LAPSE:2023.35761
Published Article

LAPSE:2023.35761
Examination of the Hungarian Electricity Industry Structure with Special Regard to Renewables
May 23, 2023
Abstract
The stability of electricity service mainly depends on two main factors. One of them is the country’s power plant capacity and electricity imports. Another factor is the network that delivers electricity to consumers. Recently, consumer electricity production has appeared as a third factor due to the spread of renewable energies. The article focuses on the transformation of the structure of Hungary’s electricity sources between 2010 and 2020. We used the concentration indicator to examine the structure of export−import deliveries with neighboring countries. We also analyzed the centralization of Hungary’s electricity-generating units and the composition of their fuels. In this article, we examined the increasingly widespread renewable energies, which are replacing the traditional—mainly fossil fuel—energy carriers. The relationship between coal, natural gas, nuclear, solar, wind, water, and bioenergy, as well as net imports, were analyzed using a Pearson correlation matrix. This article concludes that renewable energies will cause further transformation in the future, both in the structure of export−import and power plants. In electricity imports, green power is increasingly preferred. Electricity from renewable sources will account for an increasing share of electricity production. In the future, electricity production based on non-renewables will move toward power plants with low carbon dioxide emissions. On the other hand, it is also moving in the direction of fast-reacting power plants due to weather-dependent renewables. Annual system load peaks will continue to increase year after year in the future, thereby posing additional challenges to electricity generation and the electricity grid.
The stability of electricity service mainly depends on two main factors. One of them is the country’s power plant capacity and electricity imports. Another factor is the network that delivers electricity to consumers. Recently, consumer electricity production has appeared as a third factor due to the spread of renewable energies. The article focuses on the transformation of the structure of Hungary’s electricity sources between 2010 and 2020. We used the concentration indicator to examine the structure of export−import deliveries with neighboring countries. We also analyzed the centralization of Hungary’s electricity-generating units and the composition of their fuels. In this article, we examined the increasingly widespread renewable energies, which are replacing the traditional—mainly fossil fuel—energy carriers. The relationship between coal, natural gas, nuclear, solar, wind, water, and bioenergy, as well as net imports, were analyzed using a Pearson correlation matrix. This article concludes that renewable energies will cause further transformation in the future, both in the structure of export−import and power plants. In electricity imports, green power is increasingly preferred. Electricity from renewable sources will account for an increasing share of electricity production. In the future, electricity production based on non-renewables will move toward power plants with low carbon dioxide emissions. On the other hand, it is also moving in the direction of fast-reacting power plants due to weather-dependent renewables. Annual system load peaks will continue to increase year after year in the future, thereby posing additional challenges to electricity generation and the electricity grid.
Record ID
Keywords
concentration, efficiency, electricity, energy consumption, fossils, Hungary, renewable energy sources
Subject
Suggested Citation
Bozsik N, Szeberényi A, Bozsik N. Examination of the Hungarian Electricity Industry Structure with Special Regard to Renewables. (2023). LAPSE:2023.35761
Author Affiliations
Bozsik N: Institute of Agricultural and Food Economics, Hungarian University of Agriculture and Life Sciences, 2100 Gödöllő, Hungary
Szeberényi A: Institute of Marketing, Budapest Metropolitan University, 1148 Budapest, Hungary [ORCID]
Bozsik N: Donát Bánki Faculty of Mechanical and Safety Engineering, Óbuda University, 1081 Budapest, Hungary [ORCID]
Szeberényi A: Institute of Marketing, Budapest Metropolitan University, 1148 Budapest, Hungary [ORCID]
Bozsik N: Donát Bánki Faculty of Mechanical and Safety Engineering, Óbuda University, 1081 Budapest, Hungary [ORCID]
Journal Name
Energies
Volume
16
Issue
9
First Page
3826
Year
2023
Publication Date
2023-04-29
ISSN
1996-1073
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Original Submission
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PII: en16093826, Publication Type: Journal Article
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LAPSE:2023.35761
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https://doi.org/10.3390/en16093826
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[v1] (Original Submission)
May 23, 2023
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Calvin Tsay
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