Technical malfunction causes Paks reactor trip

Power

The Paks nuclear power plant reported a reactor trip on Thursday caused by a technical malfunction, according to state news wire MTI.

The malfunction caused an automatic shutdown of the plantʼs number four block at 3:45 in the morning, operator MVM Paksi Atomerőmű said on its website.

The trip has no effect on nuclear safety, the operator said, adding that experts are working to resolve the issue.

Each of the plantʼs four blocks has a nominal capacity of 500 MW. Paks accounts for about half of domestic electricity production.

Hungary Account Deficit at EUR 561 mln in Q4 Debt

Hungary Account Deficit at EUR 561 mln in Q4

Moldovan Pensions to be Increased as of April 1 World

Moldovan Pensions to be Increased as of April 1

Schoenherr Names Miklós Klenanc as Head of Local M&A Practic... Appointments

Schoenherr Names Miklós Klenanc as Head of Local M&A Practic...

Hungarian Wine Marketing Agency to Host Summit Drinks

Hungarian Wine Marketing Agency to Host Summit

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.