Supported byClarion Energy
HomeSEE Energy NewsHungary: Is it...

Hungary: Is it about NPP Paks or future energy security?

The question is not whether the two new reactors of Paks should be built but how other power plants will be built in the next decade so that Hungary’s electric power supply should remain secure.

MAVIR Pte. Ldt. [(the manager, operator and owner of the Hungarian electricity transmission grid] says that in the period until 2030 Hungary will need additional electric capacity of 7300 MW, especially to replace old, decommissioned power plants. In Hungary today 71 percent of electric power is generated by two power plants: Paks and Mátra coal-fired power plant. Thirty percent of Hungary’s electricity consumption – about 12 terawatt hours – is covered from import because the majority of domestic natural-gas fired power plants cannot compete with inexpensive, imported electricity. Much of imported electricity comes from Ukraine, the Czech Republic and Poland.

Electricity imported from Ukraine is from coal-fired power plant in 100 percent, the Czech Republic: 51 percent and from Poland: 83 percent. Those power plants cannot operate cost-efficiently for long, and the existing reactors of Paks will have to be shut down between 2032 and 2037. If the new reactors were not commissioned, Hungary’s reliance on imported energy would rise above 50 percent, which would mean high exposure.

Supported byClarion Owners Engineers
Supported byspot_img
Supported byspot_img

Latest News

Supported byspot_img
Supported bySEE Energy News

Related News

EU proposal could transform green certificate and CBAM electricity trade in Western Balkans

A European Commission proposal to recognise renewable Guarantees of Origin from Energy Community countries could increase the commercial value of Western Balkan renewable electricity, while leaving the significantly stricter evidence requirements under the Carbon Border Adjustment Mechanism unchanged. The proposal,...

EPS opens renewable M&A channel for Serbian wind, solar and hybrid projects

Serbia’s state-owned power utility EPS has opened a formal channel to acquire or partner with privately developed renewable energy projects of at least 50 MW, creating a potential exit opportunity for developers as grid access, financing and market conditions...

EU moves to open green certificate market to Western Balkan renewable generators

The European Commission has proposed mutual recognition of renewable Guarantees of Origin (GOs) between the European Union and the Energy Community, a move that could increase the commercial value of renewable electricity produced in Serbia, Montenegro, Albania, North Macedonia...
Supported byVirtu Energy