Hungary mulls paks NPP decommissioning Fund Pause to Cut Power Prices
, NewsZsuzsanna Nemeth, a state secretary at the prime minister’s office, said substantial funds had been accumulated in the nuclear fund and it would not hinder the future decommissioning process if payments were suspended “for a certain period.”
Hungary may suspend payments into a fund for the future decommissioning of reactors at the Paks nuclear plant to finance more electricity price cuts, a senior government official said on Thursday, as reported by Reuters.
Zsuzsanna Nemeth, a state secretary at the prime minister’s office, said substantial funds had been accumulated in the nuclear fund and it would not hinder the future decommissioning process if payments were suspended “for a certain period.”
But she said this could only be carried out after talks with relevant EU and other international bodies to avoid any impact on the expansion of the Paks nuclear plant by Russia’s Rosatom.
Since 1998, the Paks nuclear plant has been paying billions of forints a year into the fund.
Prime Minister Viktor Orban’s government has cut energy bills several times for households in recent years, helping him to get re-elected in 2014. The government has flagged further possible cuts for both households and industry.
The next elections are due in 2018.
source: publics.bg
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