{"id":11823,"date":"2014-10-10T12:00:00","date_gmt":"2014-10-10T09:00:00","guid":{"rendered":"https:\/\/vo.afonico-test.ru\/novosti-otrasli\/polish-nuclear-joint-venture-gets-antitrust-approval\/"},"modified":"2014-10-10T12:00:00","modified_gmt":"2014-10-10T09:00:00","slug":"polish-nuclear-joint-venture-gets-antitrust-approval","status":"publish","type":"post","link":"https:\/\/vosafety.ru\/en\/novosti-otrasli\/polish-nuclear-joint-venture-gets-antitrust-approval\/","title":{"rendered":"Polish nuclear joint venture gets antitrust approval"},"content":{"rendered":"

Poland\u2019s Office of Competition and Consumer Protection (OCCP) has approved the formation of a joint venture between three utilities and a mining company to build the country\u2019s first nuclear power plant.<\/strong><\/h4>\n

In July 2012\u00a0copper miner KGHM Polska Mied\u017a and power utilities Tauron Polska Energia and Enea, which are 31.8%, 30% and 51.5% state-owned, respectively, agreed to take minority stakes in the $10.3\u201311.3\u00a0billion project with Polska Grupa Energetyczna (PGE).<\/p>\n

PGE created the project company, PGE EJ 1, in January 2010\u00a0and aims to sell 10% stakes to Tauron, Enea and KGHM Polska Mied\u017a. This plan would not impede competition in the power generation and distribution market, OCCP said yesterday.<\/p>\n

As the planned nuclear power plant will account for 7% of Poland\u2019s power supply, a significant increase in PGE, Tauron and Enea\u2019s individual market positions is unlikely and they will in any case produce electricity from other forms of energy independently of each other, OCCP said.<\/p>\n

According to Poland\u2019s antitrust regulations the transaction must be completed within two years of its approval.<\/p>\n

Amec Nuclear UK said in July it had been selected as technical adviser to support PGE EJ1\u00a0during the development and execution of the nuclear new-build project. Amec will support PGE EJ1\u00a0in meeting the requirements of the yet-to-be-selected reactor vendor and EPC (engineering, procurement and construction) contractor and other key service providers.<\/p>\n

Poland\u2019s energy policy plans include operating nuclear power plants from about 2025\u00a0as it moves away from its current heavy dependence on coal and imported gas. PGE plans to install around 3000\u00a0MWe of nuclear capacity at one of three potential sites, with the first unit coming online by 2025.<\/p>\n

Public support for the construction of Poland\u2019s first nuclear power plant stands at 64%, according to a report published last month by the Polish Institute of International Affairs. Of the 64% supporting Polish plans for a nuclear power plant, 57% cited its potential for providing increased energy independence for the country as a reason for their support. Economic benefits were less frequently cited: 42% of pro-build respondents cited employment opportunities, while 26% and 24% respectively cited technological progress or the involvement of Polish companies in the project.<\/p>\n","protected":false},"excerpt":{"rendered":"

Poland\u2019s Office of Competition and Consumer Protection (OCCP) has approved the formation of a joint venture between three utilities and a mining company to build the country\u2019s first nuclear power plant. In July 2012\u00a0copper miner KGHM Polska Mied\u017a and power utilities Tauron Polska Energia and Enea, which are 31.8%, 30% and 51.5% state-owned, respectively, agreed…<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15],"tags":[],"class_list":["post-11823","post","type-post","status-publish","format-standard","hentry","category-novosti-otrasli"],"translation":{"provider":"WPGlobus","version":"3.0.6","language":"en","enabled_languages":["ru","en"],"languages":{"ru":{"title":true,"content":true,"excerpt":false},"en":{"title":false,"content":false,"excerpt":false}}},"acf":[],"yoast_head":"\nPolish nuclear joint venture gets antitrust approval - JSC \u201cVO \u201cSafety\u201d<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/vosafety.ru\/novosti-otrasli\/polish-nuclear-joint-venture-gets-antitrust-approval\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Polish nuclear joint venture gets antitrust approval - 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