Saturday, June 22, 2024

Fantasy Art in Warsaw

The 3rd edition of the “Fantasy Art in Warsaw” exhibition offers exclusive access to almost 60 art pieces, most of which have not been...

How Poland stands in the AI-era

Can the process of Polish convergence at its current pace be sustained, or is it just a historical anomaly, and how does AI affect ...

IMPACT LEADERS: Beata Mońka, Founder and CEO of Art of Networking

Today, we are delighted to welcome Beata Mońka to IMPACT LEADERS with Magda Petryniak. She is the Founder and CEO of Art of Networking,...

Investment in Poland at a crossroads

On May 8, during the 16th European Economic Congress, during the session ‘Investments in Poland through the eyes of business. Regression and hopes,’ the...

Polish high earners’ fortunes fluctuate

The number of people earning over PLN 10,000 (2,300 euros) gross per month increased to 1.5 million in Poland in 2022, according to a...

2nd Polish Nuclear Plant Confirmed

On 24 November Polish Ministry of Climate and Environment issued a decision-in-principle for construction in Pątnów-Konin of the country’s 2nd large nuclear power plant using two APR1400 reactors delivered by South Korean KHNP. According to the application submitted for the plant in August this year by PGE PAK Energia Jądrowa, the two units will generate 22 TWh of electricity per year, 12% of electricity demand in Poland. PGE PAK is a 50/50 joint venture of Polish companies ZE PAK and Polska Grupa Energetyczna (PGE). The ministry’s decision is a formal confirmation that the project is in line with the public interest and the state policies, including energy policy. It is the first decision in the process of administrative permits.

The letter of intent was signed on 31 October 2022 between Polish and Korean ministries, ZE PAK, PGE and Korea Hydro and Nuclear Power (KHNP). PGE President Wojciech Dąbrowski said: “We received the decision less than 13 months after signing the letter of intent. In the case of such a large investment, this is a very good result. It is also proof of the commitment and good cooperation of all partners in the project and confirmation that the ambitious plan to launch the first power unit by 2035 is very realistic. The power plant will provide consumers with cheap and clean energy, and Poland with renewable energy sources, security and energy independence.”

Marek Gizmajer
Marek Gizmajer
High-tech journalist