Announcement
21 Jun 2023
In June 2023, the European Commission approved a Hungarian state aid scheme to support renewable energy projects with an aim to transition to a net-zero economy.
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Number of interventions
2
2 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
21 Jun 2023
Revocation date:
31 Dec 2025
Updated: 21 Jun 2023
Financial grant
On 21 June 2023, the European Commission approved a HUF 108.6 billion (approx. USD 322 million) investment grant scheme by Hungary. The grants will be provided to electricity storage operators for ext...
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Updated: 21 Jun 2023
Price stabilisation
On 21 June 2023, the European Commission approved a HUF 329 billion (USD 9.76 billion) annual operational support grant scheme by Hungary. The support takes the form of feed-in-tariffs to electricity ...
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