Economy & Policy

Mátra Power Plant now has a long-term strategy

The role of the Mátra Power Plant in terms of the security of the Hungarian energy supply is the most important and unavoidable element.

Over the past year, the company’s management developed a 30-year concept that meets the expectations of modern employment, technical aspects and implementation. Within the concept, a 5+4 year plan has also been created in line with the national energy and climate strategy. 

According to Zsolt Oravecz, CEO of the Mátra Power Plant, the first adjustments have already been made to make the company operate more efficiently, reorganizing activities so that they can operate the company through the existing value chain.

The modernization rests on 4+1 pillars: (1) the 500-megawatt gas turbine unit, (2) the waste plant, which also plays an important role in waste management, (3) high-performance solar parks, and (4) the management of carbon dioxide and the construction of a hydrogen economy. The +1 (fifth) pillar is to bring the special activities of the subsidiaries to the competitive market by developing and injecting capital. 

The company will maintain lignite-based electricity generation until 2025, and power plant workers will have to prepare and build new generation units by then. In the currently valid technical operation plan, the maintenance of mining activities is envisaged until 2029, and from 2025 onwards, the task of reclamation and landscaping will be to build solar parks in the area of ​​waste dumps. There is also an industrial park in Bükkábrány at the site of the mine, so industrial companies can settle there as well.

If mining is to be abandoned, these companies could provide hundreds of people with adequate, value-added work, according to the CEO. Not only can lignite be used to produce energy; it can also be used to produce many of the raw materials sought by both present and future players through appropriate chemical activities, he added. According to Oravecz, it is a misconception that the companies operating in the industrial park next to the power plant settled there solely due to the use of by-products generated in the power plant.

In addition to their demand for raw materials, companies continue to operate here mainly due to their electricity demand, high-pressure steam demand and other infrastructure services, and these benefits will remain even after the burning of coal has stopped.

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