Poland approves funding for first nuclear power plant

Poland has approved up to 60.2bn zlotys ($14.7bn) in funding for its first nuclear power plant, pending European Union approval, reported Bloomberg.  On 7 January 2025, the cabinet led by Donald Tusk adopted a draft bill enabling the state-owned utility PEJ to construct 3.75GW reactors along the Baltic coast. The plant is expected to be completed by 2036, replacing ageing coal-fired plants and ensuring a stable electricity supply while advancing cleaner energy. The funding will…