PGE stock takes role in Poland's second nuclear plant plan

Published on 11/11/2026 at 12:06 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

PGE stock is tied to Poland's second nuclear plant after a state agreement set out project roles. Site studies and feasibility work are next.

Second Nuclear Plant Moves Forward

PGE will assess potential locations and prepare preliminary feasibility studies for Poland's second nuclear power plant.
Poland plans to select a strategic partner and technology supplier in 2027, start construction around 2032 and commission the first unit around 2040.
Be?chatów and Konin remain the preferred sites, while the final investment decision depends on further analyses.

PGE, PLPGER000010, Illustration mit AI erstellt.

Poland has advanced preparations for a second nuclear power plant, giving PGE a defined role in assessing potential sites and preparing preliminary feasibility studies. The Ministry of Energy, Polskie Elektrownie J?drowe (PEJ) and PGE signed the cooperation agreement on Tuesday, October 13, 2026.

According to World Nuclear News, PEJ will act as the project's investor and coordinator. PGE will conduct location analyses and work with potential technology suppliers on preliminary feasibility studies.

PGE Takes On Preparatory Work

Be?chatów and Konin are the preferred locations under the current planning framework. The final site decision remains open and will follow additional research and analyses. The project is therefore still at a preparatory stage rather than at a construction or investment-approval milestone.

The agreement reflects Poland's updated nuclear power programme, which the government adopted on September 29. A competitive dialogue involving potential partners from the United States, France and Canada is under way. The process is intended to identify a strategic partner, reactor technology and project contractor.

The updated programme calls for the strategic partner and technology supplier to be selected in 2027. Construction is planned to begin around 2032, with the first unit expected to start commercial operation around 2040. The schedule gives PGE a long-term development role but does not yet establish the project's final location, technology, capacity or financing structure.

Long-Term Option For The Utility

For investors, the agreement adds a nuclear-development option to PGE's broader energy transition agenda, while the immediate financial effect remains unclear because no final investment decision or project capacity has been announced. The next material steps are the site studies, preliminary feasibility work and the 2027 partner and technology selection.

PGE stock traded at 3.56 euros on Lang & Schwarz at 12:03 CET on Wednesday, November 11, 2026.