From 1 July 2021 Mátrai Erőmű Zrt. (Mátra Power Plant Co.) continues to operate as MVM Mátra Energia Zrt. (MVM Mátra Energy Ltd.). With its more modern and dynamic name, the company intends to emphasize its belonging to the MVM Group as well as a complex transformation programme.

The Mátra power plant, which has been operating since 1969, is the only significant domestic primary energy source in Hungary, based on lignite, with a total installed capacity of 950 MWe. With this capacity it is currently the second largest basic power plant in Hungary, which plays a significant role in terms of security of supply and energy independence.

In the year 2022 the power plant produced 3 417 GWh electricity.  Fuel for the lignite-fired units of the power plant is delivered from its own open-pit mines from Visonta and Bükkábrány, where a total of 4,87 million tons of lignite was excavated in 2022.

The power plant has been producing renewable energy since 2002, which proves its significant contribution to achieving the sustainability indicators undertaken within the European Union. In order to reduce its CO2 – emission, the company also burns biomass mixed to the fuel in the proportion of 11-14 %.

Operating the power plant in a more efficient way and its environmentally friendly transformation is part of the national strategic objectives. The lignite-fired units are planned to be phased-out by 2025, but the transition can only be feasible if these units are replaced with more modern, carbon-saving technologies. In order to achieve the national decarbonisation goals and to reduce emissions, replacing capacities with other technologies must be realised in a fast and efficient way. The professional background of MVM Group guarantees the smooth operation of the supply system during the transition process. Due to its determining position in the energy market, MVM has the opportunity to apply for significant EU funding for the technological transformation.