The Polish state-owned company, Polskie Elektrownie JÄ...drowe (PEJ), has signed an agreement with the US consortium of Westinghouse and Bechtel to continue development on the country's first nuclear power plant. The project, estimated at $51 billion, is a significant step forward in Poland's energy transition.

Prime Minister Donald Tusk expressed his satisfaction with the deal, noting the progress in Polish-American energy cooperation. He emphasized that the new agreement with Westinghouse and Bechtel would benefit Poland's interests, ensuring a profitable and balanced partnership.

The agreement, an Engineering Development Agreement (EDA), will allow the continuation of vital engineering work on the project, including geological drilling at the site located on Poland's northern Baltic Sea coast. The project is expected to bring not only reliable clean energy but also substantial investments and job creation throughout the construction and operational phases.

US Energy Secretary Chris Wright affirmed that this partnership would pave the way for future collaboration, extending beyond the initial nuclear plant project.

As part of the Polish Nuclear Power Program, the first plant is slated to begin construction in 2028, with the first reactor expected to come online in 2036. A second nuclear plant is also planned, contributing to Poland's goal of generating 6 to 9 GW of nuclear energy.

Source: notesfrompoland.com