The Portfolio Investment Forum 2024, which was attended by about 500 participants, focused on key questions of electricity market and energy sector. As a member of the panel discussion on decarbonisation and electrification, Gergely Jákli highlighted that energy safety established in a sustainable way, at affordable price could not be achieved without nuclear power plants.

At the Paks II. project everybody’s working on help the project to be implemented as soon as possible by establishing a more efficient decision-making and organizational structure. The CEO added that the Paks II. NPP will not be a balancing plant, but the new VVER-1200 units will have more margins for following schedule than the current operating ones. – This means that their capacity can be controlled over a wide range, from 50-100% of rated capacity, twice a day, subject to compliance with appropriate limits and cycle numbers. That is a maximum of 2 times a day, 5 times a week and 200 times a year – Gergely Jákli explained. He also said that the reactors of the Paks II. NPP are designed to be able to follow the schedule basically by changing the steam pressure of the main steam header and changing the position of the control rods and/or boric acid concentration.

Alongside Gergely Jákli CEO, Zsófia Beck, managing director and partner for energy and sustainability at BCG, Gábor Králik, vice president for energy of the Hungarian Energy and Public Utility Regulatory Authority, Péter Luczay, ALTEO Group’s deputy CEO, Károly Mátrai, CEO of MVM Group, Eszter Szekeres, managing director of MET Central Europe and Balázs Torda, CEO of OPUS TIGÁZ and OPUS TITÁSZ, also participated In the special executive panel discussion, led by Attila Weinhardt, power market analyst and energy economist of Portfolio.

The Forum, held in Budapest on 10 October 2024, offered a varied professional program. In six sessions, approximately 50 speakers and panellists – including a number of decision-makers and company leaders – discussed the situation and future of the sector. The first session of the conference focused on the situation and future of the Hungarian energy sector, besides, it also addressed energy efficiency and energy trading. There was a discussion about the challenges facing the electricity market, including the advancement and effect of solar power plants, as well as to the integration of energy producers and system management issues.