Wednesday 6 August 2014

1st Nuclear Power Plant in Poland - propose to UOKiK

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On Friday August 1,2014 four national energy companies (PGE, Tauron, Enea i KGHM ) proposed joint construction of the first Polish nuclear power plant (. Before such construction can be started, Office of Competition and  Consumer Protection has to express their approval. Furthermore, the companies are still looking for the 5th financial investor.


UOKiK (Eng.: Office of Competition and Consumer Protection) aims to protect citizens (therefore customers) from any harmful business practices – if it is either distribution of harmful goods or violating the purchase agreement. The President of the Office of Competition and Consumer Protection shall initiate administrative proceedings after receiving information from the Trade Inspection, which is the body that controls the products for their compliance with safety requirements. When the President of the Office finds that a product poses a threat to the life and health of users, it can - by decision limit or stop their distribution or not allow business operations in that area. In the case of the power plant, UOKiK needs to evaluate if the location, maintenance and construction is designed appropriately, in a way that its further functioning is not in any way harmful to the inhabitants.

The construction of the first Polish nuclear power plant is still in the foundation mode. The joint construction still verifies which location is the most beneficial and has the least harmful sides. At this point, companies discuss their financial involvement in the project.
As portal biznes.pl points out, companies are very positive about finding another investor. Recently, there has been similar problem in Bulgaria which got solved with the foreign investment company. American Westinghouse will take part in the project to build a new nuclear reactor, owned by Bulgarian Energy Holding (BEH). In a press release, the American company did not disclose what true size of their involvement (waiting for an official response), but The Wall Street Journal reports that will cover 30 percent. shares of the target company.

As biznes.pl points out: BEH, like Polish PGE, is not able to finance the entire project [ construction of the nuclear power plant]. Bulgarian national champion, in addition to investments in new power plants, is still on the head of the modernization and expansion of electricity networks (responsible for the transmission of electricity) and gas (a gas transmission network), as well as the construction of the Bulgarian South Stream cuts.In addition to the nuclear power plant, PGE must finance the construction of two new power plants in Opole (11.6 billion ), another in Turow (about 2.5 billion ) and up to four gas power plants (unless the crisis in Ukraine does not verify these plans), which PGE will need about 5 billion . Together, these investments will cost 29 billion .

Government’ lead Polish Nuclear Power Program (PPEJ) projects launch of the first block of the first nuclear power plant by the end of 2024 (the date is ,so far, being continuously moved). Its cost is estimated at 40-60 billion (between 20 and 30 billion euro).

During the research phase, PGE, identified  three potential locations for construction of the nuclear power plants:
        • Choczewo (gmina Choczewo, powiat wejherowski, województwo pomorskie),
        • Gąski (gmina Mielno, powiat koszaliński, województwo zachodniopomorskie),
        • Żarnowiec (gmina Krokowa, powiat pucki, województwo pomorskie).
 
         
 
             
             

            Read in original:

            http://m.biznes.pl/panstwowa-atomowa-czworka-szuka-piatego,5650788,1,2,news.html

            http://elektrownia-jadrowa.pl/Pierwsza-elektrownia-jadrowa-w-Polsce-ruszy-w-2022-r-Marcin-Klodkiewicz-elektrownia-jadrowa-pl.html

            Picture:

            http://guardianlv.com/wp-content/uploads/2013/11/NuclearRenaissance083013.jpeg

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