Polish state-controlled energy group PGE and private energy company ZE PAK have established a joint project company to oversee the proposed deployment of APR-1400 nuclear power plants at the Patnow coal site in central Poland.
PGE said the two companies will each have a 50% share in PGE PAK Energia Jadrowa (PGE PAK Nuclear Energy), which will “guarantee the interests of the Polish state treasury”, a majority stakeholder in the PGE group.
In October 2022, ZE PAK and PGE signed a letter of intent with Korea Hydro and Nuclear Power (KHNP) for eventual deployment of the company’s APR-1400 PWR technology at the Patnow coal-fired generation site, owned by ZE PAK.
…