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Despite the ongoing arbitration involving Korea's KHNP and Westinghouse, BiznesAlert. pl reports that Poland remains confident about its atomic project with the Koreans and continues preparations for its construction. Seoul has provided guarantees that there will be no problems.

The Korean Economic Daily reported that talks between KHNP and Westinghouse regarding the transfer of APR1400 reactor technology to Poland for the construction of two to four blocks in Pątnów have failed and went to arbitration. However, both parties are hopeful about a potential settlement. Poland's President Andrzej Duda was supposed to visit South Korea in August to discuss energy matters, among other things.

Polska Grupa Energetyczna and ZE PAK have formed a joint company, PGE PAK Energia Jądrowa, with the hope of securing an investment agreement with KHNP. They plan to build APR1400 reactors in Pątnów, with the first one expected to be ready by 2035. In addition to the atomic project, BiznesAlert.

pl also highlights the concerns of the Polish participants in the nuclear project regarding the creation of the National Energy Security Agency, which aims to take over coal assets as of December 31, 2023. This move will allow energy companies to divest from coal assets, which has become challenging due to the European Union taxonomy. The construction of reactors in Pątnów will require the development of an appropriate financial model.

Through their comprehensive coverage and analysis, BiznesAlert. pl keeps readers informed about the latest developments in Poland's energy industry, thereby contributing to a wider understanding of the country's energy security and sustainability initiatives