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Nuclear power plants in Poland. Koreans want to build it

Nuclear power plants in Poland.  Koreans want to build it

During the Korea Nuclear Energy and High Technology Day 2022 conference on Thursday, representatives of Korean companies and the government of this country confirmed that they are interested in participating in the Polish nuclear energy development program.

In April, we submitted a bid to the Ministry of Climate and Environment. Today we confirmed our desire to participate in the Polish nuclear project, said Jae Hoon Chung, President of Korea Hydro and Nuclear Energy (KHNP).

In turn, South Korea’s Minister of Trade, Industry and Energy, Chang Yang Lee, drew attention to the comprehensiveness of the Korean offer when it comes to building nuclear power plants – from design to implementation and personnel training.

I am convinced that the visit of the Korean delegation will translate into cooperation in the energy sector – said Deputy Minister of Climate and Environment Peter Dziadzio.

Dziadzio added that our country should implement zero-emission power generation technologies by 2050, and nuclear energy should be responsible for 20 percent. Participation in the energy mix in Poland. That is why he encouraged Korean investors to work on the Vistula River.

South Korea is a nuclear power plant

KHNP belongs to the state-owned Korea Electric Power Corporation (KEPCO). It is the operator of all 24 operating in South Korea. nuclear blocks. The Koreans are also building the Barakah Power Plant in the United Arab Emirates consisting of four APR1400 reactors. The first two blocks of this gym have already been launched.

According to PPEJ, Poland wants to focus on modern, proven and large PWR-type reactors. Polish energy policy until 2040 assumes that in 2033 the first block of the Polish nuclear power plant with a capacity of about 1-1.6 GW will be put into operation. Subsequent blocks will be carried out every 2-3 years, and the entire nuclear program provides for the construction of six units with a capacity of up to 9 gigawatts.

In line with the assumptions of our government, the partner in the nuclear program will also cover 49 percent of the shares in a private company will provide adequate financing and will participate not only in the construction but also in the operation of nuclear power plants. The Koreans announced that if their offer was accepted, work on the first Polish block would take a total of 10 years. Design and licensing are included in this period. The construction itself will take six years.

Nuclear power plant in Poland. There are offers

In the fall of 2021, the French company EDF also submitted a bid to build several EPR reactors for the Polish government.

We have suggested the costs of building four to six reactors along with a rate of utilization guarantee, i.e. a guarantee that they will produce a certain amount of energy. We think this is a very competitive offer, said French EDF Vice President Vakis Ramani.

The French company has announced that it is ready to meet the conditions of the Polish government, for example those related to the acquisition of up to 49 percent. Shares in the company that will be the operator of the power plant in Poland. – However, as a minority shareholder, we must know the terms of market energy sales to be adopted by the Polish government. If the investor owns a minority of shares, he must have guarantees, for example, that the program will be completed, and will not be interrupted for various reasons – Ramani said.

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Westinghouse and the US government also submitted a bid to build a nuclear power plant in Poland. According to the previous information Americans By the end of June, they will have to submit a FEED report on engineering and design work under Poland’s nuclear power programme. Bechtel is a partner of Westinghouse. In August, the Americans want to present a package of financial proposals to the Polish government.

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