Eight strategically important investments in grid expansion, with a total value of around HUF 117.5 billion (approx. EUR 322 million), are being launched under the EU financing agreement. The transmission system operator Mavir signed the agreement in August.
The project aims to modernize key elements of the transmission grid, increase its capacity, expand international electricity interconnections and integrate renewable energy more effectively.
The growing use of weather-dependent renewable energy and changing consumer needs require continuous modernization of the transmission infrastructure. Mavir’s development program addresses these challenges by strengthening the flexibility of the grid, supporting the digitalization of the power system and contributing to long-term security of supply.