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Sunday, Feb 05, 2023

Poland picks U.S. offer for its first nuclear power plant -PM

Poland picks U.S. offer for its first nuclear power plant -PM

U.S. firm Westinghouse Electric Co will build Poland's first nuclear power plant, Prime Minister Mateusz Morawiecki said on Friday, confirming a long-awaited decision aiming to reduce the country's carbon emissions and phase out coal.
With Russia waging war in neighbouring Ukraine, Poland's choice of a partner from the United States underlines the emphasis Warsaw places on relations with Washington at a time when its security is in the spotlight.

"We confirm our nuclear energy project will use the reliable, safe technology of @WECNuclear," Morawiecki said on Twitter.

Westinghouse was competing with South Korea's state-owned Korea Hydro Nuclear Power, which submitted an offer in April. Warsaw was also talking to French companies about the project.

"This is a huge deal because this is not just about a commercial energy project, it is about a way we will define ... interdependent security for decades to come," a senior U.S. government official told reporters.

The selection of Westinghouse and of the United States sent a message to Russian President Vladimir Putin "about the strength and the meshing together of a U.S.-Poland alliance," the official said.

Warsaw had been seeking a partner to build 6-9 gigawatts (GW) of nuclear capacity and provide up to 49% equity financing for the project. It planned to choose the technology for the first three reactors by the end of 2022, with the first set to start its operations in 2033.

"We understand that the decision will be for the first three reactors and it is our expectation that Poland intends to eventually construct six AP1000 reactors from Westinghouse and will make a formal decision about the second set of three at a later date," the U.S. official said.

Sources have said that Poland would choose the technology first, which would indicate who the partner would be, and discuss the details of the contract afterwards.
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