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Péter Szijjártó, Hungarian Minister of Foreign Affairs and Trade, said the upgrade of the Paks nuclear plant is on schedule, adding that the project would ensure Hungary’s energy security, preserve the utility bill caps and further boost environmental protection.
Work on the expansion of the Paks nuclear power plant is proceeding smoothly, that will enable Hungary to maintain its energy security.
Hungary is already facing electricity supply challenges, and electricity demand is expected to grow even further in the 2030s.
Hungary is basing its future on renewable energies and nuclear energy due to the volatility of electricity and natural gas prices.