S. Korea offers to help Poland build nuclear power plants

Korea Electric Power

17/02/2021 12:18

WARSAW, Feb 17 (Reuters) - State-owned Korea Hydro & Nuclear
Power Co (KHNP)  015760.KS  has offered to help Poland build its
first nuclear power plants, as Warsaw moves to reduce carbon
emissions, the company said on Wednesday, following similar
offers from the U.S. and France. 
    Poland currently generates most of its electricity from coal
and is betting heavily on nuclear power to meet its future
energy needs, alongside wind and solar power.
    Warsaw plans to build 6-9 gigawatts (GW) of nuclear energy
capacity, completing construction of its first power plant by
2033, but has not yet worked out a financing scheme or proposed
a final location.
    Poland's most advanced talks on technology and financing are
with the United States, but it has also talked to France about
potential cooperation.  urn:newsml:reuters.com:*:nL8N2KE1KX
    "We are ready to cooperate with Poland to build its nuclear
power plant through access to the proven advanced Korean nuclear
technology, and by seeking financial solutions," KHNP said in a
statement. 
    "KHNP is ready to talk to Polish authorities to understand
their requirements and the final shape of the nuclear power
financing model," it added. 
    KHNP has proposed its Advanced Power Reactors (APR 1400) for
the Polish nuclear programme.
    The Polish climate and environment ministry was not
immediately available to comment on KHNP proposal. 

    
    

 (Reporting by Agnieszka Barteczko; Editing by Kirsten Donovan)
 ((agnieszka.barteczko@thomsonreuters.com; +48226539700; Reuters
Messaging: agnieszka.barteczko.reuters.com@thomsonreuters.net))