News

#AtomInAction, about the costs of implementing nuclear energy

“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.

Extension of the railway line in the Czech Republic

Sotis Advisors, together with PwC Czech Republic will jointly analyse documentation for the project of expanding the railway connection from the city of Prague to the Prague Ruzyne airport. Anita, as an international environmental expert, will check whether the project, which is the first railway project in the Czech Republic implemented in the public-private partnership formula, meets the requirements of EBRD. The whole project includes the extension of the existing Prague-Kladno railway line to double-track, its electrification and the construction of a new connection to the airport. “There is an ambitious task ahead of us,” says Anita. Within a few weeks, we have to check all the existing project documents, verify their compliance with the requirements of the EBRD policy, international legal standards, develop corrective recommendations and guidance for contract specifications in order to select the contractor. We work in close cooperation with Czech Railways, which has not yet implemented any PPP or EBRD project, so access to data and documents is not easy. We plan to conduct site inspection, training and interviews. We don’t have much time, so the work is intense. Our PPP project experience with the construction of tram to Mistrzejowice in Kraków, which we completed last year also in cooperation with the EBRD, will come in handy”.

photo: Spravazeleznic.cz

Third terminal in the Baltic Hub

WSP invited us to implement an EBRD project, consisting in supervising the construction works of the third Baltic Hub terminal (T3) in Gdańsk. This largest multimodal terminal in Poland reloads thousands of containers with goods from different parts of the world to trains and trucks. The expansion of the Baltic Hub with T3 will increase its capacity and support ultra-large container ships. This is important because this type of transport is environmentally friendly. The EBRD contributed financially to the project which met the Bank’s requirements for Green Economy Transition projects. In the project, Anita plays the role of a local social expert. Supervision is carried out through cyclical verification of documents and field inspections, interviews and a press reviews and social media and will last throughout the whole expansion period of the Baltic Hub and for the first year after the commissioning of T3.

Photo: View of the Baltic Hub from the Stogi beach