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Poland picks US firm to build first nuclear power plant – AP | Poland picks US firm to build first nuclear power plant – AP |
(about 13 hours later) | |
The facility will reportedly be constructed by Westinghouse | The facility will reportedly be constructed by Westinghouse |
Warsaw has signed a deal with Westinghouse Electric Company for pre-design cooperation on Poland’s first nuclear power plant, using the American company’s technology, the Associated Press reported this week. | Warsaw has signed a deal with Westinghouse Electric Company for pre-design cooperation on Poland’s first nuclear power plant, using the American company’s technology, the Associated Press reported this week. |
According to AP, the agreement was inked by Poland’s minister for climate and environment, Anna Moskwa, and the US ambassador to Poland, Mark Brzezinski, during a visit by US President Joe Biden to Warsaw. | According to AP, the agreement was inked by Poland’s minister for climate and environment, Anna Moskwa, and the US ambassador to Poland, Mark Brzezinski, during a visit by US President Joe Biden to Warsaw. |
Moskwa said that construction of the plant is expected to begin in 2026, with the facility to start supplying Poland’s power grid in 2032. | |
Warsaw accepted a US offer to build the power station in October. Under its terms, the foreign investor must provide the technology and assist with managing and funding, in exchange for a 49% stake in the project. | Warsaw accepted a US offer to build the power station in October. Under its terms, the foreign investor must provide the technology and assist with managing and funding, in exchange for a 49% stake in the project. |
US Energy Secretary Jennifer Granholm pitched the project as a way for Poland to reduce carbon emissions by phasing out coal. The country generates almost 70% of its energy from black and brown coal and has been attempting to embrace renewable energy. | |
Warsaw cut itself off from Russian natural gas imports in April, citing the conflict in Ukraine. A pipeline delivering natural gas from Norway was inaugurated in September, just a day before the Nord Stream pipelines from Russia to Germany were blown up. | Warsaw cut itself off from Russian natural gas imports in April, citing the conflict in Ukraine. A pipeline delivering natural gas from Norway was inaugurated in September, just a day before the Nord Stream pipelines from Russia to Germany were blown up. |
For more stories on economy & finance visit RT's business section | For more stories on economy & finance visit RT's business section |
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