Westinghouse, Poland's PGE agree nuclear feasibility study

WARSAW — The US-Japanese Westinghouse Electric Company LLC and Poland's PGE energy group agreed a memorandum of cooperation Tuesday for a feasibility study on Poland's first civilian nuclear program, PGE said.
The two sides "will cooperate to prepare a feasibility study on AP1000 PWR nuclear reactor technology and opportunities to build the first reactor of this type in Poland by 2020," a PGE statement said.
PGE has plans to build two nuclear power stations at a capacity of 3000 MW each. The launch of the first reactor is scheduled for late 2020.
Westinghouse is the third consortium with which PGE has agreed a feasibility study. Others include French companies EDF and Areva, and the US-Japanese consortium GE Hitachi Nuclear Energy.
"Based on an analysis of cooperation with all partners, we will choose the technology to be used in nuclear power plants in Poland," PGE said.
Owner of forty-two power plants and lignite mines in Poland and worth some 10.58 billion euros (14 billion dollars) PGE is the largest capital group on he Warsaw Stock Exchange.
With a population of 38 million, Poland, a member of the European Union since 2004, currently has no nuclear power plant and produces virtually all its electricity using coal.
Plans call for the share of electricity generated by nuclear plants to rise to 9.3 percent by 2030, while reliance on coal for electricity is to drop to 60 percent, according to the Polish government.

Source: http://www.google.com/hostednews/afp/article/ALeqM5jwnk3gJS7qP94fBsHwxyoqwBoHdg

Comments