Companies From Hungary, West Among Paks II Subcontractors

Power

Companies from the United States, France, Germany, Sweden, and Austria, in addition to 94 Hungarian companies, have signed contracts so far as subcontractors for the expansion of the Paks nuclear power plant, Minister of Foreign Affairs and Trade Péter Szijjártó said at a parliamentary committee hearing on Monday.

He said nuclear energy was safe, cheap, and environmentally friendly, adding that debates over the use of nuclear energy in the European Union were the result of "political-ideological" issues rather than "rationality".

He noted that 65pc of electricity generated in Hungary was carbon-neutral, mainly due to the use of nuclear energy. The share of solar power in the energy mix rose to 13% last year, as solar capacity has reached 5,400 MW this year, including over 2,100 MW generated by home solar panels, he added.

The addition of two more blocks at the Paks nuclear power plant will cut Hungary's CO2 emissions by 17 million tonnes and replace 3.5 billion cubic meters of imported gas a year, he said. Putting that impact in context, he noted that emissions of the country's transport sector added up to 12 million tonnes a year.

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