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Amendment of Energy Related Acts from 1 January 2025

Hungary
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A bill on the amendment of certain energy-related laws was submitted to the Hungarian Parliament at the end of October 2024. Among others, the bill would amend the following laws from 1 January 2025: the Mining Act, the District Heating Services Act, the Electricity Act, the Environmental Product Charges Act and the Waste Act.

The amendments to the Electricity Act would make the operation of the electricity system more transparent and efficient, enable network licensees to perform certain mandatory tasks more easily and efficiently, increase the predictability of medium and high voltage capacity and ensure that investors can benefit from a transparent procedure while policy objectives are met, and ensure greater compliance with EU requirements.

The amendment to the Environmental Product Charges Act aims to reduce the double administrative burden on the products subject to both the product charge system and the extended producer responsibility system by narrowing the scope of products subject to the product charge. Based on the amendments, batteries, packaging, electrical and electronic equipment, tires, advertising paper and office paper are no longer considered products subject to product charges.

The current double administration is an unnecessary burden and therefore the maintenance of an environmental product charge for products that are also covered by the extended producer responsibility scheme is unjustified. The amendment to the Environmental Product Charges Act will reduce the administrative burden for both the obligated parties and the State tax authority by removing the administrative obligations of the obligated parties under the product charge regime for products that are no longer subject to the product charge.

The main objectives of the amendment to the Waste Act are to facilitate the eradication of abandoned waste, simplify administrative procedures and clarify accounting obligations.

By Lidia Suveges, Attorney at Law, KCG Partners Law Firm

Hungary Knowledge Partner

Nagy és Trócsányi was founded in 1991, turned into limited professional partnership (in Hungarian: ügyvédi iroda) in 1992, with the aim of offering sophisticated legal services. The firm continues to seek excellence in a comprehensive and modern practice, which spans international commercial and business law. 

The firm’s lawyers provide clients with advice and representation in an active, thoughtful and ethical manner, with a real understanding of clients‘ business needs and the markets in which they operate.

The firm is one of the largest home-grown independent law firms in Hungary. Currently Nagy és Trócsányi has 26 lawyers out of which there are 8 active partners. All partners are equity partners.

Nagy és Trócsányi is a legal entity and registered with the Budapest Bar Association. All lawyers of the Budapest office are either members of, or registered as clerks with, the Budapest Bar Association. Several of the firm’s lawyers are admitted attorneys or registered as legal consultants in New York.

The firm advises a broad range of clients, including numerous multinational corporations. 

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Nagy és Trócsányi is the exclusive member firm in Hungary for Lex Mundi – the world’s leading network of independent law firms with in-depth experience in 100+countries worldwide.

The firm advises a broad range of clients, including numerous multinational corporations. Among our key clients are: OTP Bank, Sberbank, Erste Bank, Scania, KS ORKA, Mannvit, DAF Trucks, Booking.com, Museum of Fine Arts of Budapest, Hungarian Post Pte Ltd, Hiventures, Strabag, CPI Hungary, Givaudan, Marks & Spencer, CBA.

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