Nuclear energy still dominates Hungarian energy sector – Hungary, 13 May 2016

Auditing company PricewaterhouseCoopers (PwC) said in the report that nuclear energy still has high political support in Hungary and with announced investment in the expansion of country’s sole nuclear power plant Paks it is expected that it will continue to dominate the Hungarian energy market in the future.
On the other hand, the EU is pressuring Hungary to invest more in renewable energy, however there is low interest in investments in this field among companies. According to PwC, the Government has strong influence on energy prices in Hungary and it has decreased energy bills for households by a cumulative 25 % in the last few years.

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