bne IntelliNews
Hungary aims to double the amount of geothermal energy in its energy use by 2030 and the government is offering state-subsidised loans to mitigate investors’ risk in research, the Energy Affairs Ministry said on April 18.
Hungary has been among the top five countries in Europe in the direct utilisation of geothermal energy as a clean alternative to fossil fuel in district heating, but due to the country’s geological conditions, it has still vast untapped reserves.
