Ivan Andrievsky, Managing Partner of NKG“2K Audit –Business Consultations”:

 — The terms of the NPP commissioning in Poland and Lithuania have been extended because of the decision of these countries to develop the nuclear power industry on an independent basis

Poland will commission its first nuclear power plant in 2022, 2 years later than it has been planned, — Government Commissioner for Nuclear Power Industry Hanna Troyanovska said to RAR Information Agency of Poland on August 12.

Ivan Andrievsky, Managing Partner of NKG“2K Audit –Business Consultations”:

It is obvious that the terms of the NPP commissioning in Poland and Lithuania have been extended because of the decision of these countries to develop the nuclear power industry on an independent basis. In particular, Warsaw has withdrawn from the project of Visaginsk NPP construction in Lithuania. Estonia has also refused to participate in the construction.

The loss of investors obviously affected the terms of Lithuanian NPP construction. Apparently, Poland also will not be able to independently implement its plans in the scheduled time. As a result, the development of the nuclear power industry of the region is retarded.

At the same time, Baltic NPP, which is being constructed in Kaliningrad, could potentially become an additional source of energy for the whole region. A part of energy which will be produced by Russian NPP is to be exported. It is possible that the countries which cannot manage to implement their projects on NPP construction in time, including the Baltic countries and Poland, will become the importers of that energy.

Alongside with that, European countries have a distinct direction for development – to lower their energy dependence on Russia. Thus, the construction of Baltic NPP is unlikely to stop the plans of Poland and Lithuania to develop their own nuclear power industry. However, Baltic NPP will find a market outlet even without these countries. In particular, these may be the countries of Western Europe.