“Today we are fighting to be energy secure and our economy to be competitive in Europe and the world,” PGE Polska Grupa Energetyczna CEO Wojciech Dabrowski said in Davos during a panel entitled “The pathway to European energy sovereignty.”
The meeting devoted to Polish-Korean cooperation on the planned construction of the Patnow nuclear power plant was attended by Polish President Andrzej Duda, Deputy Prime Minister, Minister of State Assets Jacek Sasin, South Korea’s Minister of Trade Dukgeun Ahn and representatives of the project partners Johoo Whang, President of Korea’s KHNP, and Marcin Stec, member of the Supervisory Board of ZE PAK.
On 31 October 2022, the presidents of PGE, ZE PAK and Korea’s KHNP signed a letter of intent to develop a plan to build a nuclear power plant in Patnow, Poland, based on APR1400 technology.
As he pointed out, the construction of the Patnow nuclear power plant aims to increase Poland’s energy security and is a response to the energy crisis, high raw materials prices and carbon emission allowances.
Speaking in Davos, Deputy Prime Minister and Minister of State Assets Jacek Sasin noted that the project of PGE, ZE PAK and KHNP is a support for the Polish energy sector in the context of the government’s planned nuclear power plants, the first of which is to use US technology from Westinghouse.
In turn, Maciej Stec, representing ZE PAK in the discussion, drew attention to the excellent preparation of the Patnow site for the construction of Poland’s next nuclear power plant.
The future nuclear power plant will be powered by ARP1400 reactors. These are based on safe Korean technology that has been operating for more than 40 years and is efficient. KHNP is currently the third-largest nuclear power plant operator in the world. As South Korea’s Minister of Trade Dukgeun Ahn emphasised, the country has a good understanding of the challenges facing Poland. He also recalled one of the largest investments in the world being made by KHNP – the Barakah nuclear power plant in the United Arab Emirates. The first three reactors, each with a capacity of 1,400 MW, have already been – within budget and on schedule – commissioned into service, and a fourth is under construction. The Korean experience in nuclear technology was also highlighted by KHNP’s CEO Johoo Whang. As he declared, the company is willing to share this experience with Poland. He stressed that nuclear technology has enabled Korea to build energy security.
The World Economic Forum is an annual meeting of world leaders – politicians, business representatives, and social activists – which takes place in Davos, Switzerland. Among the main topics discussed this year are the economic crisis, the war in Ukraine and climate protection.
The debate can be replayed on the YouTube channel of the Polish House in Davos.