Saudi Press

Saudi Arabia and the world
Monday, Jun 02, 2025

Poland gives details on $20B nuclear power bid

Poland gives details on $20B nuclear power bid

Westinghouse of the US gets the nod to build the country’s first nuclear power plant.
U.S. nuclear power technology provider Westinghouse will build Poland’s first reactor by 2033, Prime Minister Mateusz Morawiecki said Wednesday.

“We assume the overall cost at around $20 billion,” he told reporters, adding: “The upfront capital investment is big but once a nuclear power plant is operational, the cost of generating electricity is relatively low.”

Poland is looking at nuclear power to reduce its dependence on coal, which still accounts for around 70 percent of the country’s energy mix. That also dovetails with an effort to end reliance on Russian coal, oil and gas.

“The need to become permanently independent of energy supplies and energy carriers from Russia is linked to the need to accelerate investment in the construction of Poland's first nuclear power plant,” the government said in a decree approved Wednesday.

Poland is one of the few countries in Central Europe with no nuclear power sector; an effort to build a power plant in the 1980s was thwarted by the 1986 Chernobyl disaster and by Poland’s financial woes.

Warsaw’s nuclear plans are ambitious. The official strategy assumes building six reactors in two locations by the mid-2040s but Morawiecki said a third location is not out of the question.

On top of the government program with Westinghouse, there is a parallel business-led effort with South Korea. Poland’s utilities ZE PAK and PGE signed a letter of intent Monday with Korean company KHNP to analyze a power plant that would be built in central Poland.

The Westinghouse power plant will be built in Choczewo on Poland’s Baltic Sea cost, around 80 kilometers northwest of Gdańsk.

The exact location will be pinpointed once the project secures an environmental permit, Climate and Environment Minister Anna Moskwa told the same briefing.

The goal is to begin construction by 2026 and to start operations in 2033.

Although he sketched out the possible scale of the investment, Morawiecki didn’t provide more details on the financing of what will be one of Poland’s most ambitious infrastructure projects.

“We have financing secured for the current early stages of the project. The bulk of the money will be needed later on and there are several ways of securing it,” he said.

If all of the plants being talked about get built, nuclear power could supply about supply 30 percent of Poland’s energy mix, Moskwa said.

“A strategic partnership with the U.S. to build the first nuclear power plant is a civilizational leap for us to strengthen energy security,” she tweeted.

The three bidders for nuclear projects in Poland were Westinghouse, KHNP and France’s EDF.

Poland also plans to develop offshore wind power in the Baltic Sea as well as onshore wind, solar power and biomass — potentially cutting coal’s share in the country’s energy mix to an estimated 11 percent to 28 percent, according to the country’s energy transition strategy.
Newsletter

Related Articles

Saudi Press
0:00
0:00
Close
Paris Saint-Germain's Greatest Triumph Is Football’s Lowest Point
OPEC+ Agrees to Increase Oil Output for Third Consecutive Month
Turkey Detains Istanbul Officials Amid Anti-Corruption Crackdown
Meta and Anduril Collaborate on AI-Driven Military Augmented Reality Systems
EU Central Bank Pushes to Replace US Dollar with Euro as World’s Main Currency
European and Arab Ministers Convene in Madrid to Address Gaza Conflict
U.S. Health Secretary Ends Select COVID-19 Vaccine Recommendations
Trump Warns Putin Is 'Playing with Fire' Amid Escalating Ukraine Conflict
India and Pakistan Engage Trump-Linked Lobbyists to Influence U.S. Policy
U.S. Halts New Student Visa Interviews Amid Enhanced Security Measures
Trump Administration Cancels $100 Million in Federal Contracts with Harvard
SpaceX Starship Test Flight Ends in Failure, Mars Mission Timeline Uncertain
King Charles Affirms Canadian Sovereignty Amid U.S. Statehood Pressure
Iranian Revolutionary Guard Founder Warns Against Trusting Regime in Nuclear Talks
UAE Offers Free ChatGPT Plus Subscriptions to Citizens
Lebanon Initiates Plan to Disarm Palestinian Factions
Iran and U.S. Make Limited Progress in Nuclear Talks
The Daily Debate: The Fall of the Dollar — Strategic Reset or Economic Self-Destruction?
Trump Administration's Tariff Policies and Dollar Strategy Spark Global Economic Debate
OpenAI Acquires Jony Ive’s Startup for $6.5 Billion to Build a Revolutionary “Third Core Device”
Turkey Weighs Citizens in Public as Erdoğan Launches National Slimming Campaign
Saudi-Spanish Business Forum Commences in Riyadh
Saudi Arabia and Spain Sign MoU to Boost SME Sectors
UK Suspends Trade Talks with Israel Amid Gaza Offensive
Iran and U.S. Set for Fifth Round of Nuclear Talks Amid Rising Tensions
Russia Expands Military Presence Near Finland Amid Rising Tensions
Indian Scholar Arrested in Crackdown Over Pakistan Conflict Commentary
Israel Eases Gaza Blockade Amid Internal Dispute Over Military Strategy
President Biden’s announcement of advanced prostate cancer sparked public sympathy—but behind closed doors, Democrats are in panic
A Chinese company made solar tiles that look way nicer than regular panels!
Indian jet shootdown: the all-robot legion behind China’s PL-15E missiles
The Chinese Dragon: The True Winner in the India-Pakistan Clash
Australia's Venomous Creatures Contribute to Life-Saving Antivenom Programme
The Spanish Were Right: Long Working Hours Harm Brain Function
Did Former FBI Director Call for Violence Against Trump? Instagram Post Sparks Uproar
US and UAE Partner to Develop Massive AI Data Center Complex
Apple's $95 Million Siri Settlement: Eligible Users Have Until July 2 to File Claims
US and UAE Reach Preliminary Agreement on Nvidia AI Chip Imports
President Trump and Elon Musk Welcomed by Emir of Qatar Sheikh Tamim with Cybertruck Convoy
Strong Warning Issued: Do Not Use General Chatbots for Medical, Legal, or Educational Guidance
Saudi Arabia Emerges as Global Tech Magnet with U.S. Backing and Trump’s Visit
This was President's departure from Saudi Arabia. The Crown Prince personally escorted him back to the airport.
NVIDIA and Saudi Arabia Launch Strategic Partnership to Establish AI Centers
Trump Meets Syrian President Ahmad al-Shara in Historic Encounter
Trump takes a blow torch to the neocons and interventionists while speaking to the Saudis
US and Saudi Arabia Sign Landmark Agreements Across Multiple Sectors
Why Saudi Arabia Rolled Out a Purple Carpet for Donald Trump Instead of Red
Elon Musk Joins Trump Meeting in Saudi Arabia
Trump says it would be 'stupid' not to accept gift of Qatari plane
Quantum Computing Threatens Bitcoin Security
×