Legal Business

Sponsored Q&A: Oppenheim

1. How does the Hungarian regulatory framework govern renewable energy projects, and what are the latest amendments or proposals that could impact such projects?

Renewable energy projects are not regulated separately, the respective rules are embedded in the regulation of the given sector. For example, solar and wind projects have their rules within the frame of the electricity regulation, geothermal investors can look up the relevant provisions in the mining law. Note that investors will face turbulent legislative changes in the Hungarian energy sector, especially in respect of renewables. Therefore, renewable investors should pay meticulous attention to the actual legislative framework when considering an investment in Hungary.