Financial and return aspects of solar power stations in Hungary

Emese Michaletzky-Csikós and Áron Szennay ()

Prosperitas, 2021, vol. 8, issue 2, xpx

Abstract: : Electricity production is one of the major sources of global gas house gas (GHG) emission and is therefore responsible for climate change. In this context, renewable energy sources may have a significant role. Our research analyses the financial return of solar power stations in Hungary. Lowcapacity (0.3-1.0 MW) solar power stations were examined to highlight differences between the former (mandatory take-over tariff, KÁT) and present (renewable energy subsidising scheme, METÁR) renewable energy take-over schemes regarding financial return. Our results show that both analysed projects have a positive financial return. However, the KÁT project has an excessive return rate, therefore the phasing out of the scheme can be considered justified.

Keywords: solar energy; renewable energy; financial return (search for similar items in EconPapers)
Date: 2021
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