Bábolna Establishing Hungary's 1st Energy Community

Initiatives

Hungary's first energy community, capable of operation and officially registered, is being set up in the town of Bábolna (90 km northwest of Budapest), Mayor Klára Horváth announced yesterday, according to novekedes.hu.

The energy community, a legal entity that focuses on social and environmental benefits, will include 60 households with solar panels, local council institutions with solar panels, a 340 kW solar park owned by IKR, a vehicle-to-grid (V2G) electric bus charger and a 50 kW gas engine powered by methane from the local spa, Horváth said.

The energy community, with a capacity of 1.5 MW, will sell its electricity to poultry processor OSI Food Solutions, she added. Bábolna is complementing the community with a 100 kW battery storage unit to smooth out differences in supply and demand.

The consortium led by the local council has won HUF 300 million in funding to install solar panels and make investments to ensure the energy community's smooth operation.

MNB Business Confidence Index Slips in March MNB

MNB Business Confidence Index Slips in March

Chinese President to Visit Budapest in May Visits

Chinese President to Visit Budapest in May

Richter Shareholders Approve HUF 423/Share Dividend Pharma

Richter Shareholders Approve HUF 423/Share Dividend

Liz & Chain Rooftop Bar Debuts Sustainable Cocktails Drinks

Liz & Chain Rooftop Bar Debuts Sustainable Cocktails

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.