Poland is taking a significant step towards diversifying its energy portfolio by committing 4.6 billion zloty (€1.07 billion) from its 2025 budget to initiate the development of the country’s first nuclear power plant. This project, expected to be located near the Baltic Sea, is a strategic move to reduce electricity costs and enhance energy security, according to Finance Minister Andrzej Domanski.
Set to be the largest investment in Poland’s history, the nuclear plant is projected to begin operations within the next decade, with completion anticipated by 2034. The initial funding is part of a broader 60 billion zloty (€14 billion) investment planned for the 2025–2030 phase of the project, with further financial and technological support expected from the United States.
The International Atomic Energy Agency (IAEA) conducted a review mission in April, praising Poland's progress in building the necessary infrastructure for nuclear power. The review highlighted Poland’s strategic approach to funding, early authorisation of technical support organisations, and strong stakeholder engagement.
This nuclear initiative complements Poland’s broader energy strategy, which includes recent plans for a €5 billion loan program to boost offshore wind energy, supported by EU recovery funds.
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