Minister Without Portfolio Responsible for Expansion of Pax Nuclear Power Plant A To Magyar Hirlap Highlighted in a particular interview: Paks II. Without it, there are no cheap electricity, no sustainable reduction in public expenditures, and no effective climate protection.
In his words, “We are facing serious achievements in both licensing and physical labor.” In the fall, the National Atomic Energy Authority is expected to issue the nuclear installation and ownership permit and the electricity installation permit obtained last year.
Actual construction, production, procurement and installation of the new units can begin.
Work is already underway on the exhibition area in parallel on a number of sites: construction of a concrete plant and a steel and rebar assembly plant has begun, with the finishing touches on two administration buildings and an adjacent kitchen building for on-site catering. The investment center for the power plant will also be able to move in within weeks. Excavation work for the new nuclear power plant may begin in the near future.
Janos Sole also spoke about the fact that the loan agreement providing for the financing of the project will be positively modified for Hungary, since “it will be enough to start repaying the loan in 2031, and therefore the cost of this will be extracted by the new plant. The change does not affect the interest rate The loan can still be repaid in advance at any time and the availability fee will be more flexible than before.
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Hungary has paid all the bills in advance so far, and has no debts to Russia in connection with the investment.
The minister explained that they are confident that the European Commission will soon include nuclear power plants among sustainable and carbon-neutral energy producers. The Joint Research Centre, under the auspices of the Commission, emphasized in a briefing a few weeks ago that nuclear energy is as sustainable as other renewable energy technologies fundamentally in line with the EU’s climate policy framework.
“It’s getting clearer
Nuclear energy is able to provide clean electricity in large quantities, at reasonable prices, safely and without emitting carbon dioxide,
In addition, it is well planned and predictable for renewables,” said Janos Sole, noting that the aforementioned decision also confirmed that Hungary is on the right track.
Opening photo: MTI / Tamás Sóki