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Hungarian government considers nuclear power a must for energy security

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There are a lot of wild nuclear bets in the market. One enrichment company holds a strong hand. Uranium enrichment—a key step in making nuclear fuel—is a unique corner of the energy market. Only two companies, both in Europe, hold enrichment capacity outside Russia and China. American company Centrus Energy LEU 1.30%increase; green up pointing ...

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Hungarian government considers nuclear power a must for energy security

Nuclear power remains an indispensable tool for Hungary to ensure energy supply security and achieve its climate objectives amid ongoing geopolitical instability, Hungarian State Secretary for Energy András Tótth declared. At the FIRST Europe regional conference on the potential deployment of small modular reactors (SMRs), Secretary Tótth emphasized that the government in Budapest remains fully ...