| Poland's two big-scale programmes: shale gas prospecting and the construction of nuclear power plant cannot both turn out to be successful as one rules out the other, according to president of Poland's biggest power utility PGE Krzysztof Kilian. PGE is the leader of Poland's nuclear energy project. Furthermore, minister of treasury Mikolaj Budzanowski said that Poland's priority is hydrocarbons production, while the ultimate decision on the nuclear energy programme will be made only in 2014-2015. Power market expert Krzysztof Zmijewski (among others, president of Polish Power Grid PSE in 1998-2001) pointed to high costs of both schemes - he estimates the costs of a single nuclear power plant at PLN 50-65bn and stressed that the Premier recently announced that the shale gas project will entail PLN 50bn worth of investments. The first 3,000 MW nuclear power plant in Poland is due to kick off in 2025, while the second one (with the same capacity) - in 2029. In 2011, the State Geological Institute (PIG) estimated that Poland's shale gas deposits are at least around 345-768bn m3. In April of 2011, the U.S. Energy Information Administration (EIA) estimated that Poland's technically recoverable shale gas resources are 187tr cubic feet (or around 5.3tr cu.m.). |
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