Official: Hungarian industry must prepare for hydrogen future

Hungary is reinforcing its energy sovereignty and wants to rely more on domestic sources such as nuclear technology and renewables, he said.

He told the event organised by the Hungarian Hydrogen Technology Association in Budapest that a “solar energy revolution” had taken place in Hungary, and solar panels producing 5,600 megawatts were operating by the end of last year.

Costs and storage in relation to green hydrogen were important issues, he said, adding that this area was in the research and development phase.

Hungary’s first green hydrogen production plant was inaugurated last year, and Hungarian oil and gas company MOL’s green hydrogen plant will start production soon, he noted, adding that three green hydrogen plants will be operating in the country soon.

Meanwhile, state-owned railway company MAV aims to put hydrogen-powered trains and buses into service within three years, Janos Lazar, the construction and transport minister, told the conference.

He said a ten-year, 6,500 billion forint (EUR 17.1bn) development plan for the MAV-Volan railway and bus group has been submitted to the government.