Press release

The Paks Nuclear Power Plant had an outstanding year

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Hungary’s cleanest and cheapest electrical power generation plant – the Paks Nuclear Power Plant – had an outstanding fiscal year and great results were reached at both from the safety, the availability and the production perspective – had been said at the year beginner press conference of the company at the Hungarian Academy of Sciences.

After 2010 – from the production perspective – the company had the 2nd best historical year in 2011. Last year the Paks Nuclear Power Plant had produced 15.685 GWh – which is 43, 25 % of the total Hungarian production – to ensure the safe electricity supply of Hungary. Csaba Baji the chairman of the board of directors of the Paks Nuclear Power Plant and the chairman of BOD and CEO of MVM Zrt. highlighted that the most important goal of this year is the safe and economical operation of the units. The Paks Nuclear Power plant will further on be the most determinative and cheapest electricity producing company in Hungary, last year the average load factor was almost 90%. According to the annual poll the trust of the population is continuously high in 2011 – even against the challenges of the nuclear industry last year – almost the ¾ (73%) of the Hungarian population agrees to operate nuclear units in Hungary.

István Hamvas the CEO of the Paks Nuclear Power Plant in accordance with the Targeted Safety Reassessment have said that the results of the inspection show that the units of the power plant meet the requirements of the national regulator. The improvements, the execution of the safety enhancement actions will continue: the experts also design such technical solutions which can increase the reserves against excessively small probability impacts and can further enhance the protection of the power plant.

The CEO of the corporation amongst the challenges of 2012, besides the safe and economic operation has highlighted the tasks of the license renewal process. Stated: that in 2011 they had progressed in accordance to the program. All the necessary documentations and the application for the permit for the 1st unit’s license renewal had been presented to the Hungarian Atomic Energy Authority’s Nuclear Safety Division for approval on the 5th December 2011.  

30 January, 2012, Paks

István Mittler
Manager of Communication