The Polish government expects to conclude talks on the funding of the first nuclear power plant in Poland in a few months. The government plans to create a special-purpose entity, in which it will keep a 51% interest, possibly through the state-owned power company PGE; the remaining 49% would be held by a foreign partner.
Poland's nuclear program was approved in 2014, with initial plans for two nuclear power plants of 3,000 MW each (the first one in 2029 and the second one in 2035) located in Żarnowiec or Choczewo. PGE EJ1, a special purpose vehicle in charge of Poland's nuclear program, was created with PGE Group holding a 70% share and ENEA, KGHM Polska Miedź and TAURON Polska Energia holding a 10% interest each. Poland's nuclear plans were revised in the draft energy policy until 2040, which considers one 1-1.5 GW nuclear power project that could start commercial operations in 2033. Five additional nuclear power plants (6 to 9 GW) could be launched every two year by 2043, covering around 10% of the country's power generation. The government aims at selecting the building site in 2020 and at choosing the technology and the general contractor in 2021.
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