The Paks Nuclear Power Plant is Hungary's only nuclear power facility, located near the town of Paks. It consists of four pressurized water reactors, which generate approximately 50% of the country's electricity. The plant began operations in the mid-1980s and has undergone various upgrades to enhance safety and efficiency. The Paks Nuclear Power Plant is operated by MVM Paks Nuclear Power Plant Ltd., a subsidiary of the Hungarian Electricity Works. The facility plays a crucial role in Hungary's energy strategy, providing a stable and low-carbon energy source while contributing to the country's energy independence.