Hungary to become self-sufficient in electricity supplies
Thanks to the expansion of the Paks nuclear power station and investment projects in solar energy, Hungary is set to become self-sufficient in terms of electricity supplies.
Thanks to the expansion of the Paks nuclear power station and investment projects in solar energy, Hungary is set to become self-sufficient in terms of electricity supplies.
Hungary will start repaying the Russian loan for the project in 2031 rather than from 2026 as originally planned.
The PM’s press chief said the meeting confirmed that the construction of two new blocks at the plant is proceeding according to schedule, and in compliance with Hungarian and European...
Péter Szabó noted that the town of 19,600 inhabitants expects to see an influx of some 10,000-12,000 people during the construction of the nuclear plant and a growth of some...
Rosatom Director General Alexey Likhachev has visited the Paks nuclear power plant to inspect progress on the site upgrade.
The capacity expansion of Hungary’s Paks nuclear power plant in central Hungary began on Thursday with the construction of the ancillary buildings.
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.
Built at a cost of 9 billion HUF (28.5m EUR), the new solar plant will have an output of 20.6 megawatts, and will serve over 8,500 households
János Süli, minister without portfolio in charge of the upgrade of the Paks nuclear plant, suggested that two new blocks should be added to meet increased demand in future
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
President Putin said that, if necessary, Russia could raise its loan to fully cover the costs of the 12-billion euro Paks nuclear power project
“It is hard to imagine a successful Hungary,” the prime minister said, “without establishing open, vigorous and fruitful economic and trade relations with one of the biggest players in the global economy”
Prime Minister Viktor Orbán held a joint press conference with Russian President Vladimir Putin in Budapest on Thursday. President Putin said that he was in agreement with PM Orbán about the need to strengthen cooperation in the fight against international terrorism