Paks Plant, a Major Producer of Hungary's Electricity

MVM Paks Nuclear Power Plant Plc. closed 2024 with the fifth highest production result in its history, with the plant's four units producing a total of 16,016.6 GWh of electricity, which is almost half of the gross Hungarian electricity production and one third of the gross domestic consumption, the company informed MTI on Tuesday.

The Paks plant has prevented a total emission of nearly 250 million tons of carbon dioxide so far, the statement said.

The statement recalled that last year, the International Atomic Energy Agency (IAEA) recognized Paks' commitment to safe and reliable operation in its ten-yearly comprehensive safety review.

The OSART investigation report also recorded four 'good practices' at Paks, including proprietary software that accurately and reliably predicts the timing of an initial event and the important events that may result from it, which are now embedded in the international nuclear industry's professional community, they said.

They pointed out that in the third quarter of 2024, the plant was ranked in the top 30% of the list of all the world's nuclear power plants, and all four units were in the top 25% of a list comparing some 150 units at the WANO (World Association of Nuclear Operators) Paris Center.