Poland Will Start Construction Of Its First Nuclear Power Plant As Early As December
2- 9.12.2025, 20:18
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The EU has agreed the funding.
The European Commission has approved an aid package for the construction and operation of Poland's first nuclear power plant in accordance with EU rules. The EC announced this on Tuesday, December 9.
The Commission said the project plays a key role in Poland's strategy to decarbonize electricity production.
The fact that the Polish project will get the green light from the European Commission was announced by Prime Minister Donald Tusk even before the decision was officially announced. He said construction of the nuclear power plant "could begin as early as December."
"We got it! Billions of dollars in state aid to build Poland's first nuclear power plant. Europe has agreed and the funding has already arrived. The first four billion will be paid this month," Tusk wrote on social media.
He recalled that we are talking about 60.2 billion zloty ($14.7 billion).
"Already in December, that is, this year, the first 4.6 billion zlotys in the form of treasury securities, which we have secured together with the finance minister, will be transferred to the interested entity," he said.
The Polish Nuclear Power Program (PPEJ) envisages the construction of two nuclear power plants with a total capacity of 6-9 GW. The investor and operator is to be Polskie Elektrownie Jądrowe (PEJ, "Polish Nuclear Power Plants"), a wholly state-owned company.
The Polish government in July 2023 officially agreed to build the first nuclear power plant in the country. PEJ and a consortium of US companies Westinghouse and Bechtel signed an agreement on the design and construction of the nuclear power plant in September 2023.
The government stipulates that 30% of the construction costs will be covered by the investor's own funds, which will include statutory capital injections, and 70% will be covered by borrowings from financial institutions.
According to recent statements by the government's commissioner for strategic energy infrastructure, the pouring of the first nuclear power plant is expected to be completed in September 2023. first current is expected to be fed into the grid in 2036.
The third unit is scheduled to start operating by 2038. The total cost of the project is estimated at 192 billion zlotys (nearly $53 billion).
The nuclear project in Poland's Pomerania region will be financed primarily with borrowed funds. According to the PEJ president, initial commitments have already been received from 11 export credit agencies, in particular from the United States, Canada, France and Asian countries.
The largest share is expected to be provided by the Export-Import Bank of the United States (EXIM Bank), which has allocated an amount equivalent to about 70 billion zlotys (more than $19 billion).
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