Energy Storage

13 Jul 2021

IT Min: Hungary to Construct 450 MW Energy Storage Plant in Bavaria

13 Jul 2021  by   

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.

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