BESS energy storage prices in Hungary

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.

Is Hungary stocking up on battery backup?

Hungary isn’t alone in stocking up on battery backup as it charts its green energy path. In neighbouring Bulgaria, a massive 124 MW/496 MWh battery energy storage system went live in Lovech earlier this year.

Will MAVIR's new support scheme boost electricity storage in Hungary?

Due to recent changes to Mavir’s operational code, the transition of granted grid connections from photovoltaic power production to BESS projects will be allowed. This new support scheme is expected to provide a necessary boost to electricity storage in Hungary.

What does Bess stand for?

A recent legislative act in Hungary laid down the principles for the eagerly awaited battery energy storage systems (BESS) support scheme. The incentives follow well-known patterns similar to those already available for solar projects.

What is a Bess project?

Based on Government Decree 382/2023 (VIII 14) of Hungary, the approach to electricity production and consumption from renewable energy sources has taken a new turn: BESS projects are now among those investments the government intends to support with financial incentives.

Is MAVIR building a 20 MW energy storage system in Hungary?

With funds obtained within a previous program, the country’s transmission system operator MAVIR is already building a 20 MW energy storage system in Szolnok in central Hungary, the ministry noted.