Energy Environment Project

closed

The Energy and Environment Project will support Hungary's reform program by mitigating the country's dependence on energy imports from a single source; by increasing efficiency, reliability and flexibility in the production of electricity and heat; and by establishing the necessary basis for strong interconnections with the Western European Power Pool. In addition, the project will support continued environmental improvements in the power sector, and assist in improving institutional capabilities. The project will consist of the following components: (i) construction of the gas-fired combined cycle co-generation unit of 235 MWe and 240 MWt at the Dunamenti Power Plant site about 30 km southwest of Budapest; (ii) upgrade of Hungarian Power Companies Ltd. (MVM Rt's) existing Energy Management System (EMS); (iii) assistance to: (a) develop an Environmental Master Plan, (b) reinforce the environmental management and monitoring capabilities of MVM Rt; and (c) install water pollution, ambient air and noise level monitoring equipment at selected sites; and (iv) assistance to upgrade the human resource management, training and institution-building capacity in the power sector.