In the context of the energy crisis in Europe, nuclear power plays a particularly important role in ensuring energy security and sustainable energy supply
Budapest, May 27 - Neftegaz.RU.
Hungarian Atomic Energy Authority (HAEA) issued on May 26, the license for groundwater cut-off construction for the Paks 2 NPP project.
Groundwater cut-off will protect the construction site as well as operating Paks NPP from groundwater penetration.
Following the construction of the groundwater cut-off, excavation works on the Paks 2 site will commence.
Currently, HAEA is reviewing construction license
application needed for these works to begin.
Preparations are already underway for soil stabilization and the construction of diaphragm walls at the construction site while the construction base is being prepared.
Paks 2 NPP is built based on the Russian-Hungarian intergovernmental agreement signed on January 14 2014 by the general contractor ASE EC, a subsidiary of Rosatom
The current energy situation highlights the importance
of the Paks 2 project for Hungary.
The project envisages 2 VVER-1200 PWR units being implemented within the framework of international cooperation.
The 2 new units at Paks will start commercial operation in 2029-2030.
The power plant will be built on a turnkey basis, with Russia providing a preferential loan of 80% of the total construction cost of the 2 new units, which amounts to €12.5 billion