KGHM wants to build a nuclear power plant! Sasin declares his support. Where could it be built?

As KGHM reports:

A decision in principle is the first decision in the administrative permit system for investments in nuclear energy facilities in Poland that an investor may apply for. Obtaining a decision in principle expresses the state’s support for implementing a given project and entitles the applicant to seek a number of subsequent administrative decisions, including a location decision and a construction permit.

It also emphasizes: – Until the administrative procedure has been completed, KGHM will not provide information about the course of the proceedings or the details of the application.

The copper giant adds: – The involvement of state-owned companies in the energy transition is supported by Jacek Sasin, Deputy Prime Minister and Minister of State Assets.

Minister Sasin: – Nuclear energy is clean, inexpensive and safe, and will ensure Poland’s continued development. The involvement of Polish companies in ensuring the country’s energy security will enable us to effectively build a strong state. Thank you for KGHM’s very strong involvement in this process.

In its press release, the company notes:

KGHM is involved in the development of nuclear energy in Poland, including the construction of small modular nuclear reactors (SMRs). In 2022, KGHM signed an agreement on preliminary work with the American company NuScale Power, LLC, a nuclear technology supplier. The agreement constituted the first step in the process of implementing SMR technology as part of the KGHM Group’s business activities.

KGHM conducts its activities in accordance with the idea of sustainable development and continually strives to ensure that the entire technological process is safe, innovative and consistent with the principles of a circular economy. The company’s activities and commitments in these areas are set out in its Environmental Policy and Climate Policy, whose overriding goal is for the company to achieve climate neutrality by 2050.

Investments that contribute to the energy transition are also crucial for the copper giant. KGHM aims to diversify its energy sources, including through the active use of renewable sources. By 2030, 50% of the electricity consumed by KGHM will come from its own sources, including renewable energy sources. The Sierra Gorda mine in Chile is already powered entirely by energy from renewable sources.

(Illustrative photo).