Hungary’s State-Owned Energy Group MVM Ties Up With US Institute

  • 23 Feb 2015 8:00 AM
Hungary’s State-Owned Energy Group MVM Ties Up With US Institute
Hungary’s state-owned energy group MVM has signed an agreement on cooperation in research and development with the Electric Power Research Institute (EPRI) of the US in order to improve security and efficiency in Hungary’s Paks nuclear plant.

EPRI has a 170 million US dollar budget for nuclear-related research this year. Main areas of research include treatments in aging process, substance analysis, enhancing reliability of fuel and instalments, leading nuclear technologies and treatment of nuclear waste.

EPRI’s results will be shared with MVM, and the US institute can join research programmes to help Hungary’s Paks nuclear power plant to meet current challenges, the announcement said.

The Paks (C Hungary) plant has been constructed by the Soviet Union, and last year Hungary signed an agreement with Russia to expand it by 2025.

The agreement is an important step in enhancing security and efficiency in the Paks nuclear plant, while Hungarian experts will increase EPRI’s professional potential, the signatories said.

EPRI is an independent non-profit organisation which is in contact with 80pc of the world’s nuclear plants.

Source www.hungarymatters.hu

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