V4 presses to make nuclear power 'sustainable' in EU taxonomy

Power

János Süli, Hungary's minister in charge of the upgrade of the Paks nuclear power plant, on Thursday signed a declaration with representatives of the governments of the Czech Republic, Poland, and Slovakia urging the European Commission to classify nuclear power as a sustainable energy source, according to a report by state news wire MTI.

The declaration signed in Paks states that strengthening energy sovereignty and energy security, maintaining affordable energy prices and decarbonizing energy production is only possible by using nuclear energy along with renewable energy resources.

The Visegrád Group countries are committed to the use of nuclear energy to achieve the EU's carbon neutrality goals, the government of Hungary said on its official website.

ADVERTISEMENT

Watchdog Clears Final Step of Magyar Bankholding Tie-up Banking

Watchdog Clears Final Step of Magyar Bankholding Tie-up

IMF Urges Hungarian Authorities to Carry out Structural Refo... Government

IMF Urges Hungarian Authorities to Carry out Structural Refo...

Futureal Integrates Commercial Development, Asset Management... Residential

Futureal Integrates Commercial Development, Asset Management...

Nyugati Renovation Continuing City

Nyugati Renovation Continuing

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.