INTIEAHungary · EU Funded Lignite generation decarbonization projectPolicyIn force

EU Funded Lignite generation decarbonization project

The European Commission has announced funding for the phase-out of lignite generation at the Matra power plant in Hungary, as part of its LIFE Environment and Climate Action program with a total investment of €121 million ($145.59 million USD). The goal of the project is to…

آخر تعديل قبل 5 سنوات.

العرض المستخرج للقراءة · النص الأصلي للأدلة الامتثالية

دورة الحياة

  1. نافذ
  2. آخر تعديل

Country / jurisdiction: Hungary · Year: 2021 · Status: In force · Level: International · Type: Voluntary

The European Commission has announced funding for the phase-out of lignite generation at the Matra power plant in Hungary, as part of its LIFE Environment and Climate Action program with a total investment of €121 million ($145.59 million USD).

The goal of the project is to decarbonize the plant by 2030, Hungary’s the last remaining coal-fired plant, via a mix of renewable energy, energy storage and natural gas technologies, and close two associated open-cast lignite mines by the same date. The phase-out would reduce Hungary's greenhouse gas emissions by 14%, or around 6.5 million mt of CO2 per year, the EC said.

Official source: https://ec.europa.eu/energy/sites/ener/files/documents/transforming_the_lignite-fired_matra_power_-_platform_for_coal_regions_in_transition.pdf

المصدر

https://www.iea.org/policies/12923

الوثيقة الرسمية لدى الجهة التنظيمية. استشهد دائماً بهذا الرابط — لا بصفحة تفاصيل Vantage — في أدلة الامتثال.

ذات صلة في International

INTEnergy Newsoilprice:oilprice-article-44766أخبارIn force

The Billion-Dollar Debt Deals Exposing an Oil Giant

Last week, Angola's state oil company, Sociedade Nacional de Combustíveis de Angola (Sonangol), secured a $2.65-billion financing deal with a consortium of international banks to fund the company's operating expenses and capital investments. The financing was heavily backed by a syndicate of foreign lenders including Société Générale, First Abu Dhabi Bank, Standard Bank of South Africa and Absa, while local Angolan banks, including Banco Fomento de Angola (BFA), Banco Millennium Atlântico and Banco Angolano…

قبل 12 ساعة
INTEnergy Newsoilprice:oilprice-article-44770أخبارIn force

AI Demand, War, and Climate Pressure Push World Back To Nuclear

Global energy markets are in turmoil as energy crises keep piling up. The energy-hungry AI boom, war in Iran, geopolitical instability, and climate pressures are creating a polycrisis for the global energy sector, and it’s just getting started. To solve multiple overlapping crises, we will need multiple overlapping solutions. An all-of-the-above solution to increasing energy security is therefore gaining favor on a global scale as the precariousness of over-reliance on limited energy supply chains becomes dangerously clear. While fossil fuels…

قبل 14 ساعة
INTEnergy Newsrigzone:https://www.rigzone.com/news/wire/uk_grid_issues_another_supply_warning-26-jun-2026-184002-article/?rss=trueأخبارIn force

UK Grid Issues Another Supply Warning

The UK grid operator issued a second power supply warning for Friday evening.

قبل 14 ساعة
INTEnergy Newsrigzone:https://www.rigzone.com/news/wire/crude_falls_on_rising_gulf_supplies-26-jun-2026-184005-article/?rss=trueأخبارIn force

Crude Falls On Rising Gulf Supplies

Oil prices fell sharply as rising Strait of Hormuz traffic and increasing Persian Gulf exports fueled oversupply concerns.

قبل 14 ساعة
INTEnergy Newsoilprice:oilprice-article-44772أخبارIn force

China's Battery Giant Bets Big on Sodium as Lithium Volatility Persists

The world’s largest battery maker is taking a step back from the eclectic vehicles sector to refocus its efforts on energy storage. China’s Contemporary Amperex Technology Co. Ltd. (better known as CATL) has been building up its energy storage portfolio for years now, but the company’s transition away from EVs and toward energy systems has been supercharged by the artificial intelligence boom. Five years ago, just 2 percent of CATL’S sales came from battery storage. Today, storage accounts for a full quarter of the megacompany’s…

قبل 15 ساعة