E.ON Inaugurates HUF 2.2 Bn Grid Station

The electricty and gas supply company E.ON Hungaria inaugurated a HUF 2.2 billion grid station in Veszprémvarsány (W Hungary) on Tuesday.

The station was built in the framework of Danube InGrid, a cross-border European Union project, said deputy state secretary of the Energy Ministry Márk Alföldy-Boruss. He said the development was helping Hungary move closer to the ambitious goal of achieving carbon neutrality.

He noted that the share of renewable energy in Hungary's electricity production is around 25% compared to 6pc ten years ago. The share of imports in electricity consumption fell to 25% from one-third, thanks, in part, to photovoltaic power plants, he added.

Balázs Lehoczki, CEO of E.ON Észak-Dunántúli Áramhálózati Plc. (E.ON's North-Transdanubian electricity grid company), said the aim is to create a flexible, future-proof and intelligent power grid that will allow the installation of more renewable energy sources and serve ever-growing energy needs.