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Hungary’s regulator extends deadline for renewable power plants

The Hungarian Energy and Public Utilities Regulatory Office (MEKH) extended the implementation deadline for the power plants that are set to receive subsidies for renewable energy production.

The Hungarian regulator has already extended several times the implementation deadline for power plants that are entitled to mandatory takeover and for producers eligible for green-premium subsidies first due to the pandemic and then the war in Ukraine that disrupted supply chains.

In line with the decree issued by MEKH, the new deadline for power plants that are entitled to mandatory takeover under government decree 389/2007 is 30 June 2023 in the case of deadlines expiring between 1 July 2021 and 31 December 2021; while in the case of deadlines expiring between 1 January 2022 and 1 January 2023, it will be extended until 31 December 2023.

The implementation deadlines for the power plants entitled to mandatory takeover or green-premium subsidy without a tender under government decree 299/2017 will be extended to 30 June 30, 2023, in the case of deadlines expiring between 1 July 2021 and 31 January 2022.

According to the MEKH decree, the deadline for implementation and execution is automatically extended by law, that is, there is no need to submit individual requests.

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