State-owned energy company MVM inaugurated a HUF 10.4 billion, 57MWh battery energy storage unit at a gas-turbine power plant in Ajka (W Hungary) on Monday, MTI reports.
The investment was supported by HUF 3.8 billion in grant money from the European Union.
MVM CEO Karoly Matrai said heatwaves like the present one point to the importance of energy storage capacities and gas-turbine power plants as these increase the flexibility of the electricity grid. During periods when electricity is more expensive, the capacity of the storage facilities can be utilized while gas turbine power plants can be brought online quickly.
Deputy CEO Csaba Kiss said the investment is part of MVM's green transition strategy, contributing to flexible and sustainable energy production.
He emphasized that the Ajka investment, as part of the group’s green transition strategy, contributes to ensuring long-term, flexible, and sustainable production. He noted that a hybrid power plant similar to the one in Ajka was recently commissioned in Sopronkövesd, where storage capacity was built alongside a wind turbine.
He explained that the capacity of the Ajka energy storage system is sufficient to charge one million laptops or four million cell phones.
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