Europe: TTF gas prices...

In late October 2025, TTF gas futures remained relatively stable, trading in the...

Region: SEE power prices...

During Week 44 of 2025, electricity prices in Southeast Europe (SEE) declined slightly...

Romania: Econergy secures €25...

Israeli renewable energy company Econergy Renewable Energy has secured a €25 million project...

Montenegro: EPCG completes modernization...

Montenegrin state-owned power utility EPCG has completed the reconstruction and modernization of Unit...
Supported byClarion Energy
HomeSEE Energy NewsHungary: Paks nuclear...

Hungary: Paks nuclear power plant achieves fifth-highest production record in 2024

Hungary’s only nuclear power plant, Paks, operated by the state-owned energy company MVM, closed 2024 with its fifth-highest production record in history. The plant’s four reactors produced a total of 16,016.6 GWh of electricity, which accounted for nearly half of Hungary’s gross electricity generation and about one-third of the country’s total electricity consumption.

Since its inception, the plant has helped prevent approximately 250 million tons of carbon dioxide emissions, playing a crucial role in reducing Hungary’s carbon footprint.

The Operational Safety Review Team (OSART) report recognized four best practices at the plant, including proprietary software that accurately predicts potential incidents and their consequences. This innovation has since been incorporated into global nuclear industry standards. In the third quarter of 2024, NPP Paks was ranked among the top 30% of nuclear power plants worldwide. Additionally, all four of its reactors were listed in the top 25% in a comparison of nearly 150 units at the World Association of Nuclear Operators (WANO) Paris Center.

Supported byOwner's Engineer banner

Recent News

Supported byspot_img
Supported byspot_img

Latest News

Supported byspot_img
Supported bySEE Energy News

Related News

Europe: TTF gas prices remain stable around €31–32/MWh as European demand and LNG growth slow

In late October 2025, TTF gas futures remained relatively stable, trading in the €31–32/MWh range. The completion of maintenance at Norway’s Troll gas field and forecasts of mild, windy weather through mid-November were the main factors supporting steady prices. On...

Region: SEE power prices ease in Week 44 as demand and renewables decline

During Week 44 of 2025, electricity prices in Southeast Europe (SEE) declined slightly compared to Week 43, driven by milder weather and reduced demand. Despite the drop, most SEE markets maintained average weekly prices above €100/MWh, with the exception...

Romania: Econergy secures €25 million financing from Vista Bank for 56 MW solar project

Israeli renewable energy company Econergy Renewable Energy has secured a €25 million project financing agreement with Vista Bank Romania to support its 56 MW Scurtu Mare solar power plant located in Teleorman County, southern Romania. The new financing facility will...
Supported byVirtu Energy
error: Content is protected !!