Energy Policy Review: Hungary 2022
Executive Summary
The International Energy Agency (IEA) reviewed Hungary's energy policies, highlighting several key areas for improvement. The country has set ambitious climate goals, aiming for carbon neutrality by 2050, with a focus on reducing reliance on Russian energy sources. To achieve this, Hungary needs to diversify its energy sources, increase the share of clean energy, and invest in human resources.
Key Recommendations
- Diversify Energy Sources: Reduce dependence on Russian gas, oil, and nuclear fuel.
- Increase Low-Carbon Generation: Expand solar photovoltaic (PV) capacity to reach 90% clean electricity by 2030.
- Electrify Heating: Shift away from natural gas for heating to reduce fossil fuel imports.
- Evaluate Nuclear Extensions: Consider extending the lifespan of existing nuclear plants.
- Invest in Storage and Diverse Renewables: Prepare for integrating more solar PV by investing in storage solutions.
- Promote Hydrogen: Increase ambition for low-emission hydrogen deployment.
Energy System Transformation
Energy and Climate Change
- Emissions Trends: The country needs to address rising emissions to align with net-zero goals.
- Climate Targets: Hungary aims for net-zero emissions by 2050, with detailed pathways and strategies.
- Adaptation: Implement measures to adapt to climate change impacts.
Energy Efficiency
- Energy-Saving Trends: Focus on reducing energy consumption across sectors.
- Buildings: Enhance building insulation and improve energy efficiency standards.
- Industry: Promote energy-efficient technologies and practices.
- Transport: Encourage electric vehicles and public transportation.
Renewable Energy
- Renewable Energy Trends: Hungary has seen significant growth in solar PV, but more action is needed.
- Renewable Energy Targets: Set and implement targets for renewable energy adoption.
- Electricity, Heating, and Transport: Integrate renewables across various sectors to reduce fossil fuel use.
Assessment and Recommendations
- Gender Diversity: Ensure equal participation in the energy sector.
- Investments for Energy Transition: Increase public and private investments in clean energy.
- Energy Pricing and Taxation: Align energy prices with environmental and social objectives.
- Recommendations: Detailed recommendations to support Hungary's energy transition while maintaining affordability and security.
The IEA's review underscores the importance of Hungary's continued commitment to its climate goals and the need for comprehensive policy measures to achieve them.