Hungary Power Report Q2 2014 - New Study Released
Hungary's long-term power security looks more assured following the confirmation in February that the Russian government will provide a EUR10bn loan for the upgrade of the Paks nuclear power plant. However, the work constructing two new reactors is set to be completed in 2023/24, meaning the increased capacity will not come online during the course of our forecast period, with Hungary set to remain a net energy importer over the next decade.
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