Hungary extends renewable project deadlines

  • : Electricity
  • 20/08/07

Hungarian energy market regulator Mekh has extended the commissioning deadlines for certain smaller projects under construction in the country's renewable support scheme because of potential delays caused by the Covid-19 pandemic.

The new deadline is the end of 2020 for those projects that were originally required to start production or commercial operations between 11 March and 30 September 2020. And those projects required to launch production or commercial operation between 1 October 2020 and 30 June 2021 received a three-month extension.

The extension only applies to ongoing developments entitled to receive future feed-in tariffs or green premiums without a tender. Developers do not need to apply for the extension, as it is granted automatically to all affected projects.

Mekh said it decided to lengthen the deadlines as the pandemic "also put the implementation of renewable projects in a difficult situation".


Related news posts

Argus illuminates the markets by putting a lens on the areas that matter most to you. The market news and commentary we publish reveals vital insights that enable you to make stronger, well-informed decisions. Explore a selection of news stories related to this one.

Business intelligence reports

Get concise, trustworthy and unbiased analysis of the latest trends and developments in oil and energy markets. These reports are specially created for decision makers who don’t have time to track markets day-by-day, minute-by-minute.

Learn more