• Hungarian forint
  • Budapest
  • Police news
  • HelloMagyar
Fidesz: Sanctions mustn’t restrict Hungary’s energy supplyFidesz: Sanctions mustn’t restrict Hungary’s energy supplyFidesz: Sanctions mustn’t restrict Hungary’s energy supplyFidesz: Sanctions mustn’t restrict Hungary’s energy supply
  • Politics
  • Business
  • Society
  • Sport
  • Culture
  • Special Hungary
  • News To Go
  • World
  • Contact Us
  • About us
  • About us
  • Contact Us
  • Privacy Policy
✕
Important
  • Wizz Air launches new service to Sweden

Support us
Daily News Hungary Daily News Hungary · 21/11/2022
· Politics

Fidesz: Sanctions mustn’t restrict Hungary’s energy supply

Hungary’s energy supply security cannot be restricted by any kinds of sanctions, the minister of foreign affairs and trade told the Atomexpo forum in Sochi on Monday, adding that determining the country’s energy mix was a national competence.

Hungary’s energy mix being a strictly national issue is the number one fundamental principle of the country’s energy strategy, Péter Szijjártó told a panel discussion, according to a statement by the foreign ministry.

Another principle is enabling investments needed to ensure energy security, he said, adding this meant that in the absence of resources of its own, Hungary opted to expand nuclear capacities. Any measure that would hamper this would be an attack on Hungary’s national sovereignty, he said.

Szijjártó mentioned energy diversification as another important goal. He added, however, that there was a disagreement as to the definition of diversification, which Hungary believed meant having as many energy sources available as possible, rather than the exclusion of certain sources.

  • Read also: VIDEO: Israeli radar system to arrive in Hungary next year

Hungary’s government considers carbon neutrality a practical issue rather than an ideological one, the minister said, insisting that certain European political movements had “expropriated” the matter which he said should primarily be about environmental protection.

Szijjártó said nuclear plants were the most reliable, cheapest and most eco-friendly means of producing energy, arguing that the upgrade of Hungary’s nuclear plant in Paks will prevent the emission of 17 million tonnes of carbon dioxide each year.

Meanwhile, the minister said that the government’s scheme to keep household utility bills low put Hungary in a “unique position” in Europe. Since 2013, the government has been allocating a significant amount of resources towards cutting utility prices, so the current price increases weigh heavily on the state budget, he said.

Europe’s energy market was experiencing a “golden age” up until the first half of 2021 thanks in large part to a combination of advanced Western technologies and cheap Russian energy sources, Szijjártó said. But the necessary infrastructure upgrades had not been carried out, he added.

  • Read also: Gap in the market: Utility costs may change in Hungary

Hungary, on the other hand, “did its homework” and signed long-term energy supply agreements, linked its energy grid with those of six of its seven neighbouring countries and approved the upgrade of its nuclear plant, Szijjártó said.

The unpredictability of the international energy market means countries must be as self-sufficient as possible, which in Hungary’s case can only be guaranteed by nuclear energy, he said. Hungary is also investing in solar energy, which, together with the expansion of nuclear capacities, will allow for 90 percent of the electricity consumed to be generated domestically by 2030, the minister said.

fuel Gas station petrol
Read alsoFuel shortage has already reached the big cities of Hungary!

Source: MTI

If you would like to support the work of the Daily News Hungary staff and independent journalism,
please make a donation here
energy EU sanctions against Russia Foreign Affairs Ministry of Hungary Hungary
Share

Hot news

  • President Novák: Starting a family will save the world

  • VIDEO: Corrupt border policemen caught by Hungarian Counter Terrorism Centre

  • Economic development minister in talks with Azeri counterpart

  • 18+ VIDEO – Hungarian horror slaughterhouse: Rusty saw, bloody floor

  • 28th International Book Festival to be held in Budapest

  • EUR 1.80/litre for petrol to soon become reality in Hungary – is this Putin’s revenge?

1 Comment

  1. Norbert says:
    21/11/2022 at 17:42

    Energy diversification??? Plan? Well – the writing was on the wall:

    Let’s take a look at the National Energy and Climate Plan of Hungary

    https://energy.ec.europa.eu/system/files/2022-08/hu_final_necp_main_en.pdf

    THIRTY EIGHT mentions of Russia, including “dependency”, “reliance”, the Russian-Ukrainian conflict (which was already in the 2018 draft), worth a little browse (I know we never ask our Politicians pesky questions – this will give anyone a good route map should one wish to do so).

Leave a Reply

Your email address will not be published. Required fields are marked *

SUPPORT US
  • Facebook
  • Twitter
  • Instagram

Must read

Subscribe to our newsletter

Sign up to receive daily updates, news & stories about Hungary!

Select your location below or enter your country so we can deliver our morning newsletters to you in time.

Thank you!

You have successfully joined our subscriber list.

.

Contact us

About us

Copyright rules

Privacy policy

Advertise with us

© 2023 DailyNewsHungary. All rights reserved! | Server and development by Svigelj Levente E.V
<strong> President Novák: Starting a family will save the world </strong>

President Novák: Starting a family will save the world

Read More
VIDEO: Corrupt border policemen caught by Hungarian Counter Terrorism Centre

VIDEO: Corrupt border policemen caught by Hungarian Counter Terrorism Centre

Read More
Economic development minister in talks with Azeri counterpart

Economic development minister in talks with Azeri counterpart

Read More
18+ VIDEO – Hungarian horror slaughterhouse: Rusty saw, bloody floor

18+ VIDEO – Hungarian horror slaughterhouse: Rusty saw, bloody floor

Read More
28th International Book Festival to be held in Budapest

28th International Book Festival to be held in Budapest

Read More
EUR 1.80/litre for petrol to soon become reality in Hungary – is this Putin’s revenge?

EUR 1.80/litre for petrol to soon become reality in Hungary – is this Putin’s revenge?

Read More
Hungary, Slovakia open new border crossing

Hungary, Slovakia open new border crossing

Read More
Hungary celebrates 75 years as UNESCO member

Hungary celebrates 75 years as UNESCO member

Read More
<b> What happened today in Hungary? – 26 September, 2023 </b>

What happened today in Hungary? – 26 September, 2023

Read More
Slovak Alliance politicians ‘unifying’ ethnic Hungarian forces

Slovak Alliance politicians ‘unifying’ ethnic Hungarian forces

Read More
  • 0
  • 1
  • 2
  • 3
  • 4
Have you read it?