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The construction permit has been issued for the implementation of a tramway to Mistrzejowice! Its construction will start soon, and if all goes well, residents of Krakow will be able to use this shortened route as early as the end of 2025. Thanks to this investment, travel time from the northern part of Krakow to the center (Mistrzejowice – intersection of Lema and Meissner streets) will be shorter by about 12 minutes. This is the first such a large transport investment in Poland implemented under the Public-Private Partnership (PPP) formula. At Sotis Advisors, we are proud of this development, as we were involved in the development of environmental and social Due Diligence, including performing GET (Green Economy Transition) analysis, an analysis of the project’s compliance with environmental requirements. And all this in accordance with the standards and policies of the European Investment Bank and the European Bank for Reconstruction and Development, which, on the basis of our documentation, were able to engage, among others, in the construction of the tramway to Mistrzejowice.

An agreement with Lubelski Węgiel “Bogdanka”. For the next two years, we will advise LWB on how to prepare for the environmental impact assessment procedure, as well as support in the receipt of documents and participate in meetings with administrative authorities and other project stakeholders. The project will be carried out by our experts with many years of experience in the field: hydrogeology and geology, naturalists, specialists in water bodies and spatial analysis, and others. “We have a challenging task ahead of us,” says Przemek Żydak. – This is a project that involves mining coal in an existing mine. And coal, as we know, is on the censor today. Except that LWB has non-methane deposits, which are a strategic reserve until other sources of energy generation from RES or nuclear are built. This is an advantage of “Bogdanka” over other Polish coal mines. However, we realize that we have a lot of effort ahead of us, really a lot of work and a lot of discussions, carried out together with the investor, so that the preparations on the project meet modern standards in environmental protection.”

photo: LW Bogdanka/View of the shaft tower at Bogdanka

“The costs of implementing nuclear power” is the next article in the #AtomInAction series, which will feature publications on nuclear power. Together with energy experts from Deloitte, we take a closer look at the topic of nuclear from the perspective of technology, application and operational safety.

The cost of building nuclear power plants and the cost of the energy they produce are important parameters for assessing and selecting the directions of development of the electricity sector. In this respect, it is important to recognise that the construction of a large-scale nuclear power plant with a capacity of several gigawatts is a much more costly undertaking than the construction of any other power plant. This is the case both in overall terms and in price per unit of installed capacity. At the same time, the electricity produced by a nuclear power plant is one of the cheapest available on the market, and its costs are comparable to those of renewable electricity (taking into account system costs). In addition to the other benefits of implementing nuclear power, such as controllability of production or lack of greenhouse gas and air pollution emissions, the amount of cost is also a major factor in its importance for the country’s energy security.

The entire article can be found on the Deloitte website.