Design phase of Paks nuclear plant underway


The planning phase of the Paks upgrade has begun, Gennady Ershov (pictured), deputy-chief engineer of the St. Petersburg-based Atomproekt, announced at a press conference in Budapest today, Hungarian news agency MTI reported.

Atomproekt, a division of Russiaʼs state utility Rosatom, is the engineering company responsible for the upgrade of Paks, which is Hungary’s sole nuclear power plant.

Two new 1,200 megawatt blocks will be added at the plant, and they are being designed to conform to guidelines set by the International Atomic Energy Agency (IAEA) for third-generation nuclear reactors, Ershov said. The lifespan of the new blocks will be extendable.

The blocks are designed to withstand 60 years of use at 100% capacity, but they are expected to operate at anywhere between 50-100% of capacity, Ershov said.

Ershov noted that the progress of the work is contingent on the completion of various studies and the receipt of the necessary permits.


European e-commerce soars during pandemic - study Analysis

European e-commerce soars during pandemic - study

Lawmakers approve 2022 budget Parliament

Lawmakers approve 2022 budget

Duncan Graham reelected as BCCH president Appointments

Duncan Graham reelected as BCCH president

Chain Bridge to be closed for traffic for 18 months City

Chain Bridge to be closed for traffic for 18 months


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.