UAE Barakah Nuclear Power Plant
Korea Hydro & Nuclear Power (KHNP) is expected to sign a letter of intent with Poland’s state-run power company PGE Polska Grupa Energetyczna and private firm ZEPAK within two weeks regarding a new nuclear power plant construction project. The project is to replace ZEPAK’s lignite power plant in Patnow, Poland with a nuclear power plant. The operation of the lignite power plant is until 2024.
At the same time, KHNP is competing with Westinghouse and EDF regarding six nuclear power plants to be built in Lubiatowo and Kopalino in Poland.
At present, South Korea and Poland are cooperating closely in the defense sector, and this may have a positive effect on KHNP in the nuclear power plant construction projects. South Korea recently signed contracts with Poland to export K239 Chunmoo MLRS, K2 tank, K9 howitzer and FA-50 light attacker. Presidents Andrzej Duda and Yoon Suk-yeol met with each other in June this year and discussed closer cooperation in the defense and nuclear power industries.
According to experts, it is Westinghouse that currently has the upper hand in Lubiatowo and Kopalino. KHNP is aiming to win at least two out of the six plants. South Korea, the United States and France are also competing in Dukovany, Czech Republic, where a couple of nuclear power plants will be built.
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