US EditionEU Approves State Aid for Poland’s 1st Nuclear Power Plant
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7 Articles
EU Approves State Aid for Poland’s 1st Nuclear Power Plant
The European Union’s executive branch has approved a multibillion-euro state aid package for Poland’s first nuclear power plant. The plant is expected to begin operating in the second half of the 2030s and will have an installed capacity of up to 3,750 megawatts, the European Commission (EC) said on Dec. 9. Warsaw views the decision as crucial to launching the project at Lubiatowo-Kopalino on the Baltic coast. “Nuclear energy will be a key compo…
A growing part of the EU states sees nuclear power as an opportunity to achieve their own climate goals and at the same time both efficiently ... The post Poland builds its first nuclear power plant: EU Commission releases billions of aid appeared first on Apollo News.
While Germany has already abandoned nuclear power, Poland is just getting started. The neighboring country plans to build a nuclear power plant near the Baltic Sea – partly to phase out coal-fired power generation. Brussels has now given the green light. By David Zajonz.
The European Commission approved the State aid package to lift Poland's first nuclear power plant, a key infrastructure for Poland's energy transition valued at 192 billion zlotys (€45.4 billion).The decision authorizes the Polish Government to provide capital and financial backing essential to start the works this December and to move towards a more stable, secure and less coal-dependent energy system.
Yesterday, at a meeting of the Council of Ministers, Prime Minister Tusk announced the European Commission's approval for PLN 60.2 billion in state aid for Poland's first nuclear power plant. The EC's decision on this matter took nearly 12 months to prepare, but it was issued relatively quickly. However, the Tusk government's application for it was delayed by nearly a year, ending in late December 2024 instead of early 2024.
We have it, Polish Prime Minister Donald Tusk commented on Tuesday's decision by the European Commission on social media. It would be sly to add that the Poles have what the Czech Republic still lacks. The Commission has approved state financial support for the construction of Poland's first nuclear power plant. The Czech Republic, on the so-called notification...
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