nuclear-news

Poland schedules first nuclear plant for 2024 but where does the investment money come from? -“Funds” now available!

Thursday, 27 February 2014 (11 minutes ago)

Poland’s government said today it was committed to introducing a civil nuclear programme that would see the country’s first reactor unit producing electricity by the end of 2024.
Construction of a second unit is scheduled to be completed by the end of 2035, the government said.
According to the government’s schedule, the first phase of Poland’s nuclear programme begins immediately – with work towards concluding a contract to deliver…

http://www.onenewspage.us/n/Business/750azc8x7/Poland-schedules-first-nuclear-plant-for-2024.htm

Nuclear power in Poland will only be possible “if the funds are available”

Nuclear Power in Poland

Power to the People

http://newzar.wordpress.com/2014/02/26/nuclear-power-in-poland/

26 February 2014

Preparations to build a nuclear power station in Poland may cost as much as PLN 2 billion. It is still unknown where the money will come from. The Polish Nuclear Power Programme (PPEJ) has finally been accepted by the government which officially confirms that Poland wants to build a nuclear power station. The decision mean a huge investment in the energy sector. The Nuclear Power Station 1 (EJ1) project, which is controlled by the state-owned Polish Energy Group (PGE), was given the green light to spend PLN 1.3 billion. That is the preliminary cost of giving so-called integrated permission to an external company. The funds are needed for choosing the appropriate technology, equipment and fuel supplier and deciding who will finance the most expensive construction project in history of Poland. Before any of this can happen, …………………… Several weeks ago Prime Minister Donald Tusk intimated on Twitter that shale gas is the priority, coal is a must and nuclear power will only be possible if the funds are available.
opinie.newsweek.pl

Here is one possible answer;

Deal at Czech nuclear power plant fuels US-Russia economic rivalry

“The Czech Republic simply does not need another 2.5 gigawatts of power and with demand falling all round Europe and not likely to bounce back soon, the export market is risky,” says Steve Thomas, a professor of energy policy at Greenwich University in England.

[…]

Companies with ties to the US and Russia are battling for a contract to expand a Czech nuclear power plant, which analysts say may be the gateway to kickstarting other nuclear power projects in Eastern Europe.

The nuclear power plant that towers over the green fields outside the small Czech village of Temelin is quickly becoming a frontline in the economic rivalry between the United States and Russia.

Image ; Czech Republic’s Foreign Minister Karel Schwarzenberg, left, and US Secretary of State Hillary Rodham Clinton, right, arrive for their press conference in Prague, Czech Republic, Monday, Dec. 3, 2012. Secretary of State Clinton is lobbying the Czech Republic authorities to approve an American contract bid for an expansion of a nuclear power plant. (AP Photo/Petr David Josek)

……………………… “The Temelin contract is not about nuclear energy in the Czech Republic, but about breaking into the European market.”

Competing for the tender are two energy companies: Russia’s Rosatom, and Westinghouse, which is owned by the Japanese Toshiba Group but based in the United States.

February 27, 2014 - Posted by arclight2011part2 | Uncategorized