The green energy market is expected to expand eightfold by 2050
The green energy market is expected to expand eightfold by 2050, and it is gratifying that Hungary is not a follower but a leader of the turnaround, said Government Commissioner László György at a press conference in Veszprém on Monday.
László György explained that in 2020, the green energy market in the world amounted to 1,300 billion dollars, which was 6 and a half times the Hungarian GDP at the time. By 2050, this market will expand to 10,300 billion dollars, i.e. eight times, and in this process Hungary will have great opportunities as a leader.
The green economy begins with the production of green energy, according to the objective stated in the Climate and Nature Protection Action Plan published in 2020, by 2030 Hungary will produce 90 percent of its electricity without the emission of carbon dioxide.
Related news
Coca-Cola Europacific Partners Invests €146m In French Bottling Facility
Coca-Cola Europacific Partners (CCEP) is investing €146 million in its…
Read more >Pro Form Ltd. and the University of Technology have developed an increased heat-resistant PET packaging material
Pro-Form Industrial and Commercial Ltd. has jointly developed a PET…
Read more >Mol: the Hungarian population is increasingly open to solutions that strengthen the circular economy
The Hungarian population is increasingly open to solutions that strengthen…
Read more >Related news
What makes us add the product to the cart – research
The latest joint research by PwC and Publicis Groupe Hungary…
Read more >Energy drinks are now legal: what every shopkeeper should know
New regulations on the sale of energy drinks came into…
Read more >Tens of millions with one opening tab – the biggest prize draw in XIXO history has started
This summer, XIXO is preparing for a bigger launch than…
Read more >