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.
Péter Szijjártó highlighted that it is in both countries’ interests to increase the share of nuclear energy, as this allows them to provide a domestically produced, reliable, and affordable energy source.
“The reduced utility costs can only be defended with nuclear power because it’s the energy we produce ourselves, cheaply and reliably. The greater the nuclear capacity in the country, the better we can protect the benefits of reduced utility bills,” he elaborated.
“Therefore, we are extending the lifespan of the existing reactors at the Paks plant, and the Romanians are doing the same with their own plant, cooperating to ensure success for both of us,” he concluded.
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