Nuclear energy is the solution to the growing demand for electricity

11/21/25 11:46 AM
A technological revolution is taking place worldwide, which is exponentially increasing the demand for electricity, Gergely Jákli emphasized in Dubai.

In the current geopolitical environment, Central and Eastern Europe's energy security rests on three pillars: diversified supply, system stability and long-term predictability. Nuclear energy makes a unique contribution to all three, said Gergely Jákli at the Investopia CEE – UAE Strategic Economic Forum in Dubai. The Chairman and CEO of Paks II. Ltd. explained during the panel discussion: a technological revolution was taking place worldwide, the increase in industrial performance, the rise of electromobility, the spread of artificial intelligence and the creation of large data centers were exponentially increasing the demand for electricity.

The ever-growing demand for electricity can only be met in a stable, safe, cost-effective and environmentally friendly way, and nuclear energy is the solution.


At the Investopia panel discussion, Gergely Jákli recalled that according to the United Nations Economic Commission for Europe (UNECE), nuclear energy is the greenest energy source, and according to the body's report, the operation of nuclear power plants has protected the environment from approximately 74 billion tons of carbon dioxide emissions over the past fifty years. He highlighted that through Paks II. Nuclear Power Plant, Hungary would be able to avoid 17 million tons of carbon dioxide emissions annually and reduce natural gas imports by 4 billion cubic meters annually.

The company's  chairman and CEO also said that the attitude of financial institutions towards the nuclear industry had changed significantly in the past decade, with Goldman Sachs, J. P. Morgan and the European Investment Bank also announcing that they would create financial products for the nuclear sector. The green transition has helped banks to focus on nuclear energy, but risk-taking remains a key issue. While the operating conditions of already operating nuclear power plants can be analyzed, thus providing benchmarks for their financing, these are lacking for the construction of nuclear power plants. Since it is difficult to fall back on when preparing and implementing investments in the absence of reference points, it is crucial to build benchmarks, measure progress and thereby reduce the project timeframe.