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Project finance in Hungarian electricity sector. Effect of feed-in tariff system’s change onto power plant investments

Roland Madácsi

Corvinus Economics Working Papers (CEWP) from Corvinus University of Budapest

Abstract: The research analyses the former and the current status of the small gas-motor power plant investments in the Hungarian energy sector. It discusses the development of project financing in the segment and the major changes and effects of new regulations and subsidy-policy implemented in 2010. The objective of this paper is to present the results of an empirical research of the so called GCHP projects, and to draw conclusion concerning how classic project financing conditions were present and changed during the last decade, and how regulation affected the current and future financial status of these projects.

Keywords: project financing; corporate financing; energy sector (search for similar items in EconPapers)
JEL-codes: G32 G38 L94 (search for similar items in EconPapers)
Date: 2015-06-01
New Economics Papers: this item is included in nep-cfn, nep-ene and nep-ppm
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