Greenpeace sends EC objection to Paks upgrade

History

wikimedia commons

Environmentalist NGO Greenpeace sent a formal notice to the European Commission in objection to Hungary’s upgrade of the country’s sole nuclear power plant in Paks, Hungarian news agency MTI reported today.

The NGO believes the project violates European directives on state aid, public procurement and electricity capacity tenders. Greenpeace added that if the upgrade is completed, it would restrict competition on the Hungarian and EU electricity markets, MTI reported.

The Austrian government on February 10 sent a formal letter of complaint to the European Commission outlining its objections to the Paks upgrade, Hungarian news agency MTI reported earlier. The Hungarian Prime Minister’s Office said in response that it was not surprised by Austria’s formal objection as it had earlier made similar complaints regarding a power plant in the United Kingdom.

Since coming under investigation by the EC, Hungary has failed to provide sufficient information supporting its argument that a planned upgrade does not confer the power generator with an unfair economic advantage, the European Commission said in a report released on January 12, although the government refuted the report, which describes concerns first officially flagged by the EC in November, according to MTI.

Hungary Gasoline Prices 3% Over Regional Avg Energy Trade

Hungary Gasoline Prices 3% Over Regional Avg

Gov't Wants Sustainable Business Model for Magyar Posta Government

Gov't Wants Sustainable Business Model for Magyar Posta

120,000 Guest Workers Employed in Hungary HR

120,000 Guest Workers Employed in Hungary

Budapest Airport Wins 'Best Airport in Eastern Europe' for 1... Awards

Budapest Airport Wins 'Best Airport in Eastern Europe' for 1...

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.