In a statement to the stock market, Hungarian geothermal firm PannErgy shares the official heat feed-in-tariffs for geothermal district heating. These tariffs are for the season 2015-2016 in relation to the subsidiaries of PannErgy.
“PannErgy Plc. hereby advises the actors of the capital market that in Issue no. 141 of 2015 of the Hungarian Official Gazette, in the form of Decree 54/2015. (IX. 30.) of the Ministry for National Development, the Minister for National Development announced the officially fixed feed in district heat tariffs (heat selling prices) with effect from 1 October 2015.
The officially fixed district heat feed in tariffs applicable to PannErgy’s subsidiaries seem to remain the same from previous respective heating period in accordance with the following table:
Official heat selling tariff in effect until 30 September 2015 (from Oct. 1, 2015) – in EUR and US$
- Szentl?rinci Geothermal Ltd. 3,654 Ft/GJ (3,654 Ft/GJ) – EUR 11.69/ US$13.11
- Miskolci Geothermal Ltd. 2,450 Ft/GJ (2,450 Ft/GJ) – EUR 7.84 /US$8.79
- KUALA Ltd. 2,450 Ft/GJ (2,450 Ft/GJ) – – EUR 7.84 /US$8.79
- Arrabona Geothermal Ltd – none (2,650 Ft/GJ) – EUR 8.48/ US$ 9.51
Source: PannErgy release