MVM is not pleased with NPP Paks expansion project – Hungary, 1 June 2016

Hungarian state-owned energy company MVM believes that the market price of produced electricity will not be high enough in order to justify the investment in the construction of two additional reactors at the country’s sole nuclear power plant Paks.
According to the company’s new strategy for the period 2016-2020, electricity prices amounted to 90-100 euros/MWh several years ago, but the current price is about 30 euros/MWh with no indications that it will increase in the foreseeable future.

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