Innovation and Technology Minister László Palkovics on Sunday discussed Hungary’s cooperation in the construction of an energy storage facility in Bavaria, the ministry said.
Featured photo illustration by Zsolt Szigetváry/MTI
After talks with the Max Aicher group, which also owns the steel works in Ózd, in northern Hungary, the minister noted that the group was preparing the construction of a facility capable of storing 450 MW of electricity in southern Bavaria.
Palkovics said storing energy from weather-dependent sustainable sources and night-time nuclear energy was an “environmental and competitive advantage”.
Since Hungary’s geography does not allow for the construction of a gravity-based energy storage plant, the group’s offer for Hungary to acquire a share in the German plant is especially attractive, Palkovics said.
