Economy
20:18 9 December 2025
Post by: WBJ

EU clears nuclear aid

EU clears nuclear aid
source: adobestock

Poland has received formal approval from the European Commission for state aid to build its first nuclear power plant, clearing a major financing hurdle. Prime Minister Donald Tusk said construction could start in December, with the full PLN 60 billion budget secured. The first PLN 4.6 billion in Treasury securities will be transferred this year to Polish Nuclear Power Plants (PEJ), enabling work to begin.

According to PEJ, Poland preserved the core elements of its support mechanism, addressing the Commission’s earlier concerns without altering the project. The package includes recapitalizing PEJ, state guarantees covering all project debt, and a 40-year two-way contract for difference.

Officials say the decision allows Poland to finalize a contract with Westinghouse and Bechtel to build the 3,750 MW plant in Lubiatowo-Kopalino using AP1000 technology. About 30% of output will be sold via PPA auctions, with the rest traded on exchanges. The verified strike price is below PLN 500/MWh.


More News

lifestyle

LifeStyle
27 days ago

Poles limiting alcohol and sugar in their diets

LifeStyle
1 month ago

Winter relaxation embraced by nature

LifeStyle
1 month ago

BROOKLYN WARSAW: New York Energy in the Heart of the Capital

LifeStyle
2 months ago

Sales of works of art at auction in Poland exceeded PLN 400 mln

Book of Lists

Book of Lists
5 years ago

The largest Polish companies under the Book of Lists microscope! Book of Lists 2020/2021 certificates have been awarded.