Article Side

Online Article Directory!

Hello Guest! Login or Register to submit articles!

IntelliNews - Hungary Renewable Energy Report

By Bharatbook Subscribe to RSS | April 2nd 2012 | Views:
loading
 
  



The IntelliNews Hungary Renewable Energy Report offers an extensive summary of the renewable energy market in Hungary segmented into wind, solar, biomass, hydropower and geothermal energy. It includes a complete coverage of the latest developments and corporate and industry news, accompanied by thorough statistics and comments. This sector report is ideal to keep you abreast on recent company and industry news. Written by local professionals, it is a unique market and business intelligence analysis, tailored to save time by providing in-depth information, while helping you to make confident and informed business decisions.

Summary

Countries in central and south-eastern Europe are continuing to pursue their strategy to boost the share of energy from renewable sources in overall consumption as a way to diversify their power mixes and reduce dependence on fossil fuels. So far, geographic and weather specifics have been the main factors that determine the sectors that have priority for each individual state.

Hungary aims to raise the share of renewable energy in its energy mix to 14.65% by 2020, reducing its dependence on nuclear power and Russian natural gas. In 2009, some 7.3% of the energy used in Hungary came from renewable resources thanks mainly to biomass that made up some 80% of the country’s renewable energy output. The underdevelopment of other renewable energy sources stems from the fact that there has been a strong opposition to the state subsidising producers for expensive green power. Green electricity production in Hungary at end-2010, however, is projected to nearly triple to 7,790GWh by 2020. http://www.bharatbook.com/market-research-reports/alternative-sources-market-research-report/intellinews-hungary-renewable-energy-report.html

The government plans to introduce new scheme for supporting renewable energy projects that will set feed-in tariffs and guarantee 15-year subsidies. At present, insufficient grid capacity, high connection costs and complicated permitting process represent the main obstacles for green energy development in Hungary. Industry Analysis

Although the lower wind speed in most of Hungary limits the wind energy development prospective, the introduction of feed-in tariff is anticipated to support ongoing projects in the northwest, where weather conditions are suitable. The country is expected to triple its end-2010 installed wind capacity to 900MW in 2020.

Hungary had an installed solar capacity of only 1.6MW at end-2010 due to the current low feed-in tariffs that are almost equal to average electricity prices. The usage of photovoltaic systems for local energy supply is expected to significantly develop, helped by the government.

Since it is one of the less mountainous states in central Europe, Hungary has a limited hydroelectric potential. Its 31 hydropower plants have a combined installed capacity of 55MW. The country plans to build more small plants, raising its overall hydroelectric capacity to 66MW until 2020.

For more information kindly visit :

IntelliNews - Hungary Renewable Energy Report

Or

Bharat Book Bureau

Tel: +91 22 27810772 / 27810773

Fax: + 91 22 27812290

Email: info@bharatbook.com

Website: www.bharatbook.com

Follow us on twitter: http://twitter.com/#!/Sandhya3B

Bharatbook - About Author:
Bharat Book Bureau, the leading market research information aggregator provides market research reports, company profiles, country reports, newsletters, and online databases for the past twenty four years to corporate, consulting firms, academic institutions, government departments, agencies etc., globally, including India. Our market research reports help global companies to know different market before starting up business / expanding in different countries across the world.

Share on Facebook Tweet It Stumbleupon this post This post is delicious !

Article Source:
http://www.articleside.com/business-articles/intellinews-hungary-renewable-energy-report.htm

Related Business Articles Subscribe to RSS

If you’re in the market for folding patio doors of superlative quality then you need only consult Shaws Joinery
Published by on July 18th 2012 | Business
We have crafted folding patio doors, and indeed all manner of bespoke joinery solutions, for custome...
 
Varieties of Air conditioning installation Perth available in market
Published by Customisedair on March 7th 2012 | Business
Modern technologies & inventions have changed our life completely. Today all the accessories we are ...
 
Buy airplane parts needs proper research
Published by Uhdakota on April 23rd 2012 | Business
Dakota's job is to explore and find out rare or unavailable to Buy airplane parts for older aircraft...
 
How to know the market value of your Used Heavy Truck?
Published by Liza on January 15th 2012 | Business
If you are considering trading in your used dump truck or used heavy truck, you may want to do your ...
 
What can consumers do to get the best rates on the market?
Published by Sean Burke on May 4th 2012 | Business
The importance of comparing prices to find the best deals....
 
Public opinion research helps in gathering a huge public opinion
Published by Snooozy on December 14th 2011 | Business

Research is very crucial as they assist in gathering Public opinion research regarding a particu...
 
The market is flooded with varieties of eye glasses
Published by Tom Hag on January 5th 2012 | Business
Looking for something which will revamp your style? Then you should check out designer eyeglasses in...
 
The international situation and the labour market
Published by Amd on December 23rd 2011 | Business
Se intrevede ca sfarsitul de an vine cu ceva tulburari de ape in zona economica. Dupa un an 2011 in ...
 
Get success in stock market with Stock Market Browser
Published by William Jackson on July 30th 2012 | Business
Stock Market Browser has come up as a beneficial and ideal tool that is capable of taking an instant...
 
Learn about currency trading market
Published by Jane Cyrus on April 14th 2012 | Business
FX market is the biggest trade market of the world where profits in high amount can be earned....
 
Tariq and sons leading brand in Adhesive market of Pakistan
Published by Tariq And Sons on December 23rd 2011 | Business
I am saying their own field because as each one of them possess separate quality, which is the main ...
 
Strategic Sourcing Pursuits Need More Proper care Simply because of the Volatile Home market
Published by Alcott Bailey on June 11th 2012 | Business
By way of present day unstable economic, reputable companies have been compelled to choose very much...
 
Undertaking an Extensive China market research
Published by Frank Joseph on July 6th 2012 | Business
Exporting to the market of China is one of the most feasible alternatives for any business owner hun...
 
Signal generators are very beneficial in research
Published by Bncscientific on June 5th 2012 | Business
Popularly known as function generators, signal generators are instruments used for producing electro...
 
Expanding Your Business to China’s market
Published by Frank Joseph on July 6th 2012 | Business
Expanding your business to China’s market gives you the task of altering your approaches and strat...
 
Full color labels enhance the market value of your products
Published by John Davis on January 4th 2012 | Business
PrintingBlue has been a leading online printing company over the years. They have been providing com...
 
From consumers to specialists: agricommodity market information for everyone.
Published by Samuel Arthur on January 18th 2012 | Business
As consumers, we are often aware when there are price changes in the products we buy....
 
PVC Pipes market in India 2012
Published by Bharatbook on June 6th 2012 | Business
Bharatbook added a new report on "PVC Pipes market in India 2012" which gives an overview, Demand, ...
 
Developing the market of the FRP products.
Published by Mayank Gandhi on March 28th 2012 | Business
classicfibreglassindustries.com: FRP products it is soon known as, the content comes in a cost-effec...
 
Methods of making money in FX market
Published by Jane Cyrus on March 26th 2012 | Business
Foreign exchange is estimating the value of one currency in comparison with other currency which can...