World

Hungary shuts down only nuclear power plant amid drought

Aug 03, 2026

Budapest [Hungary], August 3: Hungary announced it would shut down its only nuclear power plant after record-low levels on the Danube River reduced the water available for cooling its reactors.
Prime Minister Peter Magyar said the Paks Nuclear Power Plant in central Hungary would be powered down on Sunday, the first full shutdown in its 44-year history. The plant supplies nearly half of Hungary's electricity. Magyar said output had fallen to 965 megawatts on Friday and to 240 overnight, far below the normal 2,000.
The Soviet-built, four-reactor plant south of Budapest siphons water from the Danube for cooling, but low river levels have impacted its pumps' ability to draw in enough water.
A river level of minus 134cm at Paks forces a full shutdown, and the level is expected to fall as low as 144cm, far below the previous 98cm record set in 2018.
The Danube, which flows from Germany to the Black Sea, is one of several European rivers whose levels have fallen due to months of heat and drought, leading Hungary to place more than 100 cities and villages under water-use restrictions.
The government also requested that companies that use large amounts of water for operations voluntarily reduce their consumption to help stabilise the situation.
The record-breaking climate event has also disrupted shipping, tourism, agriculture and industry in the country, which was already beset by years of sluggish growth.
Slovakia's Prime Minister Robert Fico announced that his country was "closely monitoring the energy situation" and was ready to help.
Europe has weathered successive heatwaves since May.
Source: Qatar Tribune

More news

Visa and ISG Launches Visa Payment Passkey to Enable Passwordless, Secure Digital Payments at GFF 2026

Mumbai (Maharashtra) [India], September 18: In-Solutions Global (ISG), a Mumbai-headquartered payment technology company serving banks and financial institutions across India, the Middle East, Africa, Australia, APAC and Europe, in collaboration with Visa, a global leader in digital payments, recently announced at Global Fintech Fest (GFF) 2026 the launch of Visa Payment Passkey, enabling cardholders to authenticate online and in-app payments using device biometrics or a device PIN instead of one-time passwords (OTPs).. ISG and Visa presented the capability live on the ISG stage at the Jio World Convention Centre, Mumbai.

Sep 18, 2026