Poland's PGE kicks off search for partners in nuclear reactor project

The largest utility in Poland, PGE, is seeking investors and partners for the project to build the country’s first nuclear reactor, Reuters reports.

PGE is leading the $15.96 billion project to build a 3 GW nuclear plant by 2023, with uprates to double capacity expected by 2030. The company is holding meetings through the end of May in search of potential sources of capital investment and partnerships for support services once the plant is in operation.

The PGE reactor project has been slow to take off—the CEO of PGE  raised doubts about the project last year with statements indicating that the company was under pressure due to high costs to choose between nuclear power and shale gas development.

Subscribe to Nuclear Power International magazine

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now


Logistics Risk Management in the Transformer Industry

Transformers often are shipped thousands of miles, involving multiple handoffs,and more than a do...

Secrets of Barco UniSee Mount Revealed

Last year Barco introduced UniSee, a revolutionary large-scale visualization platform designed to...

The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...