What is the capacity of a network storage facility in Hungary?

The first network storage facility in Hungary was installed by E.On in 2018 followed shortly by Alteo with 3.92 MWh and ELMŰ (Innogy) with 6 MWh (6 MW + 8 MW capacity). Currently, the total capacity of the storage units applied in the primary Hungarian regulatory market is 28 MW.

Why should we invest in battery production in Hungary?

The current battery production facilities in Hungary, together with the growing number of end-of-life electric vehicles, offer good opportunities to develop innovative and sustainable recycling processes of the valuable battery materials. 6. Strengthening international co-operation

Where is the battery industry located in Hungary?

Many of the significant suppliers of the battery industry in Hungary are located directly near the main car manufacturing plants. Since 2016, a total of HUF 1,903.8 billion (EUR 5.29 billion) and approximately 13,757 jobs have been created as a result of working capital investments in the battery industry.

Is a battery training programme a good idea for Hungary?

It may be beneficial for Hungary if the education and further training programmes currently being developed at EU level, covering the entire battery value chain (e.g. the ALBATTS project)7, are transposed in a way that meets Hungarian conditions.

How many GWh will a battery cell produce in 2025?

Global battery cell production is projected to reach 2,340 GWh by 2025, which is expected to increase further. The favourable market vision and the increased demand for battery cells are adequately reflected by the increase in the European battery production capacity.

How can battery production contribute to a sustainable and circular economy?

The extraction, recycling and multiple (re)-use of raw materials for battery production will create value and business opportunities in the transition to a sustainable and circular economy. 6. Strengthening international co-operation