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Feasibility study funded for 100 MW project
1 April 2003
A feasibility study for development of an 80-100 MW wind power project in Hungary has won a $138,000 grant from the US Trade and Development Agency (USTDA). Greenergy, a private Hungarian company, is currently conducting wind monitoring at eight locations. The USTDA funded study will measure wind resources, produce wind maps and conduct a preliminary economic assessment of potential wind farm sites. Greenergy plans to hire a US firm to undertake the feasibility study and will contribute $104,207 toward its completion. The project, says USTDA, will help Hungary meet its commitment to increase its renewables capacity as part of its accession to the European Union. The USTDA's function is to advance economic development and US commercial interests in developing and middle-income countries; one focus of its work has been to assist Hungary and other Central European countries in the development of renewable energy sources. In December, the agency sponsored a Waste-to-Energy and Renewable Energy Regional Conference in Prague.
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