South Korea, Poland Advance Multi-Billion Nuclear Projects

Poland has advanced its plans for its first nuclear power plant by signing a new Engineering Development Agreement (EDA) with the US consortium Westinghouse-Bechtel, replacing a previous contract and ensuring continued progress on the project in Pomerania. The agreement, attended by Polish Prime Minister Donald Tusk and US Energy Secretary Chris Wright, includes enhanced terms to strengthen investment security and outlines steps for detailed design, permitting, and supply chain development. Polish officials highlighted that the renegotiated terms make the investment more secure and mutually beneficial, and both sides anticipate long-term cooperation, including potential future nuclear projects and collaboration on small modular reactors. The project has substantial government backing, with 60 billion zlotys (about €14 billion) allocated for its financing. Officials from both countries expressed optimism that this partnership will serve as a foundation for further nuclear energy collaboration in Europe.