M2RES project closes in Budapest

June 25, 2014

Event includes training on financial sustainability of brownfield developments

Graphisoft1The M2RES project www.m2res.eu held its Hungarian closing event on May 21, 2014, which included a training session on the financial sustainability of brownfield developments. The event took place at Graphisoft Park, an office park developed on a former brownfield site, the Obuda Gasworks.

M2RES is a project co-funded by the European Union through the 'South-East Europe 2007-2013' programme, which started in 2010 and concluded on May 31, 2014.

The goal of the project was to recover marginal areas (landfills, quarries, open cast mines, former military areas, contaminated sites, etc.) through investments in renewable energy sources, such as photovoltaic, wind, biomass, geothermal and biogas.

Graphisoft_StackTwo institutions from Hungary participated in the international consortium implementing the project: the Regional Environmental Center (REC) and ENEREA.

During the event, Project Manager Peter Szuppinger (REC) presented the main results of the project, highlighted the main points of the national and regional surveys, and talked about the team's established guidelines. REC expert Reka Prokai then presented a background paper that the REC put together on the current situation of marginal areas and brownfield sites in Hungary, and on possible future developments. External expert Albin Zsebik followed with a report on three investment proposals made during the project for marginal fields in Gyal, Tatabanya, and Csery-telep in Budapest. Finally, representatives of local authorities reflected on the possible impacts of these investment proposals.

The next session focused on the financial aspects of the proposed investments. Drafts of the operational programmes for the period 2014-2020 were presented and discussed, and various possibilities were identified.

Graphisoft4During an afternoon field visit, participants were guided through the remaining brownfield area of the Obuda Gasworks, a site that has not been rehabilitated and remains partly contaminated.

For more information on the event or on the project, please contact Peter Szuppinger at pszuppinger@rec.org.