A new opportunity has opened up to buy green electricity in Hungary

RockedBuzz
By RockedBuzz 4 Min Read

KER Toki Power AD is a Bulgarian electricity dealer with a MEKH license, which is likely one of the main gamers in the green vitality commerce in Southeastern Europe. Its mum or dad firm is Renalfa Solarpro Group, which is headquartered in Vienna. The firm group is an funding group coping with clear vitality and e-mobility, which focuses totally on the manufacturing of renewable vitality sources in the area. It at the moment has about 3 gigawatts of energy plant capability underneath building and improvement in Bulgaria, in addition to about 200 megawatts of working property in Poland, Hungary, Romania, Bulgaria and North Macedonia.

Corporate Energy Management 2024
Green electricity contracts and ensures of origin will even be mentioned on the Portfolio Corporate Energy Management 2024 convention subsequent April 11. More particulars:

In addition to electricity buying and selling, it’s also current in Hungary with investments in the vitality trade, because it operates a 50-megawatt solar energy plant in Galgagutá and a 23-megawatt solar energy plant in Szentmártonkát, and the announcement states: “in accordance to the plans, it’s going to additional strengthen its presence in this space in the next years on the Hungarian and surrounding markets” .

The announcement factors out that KER Toki Power AD sells electricity in a quantity exceeding 2 terawatt hours per yr and provides a complete of greater than 3,000 prospects. The firm’s shoppers embrace quite a few impartial electricity producers, giant industrial shoppers, and small and medium-sized enterprises. Referring to the enterprise mannequin, the Bulgarian firm remembers that electricity consumption in Hungary exceeds home manufacturing; the deficit to be coated from overseas is kind of vital, sometimes round 25-30% relying on the season. On the opposite hand, due to its completely different vitality administration capabilities, Bulgaria produces electricity in extra of its inside consumption, so it’s a internet exporter.

In this regard, Rendek Szabolcs, the top of the Hungarian subsidiary of KER Toki Power AD, emphasised: “Our firm group strives to bodily ship electricity from renewable sources produced in Bulgaria to Hungary by worldwide transmission traces – at the moment by Serbia, and thereby contribute to the carbon-neutral for home electricity consumption. Our new service opens up one other opportunity for Hungarian firms to cowl their vitality wants with green electricity with a assure of origin”.

Part of the enterprise mannequin is that “the home subsidiary of KER Toki Power AD can use the electricity from their domestically produced solar energy crops in the so-called It can be made out there to firms inside the framework of a PPA (power-purchase settlement). Through the corporate, home companies can save not solely cash, but additionally time, because the firm providing green electricity with a assure of origin offers distinctive affords tailor-made to the wants of consumers and likewise takes over the executive burdens related to altering service suppliers – the announcement concludes.

Cover picture supply: Patrick Pleul/image alliance by way of Getty Images

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