Friday, January 25, 2008

Nuclear Plant Partners Face Hurdle


Financial Times (VILNIUS)-The Baltic States and Poland are struggling to settle the political, commercial and environmental problems involved in their joint plan for a USD 7 billion nuclear power station, aimed at easing expected regional electricity shortages and reducing dependence on Russian energy. The 3,200-megawatt plant built at an ageing Soviet-era nuclear power station at Ignalina, Ignalina, which is due to close in 2009 in line with European Union requirements. The partners are planning for the new plant to start operating in 2015, but industry executives say the deadline is tight. Lithuanian officials, who with Ignalina's looming closure have the strongest interest in pressing ahead. (Reliability:8)

No comments: