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Financial and return aspects of solar power stations in Hungary

Author

Listed:
  • Michaletzky-Csikós Emese
  • Szennay Áron

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.

Suggested Citation

  • Michaletzky-Csikós Emese & Szennay Áron, 2021. "Financial and return aspects of solar power stations in Hungary," Prosperitas, Budapest Business University, vol. 8(2).
  • Handle: RePEc:bbs:prospe:v:8:y:2021-10-04:i:2:p:xpx
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