A collection of 15 posts
Poland’s pursuit of nuclear energy took another step forward last week as Polskie Elektrownie Jadrowe (PEJ) applied to the Polish Climate Ministry for a “decision-in-principle” on the construction of the country’s first large nuclear power plant. The decision would confirm that the investment in the plant is in
“Now we have decided to atomise Polish energy: two nuclear power plants will be built, one in cooperation with the USA and the other with South Korea,” Poland’s ruling party PiS Chairman Jaroslaw Kaczynski announced in Suwalki, north-eastern Poland on Saturday. A third reactor is also planned, Kaczynski revealed,
The EUR 12.5 bn expansion of Hungary’s only nuclear power plant at Paks remains viable, Hungarian Prime Minister Viktor Orban told members of the press on Wednesday afternoon. Russian state nuclear company Rosatom’s addition of two blocks at the facility, can still go ahead, according to the
Westinghouse Electric Company signed strategic partnership agreements with ten Polish engineering and construction firms in connection with its possible development of Poland’s first nuclear power plant, last Friday. The memorandums of understanding form part of the US company’s strategy to eventually construct not just one, but six nuclear
The EU’s CO2 trading mechanism is a“roller-coaster” and fixed-price contracts would stabilise the situation and offer better conditions to electricity sellers, Estonia’s Prime Minister Kaja Kallas told Parliament on Tuesday. Soaring energy prices in the Baltic country have sparked debate inside the progressive Estonian governing coalition of
Czechia will stop burning coal by 2033, five years earlier than previously planned, the country’s incoming governing coalition revealed in its policy programme on Friday. The outgoing government led by Andrej Babis had targeted 2038 as a possible exit for coal, but made no formal commitment. The new Czech
Strengthening energy sovereignty and energy security, maintaining affordable energy prices and decarbonising energy production can only be achieved through the combined use of nuclear and renewable energy, according to a joint declaration signed by János Süli, Hungary’s Minister without Portfolio responsible for the country’s Paks 2 nuclear facility
A look at the inventory of world’s nuclear power plants reveals a surprisingly large gap in central Europe: Poland. The country of 38 million is the only economy in Central and Eastern Europe (CEE) without nuclear energy, with the exception of the tiny Baltic states. Poland’s other neighbours
A group of investors who collectively manage EUR 9 trillion has written a joint statement to the EU urging it not to classify natural gas and nuclear power as sustainable under its new system. The Net-Zero Asset Owner Alliance comprises 60 international finance companies, including Allianz SE, Banco Santander, Barclays,
Romania could become the first country to deploy a small modular nuclear reactor (SMR), according to an agreement between the country’s state-owned nuclear energy producer Nuclearelectrica and US energy firm NuScale Power. Romanian President Klaus Iohannis and US special presidential envoy for climate John Kerry made an announcement to
On a visit to Poland this week, the US secretary of Energy, Jennifer Granholm, launched the Partnership for Transatlantic Energy and Climate Cooperation, emphasizing the development of nuclear power as a way for Poland and others in Central & Eastern Europe to achieve their carbon reduction targets. Granholm said that
The October elections in the Czech Republic could change the Czech government’s approach towards the EU’s climate objectives, which is currently very cautious. Similar to most countries in Central & Eastern Europe (CEE), the country is an underachiever in renewables, but it is gradually phasing out coal-fuelled power
According to a new draft law, Hungary’s Atomic Energy Authority – also responsible for the Paks 2 nuclear power plant investment – will no longer be under direct government control starting in 2022. Government politicians argued that the European Commission had long demanded the “independence” of the Authority, but critics are
The Hungarian government is working on its National Clean Development Strategy, which would set frameworks for achieving the 2050 climate targets, sais Attila Steiner, State Secretary for the Development of the Circular Economy, Energy and Climate Policy of Hungary’s Ministry of Innovation and Technology (ITM). He underlined that Hungary
Russian news agency Ria Novosti has reported that Hungary will start repaying a loan to Russia of EUR 9 billion for the Paks nuclear power facility investment in 2031, five years later than the original 2026 deadline. The delay might mean that new reactor units may not be nearing completion