Poland and US finalise $51 B nuclear deal
New agreement with Westinghouse-Bechtel moves Poland’s $51 B nuclear power project forward with focus on shared benefits and long-term energy goals.
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Poland: Poland has signed a new agreement with US firms Westinghouse and Bechtel to continue work on the country’s first nuclear power plant, a project valued at $51 B (zł192 B).
Polish Prime Minister Donald Tusk, joined by US Energy Secretary Chris Wright, announced that the new contract, an Engineering Development Agreement (EDA), ensures nine more months of engineering collaboration, including geological work already underway on Poland’s Baltic Sea coast.
Tusk emphasised that the deal improves on earlier terms and ensures a mutually beneficial partnership, while Wright called it the start of long-term cooperation in nuclear energy. Talks also covered small modular reactors (SMRs) and LNG imports from the US.
PEJ, the Polish state nuclear company, said the EDA lays the groundwork for a final construction agreement while keeping costs, safety, and timelines in check.
The project, with financing partially secured through a $16 B (zł60 B) government bill, is set to begin construction in 2028, with the first of three reactors online by 2036 and full operations by 2039. A second nuclear site is also planned.
Source: Notes From Poland
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