News in Brief
Project to expand Paks nuclear plant's lifespan begins
Péter János Horváth said the October announcement was the first step in a decade-long process that would prolong the plant’s operating licence until 2052-57.
Nuclear Power
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News in Brief
FM: Shipment of fuel rods from Russia for Paks nuclear power plant arrives in Hungary
The foreign minister said cooperation with Hungary’s Russian partners was “excellent” in terms of the quality of the fuel rods and scheduling of deliveries.
News in Brief
FM: Decisive action is needed against sanctions
The foreign minister said that any kind of restrictions that affected nuclear cooperation with Russia must be fought against resolutely.
News in Brief
FM: Paks receives shipment of nuclear fuel rods
Péter Szijjártó, Minister of Foreign Affairs and Trade, said that during the energy crisis, it has become especially important if a country can produce for itself the majority of electricity...
News in Brief
Paks nuclear power plant contract to be modified
Hungary will start repaying the Russian loan for the project in 2031 rather than from 2026 as originally planned.
News in Brief
Government to ensure Hungary’s energy demands from two main sources: nuclear power and renewable sources
During a Q&A session in Parliament, Prime Minister Viktor Orbán said Hungary needs the capacity expansion of its only nuclear plant in Paks in order to meet its climate goals.
News in Brief
János Süli: Hungary has “no alternative” but to build a nuclear plant
Süli told the Budapest Energy Summit that climate policy goals cannot be fulfilled without nuclear energy and nuclear plants are capable of providing non-stop power for both the industrial sector and consumers
News in Brief
The Paks nuclear power plant upgrade is “the largest ever development project” in Hungary's economic history
"It is good news that Hungarian-Russian economic cooperation has started to flourish again," Hungary's foreign minister said
News in Brief
János Süli sworn in as minister without portfolio for Paks project
The new minister was sworn in during a session of parliament on Tuesday and was congratulated by the prime minister, members of government and the group leaders of the parliamentary parties
News in Brief
Hungary and Iran form nuclear reactor deal
Hungary will cooperate with Iran on setting up a small nuclear reactor for scientific-educational purposes
News in Brief
Paks II project to 'take care of Hungary's energy needs for 60 years'
The Paks II upgrade is one of the most important guarantees of the reduction of household utility charges, and while a Hungarian now pays 36-38 HUF for electricity per kilowatt, the Germans pay 90 HUF
Prime Minister
PM Orbán calls President Putin after EC agreement on Paks II nuclear power upgrade
Hungary aims to replace the four reactors currently operating at the Paks site, which were constructed in the 1980s and account for approximately 50 percent of Hungary's domestic electricity production
News in Brief
European Commission approves Hungary's Paks II nuclear power investment
Hungary aims to replace the four reactors currently operating at the Paks site, which were constructed in the 1980s and account for approximately 50 percent of Hungary's domestic electricity production