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nuclearenergy

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Paks Nuclear Power Plant: Over 16,000 GWH of Electricity in 2025

D&T
Jan 31, 2026

MVM Paks Nuclear Power Plant Ltd. generated 16,097.9 gigawatt hours of electricity in 2025, which, despite four major repairs carried out during the year, is the second highest production result in the plant's history, the nuclear power plant told MTI on Friday. The announcement recalled that at the end of 2015, the nuclear power plant […]

MVM Group Signs Nuclear Contract with Westinghouse

D&T
Nov 8, 2025

Hungarian energy provider MVM Group and US-based Westinghouse signed a contract this Saturday aiming to diversify nuclear energy supplies to Hungary, MVM said, adding that Westinghouse will provide long-term, stable deliveries of VVER fuel for the Paks nuclear plant. Pending permits, deliveries may start in 2028, the statement said. MVM CEO Károly Mátrai said the […]

Paks Plant, a Major Producer of Hungary's Electricity

D&T
Feb 11, 2025

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 […]

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