Hungary rss

Putin: Russia ready to fund entire Paks II project

New Nuclear

03 February 2017

Putin and Orban - February 2017 - 48Russia is prepared to provide all of the funding required for Hungary's Paks nuclear power plant expansion project, President Vladimir Putin told journalists in Budapest yesterday, following talks with Hungarian Prime Minister Viktor Orban. A transcript of the press briefing was posted on the Russian presidential website.

Hungary's nuclear ambitions for climate change

Nuclear Policies

13 December 2016

Hungary's commitment to nuclear power reflects its dedication to meeting ambitious global climate change targets as outlined by the International Energy Agency, government officials told delegates at the Budapest Energy Summit last week. Hungary joined the IEA in 1997.

Site licence submitted for Hungary's Paks II project

New Nuclear

28 October 2016

The Hungarian Atomic Energy Authority announced today that MVM Paks II has submitted a site licence application for two new units it plans to build at the Paks site.

Paks 3 operating licence extended to 2036

Regulation and Safety

06 January 2017

Paks 48The Hungarian National Atomic Energy Office has extended the operating licence of block 3 of the Paks Nuclear Power Plant by another 20 years, state news agency MTI has reported. Meanwhile, the government plans to cut the capital increase earmarked for MVM Paks II nuclear power plant - the company responsible for expansion of the plant.

Hungary’s Paks II project clears procurement hurdle

New Nuclear

22 November 2016

The European Commission has cleared Hungary's award of a contract to Russia's Rosatom to build two new units at the Paks nuclear power plant.

IAEA encourages further improvement at Paks plant

Regulation and Safety

21 October 2016

An International Atomic Energy Agency team of experts has concluded that the Paks nuclear power plant has improved operational safety by following recommendations and suggestions made in a 2014 IAEA review, but noted that further work is needed. The Operational Safety Review Team completed a five-day follow-up mission to the four-unit plant in central Hungary today.