Geothermal Resources of Hungary at a Glance
- Location
- Hungary
- Conference
- New Zealand Geothermal Workshop
- Year
- 2002
- Session
- Regional
- Language
- English
Full text
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Abstract
Hungary has some significant low-enthalpy geothermal resources. The success of geothermal development in Hungary is related to three market factors: the price of hydrocarbons, the countryís accession to the European Union (EU), and the existence of private investment. However, due to the low cost of fossil fuels, especially natural gas, only the best geothermal resources are commercially competitive based on strict financial criteria. Commercial viability of power generation projects may be increased through the use of cascading.
Copyright 2002, University of Auckland. Readers who download papers from this site should honour the copyright of the original authors, and may not copy or distribute the work further without the permission of the original publisher.