In a statement released by his ministry, Szijjarto said "in Hungary, the Russian, US, German and French nuclear industries are present at the same time, and they can work well alongside and with each other. Hungary proves that one of the best fields for reviving civilized East-West cooperation is nuclear energy".

Szijjarto noted that Russia's Rosatom is carrying out the expansion of Hungary's Paks nuclear power plant and added that the next decade will clearly be that of nuclear energy, as global demand for electricity will increase dramatically.

"There are huge players in the nuclear industry both in the East and the West and we cooperate in both directions," Szijjarto said and added that they have agreed with Alexey Likhachev, the CEO of Rosatom, to accelerate the expansion of the Paks nuclear plant as all the conditions for this are in place.

Meanwhile, Szijjarto: Hungary to accelerate Paks II, in spite of 'attacks'

In spite of "attacks" and "attempts to obstruct" the expansion of Hungary's Paks nuclear power plant, the project will be accelerated, Minister of Foreign Affairs and Trade Peter Szijjarto said at the general conference of the International Atomic Energy Agency (IAEA) in Vienna.

In a statement released by his ministry, Szijjarto said the addition of two more blocks with a combined capacity of 2,400 MW at the Paks plant by the early 2030s would boost Hungary's share of nuclear energy to 70pc.

Amid global challenges, he warned of the risk of efforts to divide the world into blocs and said such initiatives ran counter to Hungary's national interests. He added that Hungary advocated a "civilised" cooperation between East and West.

Szijjarto noted that French and German sub-contractors were working for Russia's Rosatom, which was in charge of the Paks II expansion, while Hungary had also reached an agreement on using American technology for small modular reactors.

He said Hungary's diverse nuclear energy portfolio provided the foundation for secure and dependable energy supply in the long term.

He added that energy supply was not a matter of "politics" or "ideology" but of physical reality and geography, and that national energy mixes were a sovereign decision.
 

Szijjarto pointed to increased demand for electricity in future, driven by the electromobility transition, increased cooling and heating needs, and big data centres. He added that nuclear was a "dependable, safe, cheap and environmentally-friendly" source of energy to meet that demand.

 

Source: MTI – Hungary’s national news agency since 1881. While MTI articles are usually factual, some may contain political bias, and readers should be aware that such content does not reflect the position of XpatLoop, which is neutral and independent.

Since the goal of XpatLoop is to keep readers well briefed, right across the spectrum of opinions, MTI items are shared to ensure readers are aware of all narratives within the local media.

XpatLoop believes in empowering readers to form their own views through complete and comprehensive coverage. To facilitate this XpatLoop has a balanced range of news partners, as you can see when you surf around XpatLoop.com

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