MVM Paksi Atomerömű Zrt, the operator of the 1.9 GW Paks nuclear power plant in Hungary, has submitted an extension plan for the nuclear plant to the European Union. The operator plans to extend the lifetime of the nuclear plant by 20 years, until the 2050s (between 2052 and 2057).
The existing four VVER-440 reactors at Paks have been commissioned between 1982 and 1987 and had an initial lifetime of 30 years. Their lifetime was already extended by 20 years in 2005, to between 2032 and 2037. The power plant currently produces almost half of the electricity in Hungary.
Two additional reactors are currently under construction at Paks (Units 5 and 6, 1.2 GW each). The two VVER-1200 reactors are being developed by Russia's state-owned nuclear corporation Rosatom under a 2014 deal signed between the two countries. They are planned for completion in 2029 and 2030 respectively.