Hungary may call tender for nuclear power plant expansion by end-2013

By bne IntelliNews July 15, 2013

The Hungarian authorities could call a tender for the expansion of the country’s sole nuclear power plant Paks before the end of the year, Hungary Around the Clock reported. The government wants to build two more nuclear reactors, to be operational between 2020 and 2030.

According to representative of the project management company five reactor types can be considered. Russia's Rosatom, US-Japanese Westinghouse, South Korea's APR-1400, Japanese Mitsubishi and French-German ERP are the possible candidates.

The plant currently runs four Russian VVER-type reactors with a combined capacity of about 2,000MW.

Paks generated a record high of 15,793 GWh of electricity last year, up 0.7% y/y. It accounted for more than 45.9% of the domestic energy production.

Related Articles

Russia for first time overtakes Turkmenistan in gas exports to China

Russia in February for the first time overtook Turkmenistan on a monthly basis to become the largest pipeline supplier of natural gas to China, according to General Administration of Customs of China ... more

Ukraine's DTEK seeks $350mn to restore energy capacity after Russian attacks

Ukraine's leading private energy company, DTEK, has sounded the alarm, indicating an urgent need for $350mn to recuperate lost capacity resulting from Russia's relentless assaults on thermal power ... more

France's spending on Russian LNG surges to over €600mn this year

France's spending on Russian liquefied natural gas (LNG) surged to over €600mn this year, EU data reveals, Politico reports. The increase comes as French President Emmanuel Macron becomes ... more

Dismiss