{"id":11779,"date":"2014-01-15T12:00:00","date_gmt":"2014-01-15T09:00:00","guid":{"rendered":"https:\/\/vo.afonico-test.ru\/novosti-otrasli\/more-russian-reactors-for-paks\/"},"modified":"2014-01-15T12:00:00","modified_gmt":"2014-01-15T09:00:00","slug":"more-russian-reactors-for-paks","status":"publish","type":"post","link":"https:\/\/vosafety.ru\/en\/novosti-otrasli\/more-russian-reactors-for-paks\/","title":{"rendered":"More Russian reactors for Paks"},"content":{"rendered":"

A nuclear cooperation agreement has been signed between Hungary and Russia, which includes the construction of two new units at Hungary\u2019s Paks nuclear power plant. Russia has said it will provide financing for the units.<\/strong><\/h4>\n

The cooperation accord was signed during a meeting of Hungarian prime minister Viktor Orban and Russian president Vladimir Putin in Moscow yesterday. The document was signed by Hungary\u2019s minister for national development Zsuzsa N\u00e9meth and the head of Russia\u2019s state nuclear corporation Rosatom Sergey Kiriyenko.<\/p>\n

Under the agreement, Russia is to build two new reactors at the existing four-unit Paks plant, supply their fuel and train staff for their operation. It has also agreed to provide a loan for construction of the units. The first new unit is to be commissioned in 2023.<\/p>\n

Following the signing, Kiriyenko said that work on calculating the cost of the project has just begun and the amount of the loan \u201chas not been decided\u201d. However, he noted that a forecast had put a \u20ac10\u00a0billion ($13.6\u00a0billion) ceiling on the loan, \u201cbut the final amount will be lower\u201d.<\/p>\n

\u201cThis is a unique agreement since 40% of all the work will be performed in Hungary\u201d, Kiriyenko noted. \u201cThis means that an estimated $3\u00a0billion will be spent to maintain jobs in Hungary and the country\u2019s budget will receive over $1\u00a0billion in tax\u201d. He added, \u201cThe commissioning of the two new units will undoubtedly enhance Hangury\u2019s energy independence and improve its security\u201d.<\/p>\n

The cooperation agreement with Russia will now be submitted to Hungary\u2019s National Assembly for approval.<\/p>\n

Rosatom spokesman Sergei Novikov was cited by RIA Novosti as saying that three documents were signed by Rusatom Overseas, state-owned Hungarian Power Companies Ltd (Magyar Villamos M\u0171vek<\/em>, MVM) and the Paks plant setting out the basic conditions for the supply of the reactors and their fuel. \u201cAccording to the signed documents, contracts required to transfer the active phase of the project must be drafted and signed this year\u201d, he said.<\/p>\n

Expanding Paks<\/h4>\n

Paks currently comprises four Russian-supplied VVER-440\u00a0pressurized water reactors, which started up between 1982\u00a0and 1987. Though originally 440\u00a0MWe gross, the units have been upgraded and will be modified further to give 500\u2013510\u00a0MWe gross. In 2004, the parliament economic committee decided upon a 20-year life extension project for the four units. The plant currently generates almost 40% of Hungary\u2019s electricity.<\/p>\n

The construction of new reactors at the Paks site has been proposed in order to meet future electricity demand. In March 2009, the Hungarian parliament gave its overwhelming preliminary support to a government proposal to begin the detailed preparation for the construction of new nuclear generating capacity at the Paks plant.<\/p>\n

Paks had been expected to issue an invitation to tender in 2012, with a decision in 2013. It had been considering five PWR reactor types: Areva\u2019s EPR; the Areva-Mitsubishi Atmea1; AtomStroyExport\u2019s VVER-1000\u00a0or -1200; the Westinghouse AP1000\u00a0and Korea\u2019s APR-1400. Rosatom in June 2012\u00a0was reported as saying that it was prepared to fully fund the new units.<\/p>\n

However, it now appears that Hungary has already selected Russia as the supplier without holding the tender, although the capacities of the new VVER units are yet to be disclosed.<\/p>\n","protected":false},"excerpt":{"rendered":"

A nuclear cooperation agreement has been signed between Hungary and Russia, which includes the construction of two new units at Hungary\u2019s Paks nuclear power plant. Russia has said it will provide financing for the units. The cooperation accord was signed during a meeting of Hungarian prime minister Viktor Orban and Russian president Vladimir Putin in…<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15],"tags":[],"class_list":["post-11779","post","type-post","status-publish","format-standard","hentry","category-novosti-otrasli"],"translation":{"provider":"WPGlobus","version":"3.0.6","language":"en","enabled_languages":["ru","en"],"languages":{"ru":{"title":true,"content":true,"excerpt":false},"en":{"title":false,"content":false,"excerpt":false}}},"acf":[],"yoast_head":"\nMore Russian reactors for Paks - JSC \u201cVO \u201cSafety\u201d<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/vosafety.ru\/novosti-otrasli\/more-russian-reactors-for-paks\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"More Russian reactors for Paks - 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