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MVM Energetika Ltd.

MVM Energetika Zrt.

As a competitive strategic holding and nationally owned company group of Hungary, the MVM Group is a determining integrated player of domestic electricity and gas market, and it is also active in the electricity industry of wider region.

Lobbying Activity

Response to Nuclear Illustrative Programme

12 May 2025

MVM Group welcomes the opportunity to respond to this call for evidence regarding the Nuclear Illustrative Programme (PINC). We are honored to contribute to this important initiative. Please find our contribution attached.
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Meeting with Ernő Schaller-Baross (Member of the European Parliament)

8 Apr 2025 · Public Procurement

Meeting with András Gyürk (Member of the European Parliament, Shadow rapporteur) and Eurelectric aisbl

13 Jan 2025 · Electricity grids

Response to Establishment of a portfolio framework to increase lending towards energy performance renovations

5 Nov 2024

MVM Group as the leading electricity and gas utility of Hungary, providing for more than 10 million consumers in the wider Central and Eastern European region, and also having subsidiaries promoting energy efficiency in the building sector, would like to highlight several aspects to enable increased lending for building renovations: Green mortgages and green loans should be better defined and standardised at EU level. This could strengthen both their competitiveness and the objective measurability of their effectiveness at EU level. It is worth differentiating the initiatives and financing alternatives available to support energy efficiency investment in buildings for the relevant customer segments (b2c, b2b, b2g) and linking these to other relevant policies, e.g. funding and other operational support opportunities and targets for SMEs at EU level. The access to available financing options and support schemes is often complicated and opaque for potential clients, therefore we believe that simplifying the related processes and creating an educational programme on access to financing alternatives could increase the investment appetite. This could be helped by the creation of a consultancy scheme under the Directive, but it is also essential that these are compliant with an appropriate certification scheme. The mass promotion of energy efficiency renovations in buildings cannot be achieved by developing the financing area alone, so we suggest that the barriers to energy efficiency solutions (lack of knowledge about energy efficiency solutions, related financing options and the available returns; distrust of financial institutions and energy efficiency service providers; increased investment costs; uncertainty due to the dynamically changing legislative environment) should be jointly examined, consulted and jointly proposed solutions implemented, and linked to other relevant EU policies. Energy Savings Certificates should be certified and aggregated regardless of EU Member State borders and there should be a possibility for ESCO companies to reinvest these into new energy efficiency investments as capital financing (co-payment) or loan/interest repayment. This would significantly increase the financial capacity of companies to implement more projects. It should be possible to aggregate certificates of smaller volumes to enable relevant financial operations using them. There should also be a focus on recycling of RES-related modules, like PV cells, wind turbines and EV batteries. These have longer-term investment cycles and might increase the readiness of financial institutions to develop new financial instruments. Apart from technogenic renovations, local building and spatial plans should also take into account long-term wisdom on climate adaptation, e.g. green plant cover can decrease urban heat by 10-15°C in the worst heat wave periods; wind towers could decrease the need for air conditioning etc. and EU-financing should also take these measures into account.
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Meeting with András Gyürk (Member of the European Parliament)

3 Oct 2024 · State of play of EU energy policy

Meeting with Eszter Lakos (Member of the European Parliament)

3 Oct 2024 · Energy sector

Meeting with Ditte Juul-Joergensen (Director-General Energy) and TotalEnergies SE and

20 Dec 2022 · Energy Platform. Bulgargaz, SPP, EPH, DEPA, Geoplin, Eesti Gaas, Enovos, DEFA, Conexus Baltic Grid and GOGC participated as well.

Meeting with Maroš Šefčovič (Executive Vice-President) and

20 Dec 2022 · EU Energy Platform; Bulgargaz, SPP, EPH, DEPA, Geoplin, Eesti Gaas, Enovos, DEFA, Conexus Baltic Grid, GOGC participated as well.

Meeting with Anne Funch Jensen (Cabinet of Executive Vice-President Margrethe Vestager)

7 Sept 2021 · Issues within the competition portfolio

Response to Commission Delegated Regulation on taxonomy-alignment of undertakings reporting non-financial information

2 Jun 2021

We welcome the opportunity to give feedback on the Taxonomy non-financial reporting requirements. As the biggest vertically integrated energy company group in Hungary, we strongly support the aim of achieving a carbon neutral economy in Europe by 2050. We consider that all forms of decarbonised power generation (PV, wind, hydro, nuclear, etc.) are essential for decarbonizing major sectors, including energy. As the owner of Paks Nuclear Power Plant, we consider European policy making affecting nuclear power especially important. As regards the Sustainable finance initiative, we call upon the European Commission to provide a level playing field for all carbon neutral technologies, including nuclear. This should apply to the reporting requirements set by Article 8 of the Taxonomy Regulation as well. The current timeline for Art. 8 reporting requirements includes very short deadlines, all the more, the Delegated Acts upon which the planned reporting is based are still not finalised. Therefore, we strongly agree with FORATOM, of which MVM Energetika Ltd. is also a member, that given the very short deadlines and the uncertainties regarding some technologies, the Article 8 reporting requirements should be put on hold until work is completed on the concerned Delegated Acts. Please, find attached FORATOM’s position paper on the matter for further details.
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