Nuclear Power

03 Nov 2022

Poland's First Nuclear Power Plant to Cost Around $20 Bln - PM

03 Nov 2022  by   

Polish Prime Minister Mateusz Morawiecki delivers a speech during a debate on the future of Europe at the European Parliament in Strasbourg, France, July 4, 2018. REUTERS/Vincent Kessler

Poland's first nuclear power station, which will be built by U.S. firm Westinghouse Electric Co, will cost around $20 billion, Prime Minister Mateusz Morawiecki said on Wednesday.

Last week, Poland chose Westinghouse Electric Co for the project in a bid to reduce the country's carbon emissions and phase out coal.

"We have to give an estimate, it will be up to $20 billion or 90-100 billion zloty," Morawiecki told a news briefing.

Under the government's nuclear program six reactors with up to 9 gigawatts (GW) of capacity will be built in two locations. A partnership between Korea Hydro Nuclear Power (KHNP), Poland's top utility PGE SA, ZE PAK aims for additional 3 reactors, Climate Minister Anna Moskwa told the same news briefing.

"Poland's maximum potential is as much as 15 GW of nuclear capacity," Moskwa said.


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