and Trade Agency
in Hungary - Hungarian Investment and Trade Agency
in Hungary - Hungarian Investment and Trade Agency
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enewaBle energy ArAb – HungAriAn Economic Forum – 2012 Budapest<br />
Introduction<br />
Reasons to <strong>in</strong>vest <strong>in</strong> HungaRy<br />
• <strong>Hungary</strong> receives as much as 2,200 hours of sunsh<strong>in</strong>e a year<br />
• Regard<strong>in</strong>g geothermal energy, the geothermal gradient <strong>in</strong> <strong>Hungary</strong> is<br />
almost one <strong>and</strong> a half times as high as the world average, <strong>and</strong> represents<br />
one of the country’s natural treasures<br />
• <strong>Hungary</strong>’s renewable energy potential is more than 2200 PJ/year<br />
• <strong>Hungary</strong>’s photovoltaic potential is about 480 billion kWh<br />
(based on poten tially <strong>in</strong>stallable solar modules)<br />
• <strong>Hungary</strong> is among the top five high-tech exporters <strong>in</strong> Europe<br />
Why <strong>Hungary</strong>?<br />
• Significant resources <strong>and</strong> unused capacity, with extensive <strong>in</strong>vestment<br />
opportunities<br />
• “Made <strong>in</strong> EU” tag<br />
• Logistics hub: excellent transport system<br />
• Highly skilled, <strong>in</strong>novative labour force, with an exceptional cost/quality<br />
ratio<br />
• World-class quality of life<br />
• Tailor-made <strong>in</strong>centive system<br />
• Well-developed <strong>in</strong>frastructure<br />
• Emerg<strong>in</strong>g renewable energy market<br />
• Renewable energy is a preferred <strong>and</strong> supported sector of the government<br />
• Over 200 <strong>in</strong>dustrial <strong>and</strong> technology parks of <strong>in</strong>ternational quality available<br />
for green <strong>and</strong> brown field developments<br />
oveRview<br />
SoLAr EnErgY <strong>in</strong> HungArY<br />
There is notable solar potential <strong>in</strong> <strong>Hungary</strong>, currently however only a limited<br />
amount of solar capacity has been constructed. The 1 MW output of<br />
<strong>in</strong>stalled PV-systems <strong>in</strong> <strong>Hungary</strong>, means that there is still a lot of room for
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