AssetID: 55917458
Headline: UNCAPTIONED: Péter Magyar Casts Doubt On Hungary-Russia Nuclear Power Deal
Caption: Péter Magyar Casts Doubt On Hungary-Russia Nuclear Power Deal. Hungarian Prime Minister Péter Magyar has raised doubts over a deal with Russia's state nuclear company Rosatom to expand Hungary's nuclear power capacity. Extreme heat and drought have pushed the Danube River to record lows, cutting output at Hungary's Paks nuclear plant from around a third of national electricity supply to little more than 10%. Magyar questioned the plant's reliance on environmental water for cooling, saying nuclear facilities so exposed to external conditions are no longer being built. Rosatom CEO Alexei Likhachev insisted work on two new Paks reactors remained on schedule despite Hungary's change of government in April. Magyar disputed Rosatom's assessment, saying the Paks II project should have been operational by 2024 under the original contract. He said Hungary had already spent around 1,000 billion forints (€2.8 billion) on a site consisting largely of depots and two large concrete pits. Magyar’s government is conducting a full review of the project, including its financing and cooling arrangements. The agreement was signed by former Prime Minister Viktor Orbán in 2014 and included up to €10 billion in Russian state financing for two new reactors. Instructions: THIS VIDEO MUST NOT BE EDITED FOR LENGTH TO COMBINE WITH OTHER CONTENT
Keywords: Current Affairs & Politics,Péter Magyar,Viktor Orbán,Hungary,Russia,Rosatom,Paks II,Paks nuclear plant,Alexei Likhachev,Danube River,nuclear power,nuclear energy,extreme heat,drought,Russian financing,energy security,Hungary-Russia relations,nuclear reactors
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