Commission opens in-depth investigation into Polish support for nuclear power plant
The European Commission (Commission) has launched an in-depth investigation to determine whether Poland’s planned public support for a nuclear power plant in Lubiatowo-Kopalino complies with state aid rules. The project, led by State-owned Polskie Elektrownie Jądrowe (PEJ), involves constructing a nuclear facility with a capacity of up to 3750 MW, scheduled to begin operations in the second half of 2030. With estimated investment costs of EUR 45 billion, the plant aims to enhance energy security, support decarbonisation, and diversify Poland’s energy mix. Poland intends to finance the project through an equity injection of EUR 14 billion, State guarantees covering 100% of the project’s debt, and a two-way contract for difference (CfD) to provide revenue stability for 60 years.
Whilst the Commission acknowledges the necessity of the aid, doubts remain in the preliminary assessment regarding its proportionality, appropriateness, and potential market impact.
The investigation will allow Poland and third parties to submit comments. From the date of publication in the OJ, interested parties will have a month to provide observations. Clayton & Segura will keep you updated on this link and can help you prepare comments.
The non-confidential version of the decision will be made available under the case number SA.109707 in the state aid register.
For more information, see the PR.