Hungarian Minister of Foreign Affairs: Nuclear energy is key to Hungary's economy.

Speaking at the opening of the pavilion of the Hungarian Export Promotion Agency, Sijarto emphasized that the rapid growth of global demand for electric energy, driven by the transition of the automotive industry to electric vehicles, the expansion of industrial production, and the development of large data centers, has set new priorities in energy policy.

The minister stressed that an ideal energy source must meet several criteria: supply stability, security, affordability and environmental sustainability. And in his view, only nuclear energy currently meets all these conditions.

Precisely for these reasons Sijarto confirmed Hungary's full commitment to expanding nuclear capacities, stressing that atomic energy is essential to ensure secure supply in the coming decades and added: “without atomic energy, it would be impossible to maintain the lowest electricity prices in Europe” and added: “we are committed to sharing our nuclear knowledge. We want to contribute to global technological development while rejecting the discrimination against nuclear energy that has persisted and is contrary to our national interests," concluded Sijarto.

The minister stressed that the nuclear industry, with more than 50 years of experience in working with nuclear technology, has strategic significance for the future growth of the Hungarian economy. This long-standing expertise has made the domestic industry internationally competitive, and as an example he cited Hungarian dry cooling technology, which has aroused great interest abroad.

We also add that Hungary is currently working on extending the lifespans of the existing reactors and constructing two new blocks at Paks, with a total capacity of 2,400 megawatts. And at the Paris exhibition, six Hungarian companies were presented offering solutions ranging from thermotechnics and automation to robotics and digitization, and many of them participate in the Paks expansion project.