PGE in Full Reflection on Nuclear Investment

PGE, Poland's leading energy company, is considering whether to invest in nuclear power in the next few years, according to its CEO. Uncertainty surrounds the project initiated by the former government.

Share:

PGE en Pleine Réflexion sur de l'Investissement Nucléaire.

Comprehensive energy news coverage, updated nonstop

Annual subscription

8.25$/month*

*billed annually at 99$/year for the first year then 149,00$/year ​

Unlimited access • Archives included • Professional invoice

OTHER ACCESS OPTIONS

Monthly subscription

Unlimited access • Archives included

5.2$/month*
then 14.90$ per month thereafter

FREE ACCOUNT

3 articles offered per month

FREE

*Prices are excluding VAT, which may vary depending on your location or professional status

Since 2021: 35,000 articles • 150+ analyses per week

Polska Grupa Energetyczna (PGE) is currently carrying out a preliminary analysis to determine the advisability of investing in nuclear power. This project follows the 2022 agreement with ZE PAK and Korea Hydro & Nuclear Power (KHNP) for the development of four 1,400-megawatt reactors in Pątnów, Central Poland, using South Korean technology.

Project background and development

PGE’s decision on nuclear investment will come after a full assessment of government policies regarding the national energy mix. The Pątnów project represents the second nuclear power plant planned for Poland, intended to complement the one being built by the American company Westinghouse Electric Co on the Baltic coast. However, this first plant is already experiencing delays. The new Polish government, in office since December, has promised to radically increase the share of clean energies in electricity production, currently dominated by coal. However, he has yet to detail his plans for the country’s future energy mix.

PGE Strategy and Outlook

Dariusz Marzec, CEO of PGE, said that the implementation of this crucial project must be integrated into the government’s overall strategy for the development and target model of the nuclear segment in Poland. Once this strategy has been defined and the analysis of the Pątnów project finalized, PGE will be able to determine whether it is preferable to continue investing in nuclear power or to focus on developing its offshore wind portfolio in the Baltic Sea, which exceeds 7 gigawatts. This cautious approach reflects the complexity and importance of long-term energy infrastructure decisions, especially in the context of the global energy transition to cleaner, more sustainable sources.

Issues and challenges

Poland, heavily dependent on coal, is facing domestic and international pressure to reduce its carbon emissions. The development of nuclear power could play a key role in this transition, offering a stable, low-carbon energy source. However, the challenges are many, particularly in terms of financing, technology, regulation and public acceptability. The Polish government must therefore carefully weigh up its options and align its decisions with its sustainable development objectives, while taking into account economic and social imperatives. PGE’s decision on investment in nuclear power will be crucial for Poland’s energy future. It will depend not only on technical and economic analyses, but also on the government’s strategic orientations in terms of energy transition. The results of these reflections will determine whether Poland can effectively diversify its energy mix while meeting contemporary environmental and economic challenges.

A nationwide debate on radioactive waste strategy begins on October 13 for four months. It will accompany the preparation of the next five-year roadmap regulating storage, treatment and funding policies through 2031.
Holtec International has ended its planned interim nuclear storage facility in New Mexico, citing ongoing legal hurdles and political deadlock over spent fuel management.
An international audit led by the International Atomic Energy Agency confirms that Spain has fully addressed the recommendations made in 2018 regarding its nuclear waste management programme.
EDF anticipates a 35 MW decrease in output for the Flamanville EPR between 2026 and 2031, citing a degraded performance level with no official technical explanation to date.
Nuclear Power Corporation of India Ltd has pushed the Bharat Small Reactors proposal deadline to 31 March 2026, aiming to expand private sector engagement in the captive nuclear energy project.
The Philippine government grants contractual advantages and priority dispatch to its first nuclear project, laying the groundwork for sustained sector development in the coming decades.
The merger between Terra Innovatum and GSR III Acquisition Corp. includes $130mn in proceeds aimed at supporting the industrial development of its SOLO™ micro-nuclear reactor.
US nuclear technology firm NANO Nuclear Energy has secured $400mn through an oversubscribed private placement, raising its cash position to approximately $600mn to accelerate development of its KRONOS MMR™ microreactors.
Global Nuclear Fuel, a GE Vernova-led alliance with Hitachi, plans the first use of its GNF4 boiling water reactor fuel in 2026, with full-scale production expected by 2030.
Arkansas has appointed Excel Services to analyse the economic, technological and logistical outlook of a new nuclear programme, with results expected within ten months.
Operator Belgoprocess has received authorisation to build a new facility to store waste generated from the ongoing decommissioning of Belgium’s nuclear reactors.
The British government has launched a consultation on the regulatory justification request for Rolls-Royce’s modular reactor, a decisive step towards its approval in the country’s nuclear market.
GVH and Samsung C&T join forces to accelerate international deployment of BWRX-300 small modular reactors, with a strong focus on Sweden and the consolidation of the nuclear supply chain.
The Swedish government aims to establish a right to compensation for operators if a political reversal leads to the early shutdown of nuclear plants, in a move to reduce investment risks.
Duke Energy adds a large nuclear reactor project to its 2025 plan for the Carolinas, anticipating electricity demand more than twice previous forecasts.
EDF has selected Arabelle Solutions to supply two complete turbine islands for the Sizewell C nuclear power plant, strengthening their industrial cooperation initiated at Hinkley Point C.
The Italian government has approved a bill granting the executive authority to regulate the return of nuclear energy, in line with European carbon neutrality and energy security targets for 2050.
Framatome and the French Alternative Energies and Atomic Energy Commission have commissioned a specialised industrial line in Jeumont for the manufacturing of nuclear components used in French Navy vessels.
Italian company Terra Innovatum is advancing the commercialisation of its SOLO micro-reactor, with two new partnerships and $42.5mn in funding as part of a merger with a listed company.
The Nurlikum Mining joint venture enters a new industrial phase with the launch of the South Djengeldi project, targeting annual production of 500 tonnes of uranium over ten years in Uzbekistan.

All the latest energy news, all the time

Annual subscription

8.25$/month*

*billed annually at 99$/year for the first year then 149,00$/year ​

Unlimited access - Archives included - Pro invoice

Monthly subscription

Unlimited access • Archives included

5.2$/month*
then 14.90$ per month thereafter

*Prices shown are exclusive of VAT, which may vary according to your location or professional status.

Since 2021: 30,000 articles - +150 analyses/week.