COOKIE NOTICE

We use cookies for analytics, advertising and to improve our site. You agree to our use of cookies by closing this message box or continuing to use our site. To find out more, including how to change your settings, see our Cookie Policy

Egypt & Hungary sign agreement to boost nuclear reactor technology

Egypt has the four reactors in Dabaa, and there is a packs station in Hungary, and these stations use the same technology to generate electricity from nuclear energy, Abdelatty added.

By: Business Today Staff

Tue, Sep. 17, 2024

Egypt signed a memorandum of understanding (MoU) with Hungary for cooperation in the fields of nuclear reactor technology, according to a statement by Minister of foreign affairs, Badr Abdelatty said during a joint press conference with his Hungarian counterpart.

Egypt has the four reactors in Dabaa, and there is a packs station in Hungary, and these stations use the same technology to generate electricity from nuclear energy, Abdelatty added.

During a joint press conference, Minister of Electricity and Renewable Energy, Mahmoud Esmat, praised the accumulated Hungarian experience, noting the importance of cooperation in the field of nuclear reactors between the two countries.

The Dabaa plant, located in the Matrouh governorate in northwestern Egypt, is the country’s first nuclear power plant.

The 4.8 GW plant is being built by Russia’s state-owned nuclear energy corporation Rosatom in collaboration with Egypt’s Nuclear Power Plants Authority (NPPA) and is expected to be fully operational by 2030. Rosatom was contracted in 2015 to build the plant and provide it with fuel.

The project is set to provide about 10% of Egypt’s energy consumption with annual production of up to 37 billion kilowatt-hours of electricity.