Poland, South Korea sign outline accords on nuclear power project

South Korea and Poland to evaluate the viability of constructing 4 1,400-megawatt nuclear reactors in Patnow.

An emblem for radioactivity is seen on a radioactively-contaminated container [File: Sean Gallup/Getty Images]

Seoul and Warsaw have signed define agreements to develop nuclear energy in Poland, in line with ministries from each nations, as Poland strives to part out coal and decrease its carbon emissions and South Korea seeks to revive its nuclear trade.

Poland’s ZE PAK and PGE and Korea Hydro & Nuclear Energy (KHNP) will assess the viability of constructing 4 1,400-megawatt nuclear reactors in Patnow, central Poland, utilizing South Korean expertise, the South Korean Ministry of Commerce, Business and Power mentioned on Monday in a joint assertion with the Polish Ministry of State Property.

The businesses, with authorities backing, intend to organize a preliminary improvement plan for the plant by the top of this 12 months, they mentioned in a press release.

Because the election this 12 months of President Yoon Suk-yeol, who pledged to revive the nation’s nuclear energy trade, South Korea has stepped up efforts to win nuclear energy plant export orders.

If a last deal is signed, it is going to be “an achievement supported by the Korean authorities’s agency willpower and coverage to export nuclear vegetation”, Minister of Commerce, Business and Power Chang-Yang Lee mentioned.

Defence partnership

Throughout his go to to South Korea, Polish State Property Minister Jacek Sasin additionally mentioned enhancing Poland’s defence partnership with Seoul, he mentioned on Twitter.

“We welcome the knowledge that ZE PAK and PGE have entered into talks with KHNP, which can additional strengthen relations between Poland and South Korea,” Sasin was quoted as saying in a press release.

ZE PAK, owned by billionaire Zygmunt Solorz, produces power primarily from lignite, however plans to part out coal by 2030 and produce power solely from renewable sources afterwards.

Monday’s agreements comply with an announcement on Friday when Warsaw mentioned US agency Westinghouse Electrical Co will construct the nation’s first nuclear energy plant in northern Poland.