AmCham discusses the energy outlook for Hungary with the Deputy State Secretaries of the Ministry of Energy

On October 25, AmCham welcomed three distinguished guests form the Ministry of Energy including Márk Dezső Alföldy-Boruss, Deputy State Secretary for Energy Policy, Daniella Deli, Deputy State Secretary for Climate Policy and Viktor Horváth, Deputy State Secretary for Energy Transition, to its Policy Forum.

With the deputy state secretaries, we discussed the current status of the European Union's Fit for 55 package and how the revised National Energy and Climate Plan supports the achievement of the shared European goals. Furthermore, paramount questions about the international and EU climate policy, as well as the ministry’s plans for improving energy efficiency were also addressed.

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The moderator of the event, Thomas Narbeshuber,  AmCham Sustainable Growth Committe Chair, Managing Director of BASF Hungary and Daniella Deli, Deputy State Secretary for Climate Policy,  Márk Dezső Alföldy-Boruss, Deputy State Secretary for Energy Policy, and Viktor Horváth, Deputy State Secretary for Energy Transition. 

The Deputy State Secretaries stated that nuclear energy, including the extended operation of Paks I. and later Paks II., will play a significant role in reaching EU’s decarbonization targets. In line with the EU’s climate targets, renewable sources, especially solar energy and biogas will also be pivotal in the energy mix in the upcoming years. Related to this it was also noted that the share of solar power plants in the total energy generation is already above the EU-average. Natural gas, as also included in the EU taxonomy, would serve as a transitional energy resource, but would be gradually reduced over time.

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Regarding the plans for improving energy efficiency, the government’s main focus would be on properties - this is supported by the fact that the operations of buildings on a global level account for 30% of global final energy consumption - where the objective is firstly to improve the insulation of buildings that would be completed secondly by other developments such as heat pumps.

The event was moderated by Thomas Narbeshuber, AmCham Sustainable Growth Committe Chair, Managing Director of BASF Hungary. 

For more photos about the policy forum, please visit the gallery