Hungarian-Romanian alliance to protect the so-called utility price reduction scheme

Hungary and Romania are launching a professional and political collaboration to extend the operational lifespan of the Paks and Cernavodă nuclear power plants, aiming to expedite this process as swiftly as possible, announced Péter Szijjártó, Minister of Foreign Affairs and Trade, on Tuesday in Bucharest.

According to a statement from the Ministry of Foreign Affairs and Trade, the minister reported after his talks in Romania that the neighbouring country has unequivocally become Hungary’s strategic partner and significantly contributes to securing Hungary’s energy supply.

“We share a cooperation grounded in plain common sense when it comes to energy provision. Both countries rely on nuclear power, we are members of the European nuclear coalition, and we stand firm against the ideological attacks launched from Brussels targeting nuclear energy,” he emphasised.

Utility price reduction scheme based on nuclear energy

He pointed out that the long-term guarantee for maintaining Hungary’s reduced utility costs lies in the operation of the Paks nuclear power plant. Accordingly, a decision was made to extend the lifespan of its reactors. Recently, Romania has taken a similar step for its own plant.

“Today, we agreed to initiate a professional and political cooperation on extending the operational life of the Cernavodă and Paks nuclear plants, with the aim of advancing this process as quickly as possible from a technical standpoint, and to ensure Brussels has no grounds to oppose it,” he stated.