Corvinus
Corvinus

Project finance in Hungarian electricity sector. Effect of feed-in tariff system’s change onto power plant investments

Madácsi, Roland (2015) Project finance in Hungarian electricity sector. Effect of feed-in tariff system’s change onto power plant investments. Working Paper. Corvinus University of Budapest Faculty of Economics.

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Abstract

The research analyses the former and the current status of the small gas-motor power plant investments in the Hungarian energy sector. It discusses the development of project financing in the segment and the major changes and effects of new regulations and subsidy-policy implemented in 2010. The objective of this paper is to present the results of an empirical research of the so called GCHP projects, and to draw conclusion concerning how classic project financing conditions were present and changed during the last decade, and how regulation affected the current and future financial status of these projects.

Item Type:Monograph (Working Paper)
Series Name:Corvinus Economics Working Papers - CEWP
Series Number / Identification Number:2015/15
Uncontrolled Keywords:project financing, corporate financing, energy sector
JEL classification:G32 - Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; Value of Firms; Goodwill
G38 - Corporate Finance and Governance: Government Policy and Regulation
L94 - Electric Utilities
Subjects:Energy economy
Finance
ID Code:1996
Deposited By: Ádám Hoffmann
Deposited On:22 Jul 2015 06:59
Last Modified:22 Jul 2015 08:40

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