Orlen Synthos Green Energy (OSGE) has been included in the strategic American Phoenix program and will receive financing from the Department of State to accelerate the project to build small nuclear reactors (SMR) in Poland, the company announced.
Funding for OSGE was provided through Project Phoenix. This is a program of the US Department of State, the aim of which is to support the energy transformation process in Central Europe by building small modular reactors in place of coal-fired power plants. In addition to OSGE, support will be provided to entities from Slovakia and Romania: Slovenske Elektrarne and Nuclearelectrica.
“We treat the inclusion of OSGE in a strategic program run by the US Department of State as recognition of the level of advancement of our project and recognition of the potential of building a fleet of SMR reactors in Poland. Thanks to our inclusion in the Phoenix Project, we can significantly accelerate our activities in cooperation with the American government, but also with experienced and recognized companies in the nuclear energy field from the United States, in cooperation with which the Phoenix Project will be implemented,” said Rafał Kasprów, president of OSGE, quoted in the release.
The SMR technology implemented by OSGE in Poland is BWRX-300, developed by the American company GE Hitachi Nuclear Energy. OSGE has the exclusive right to implement the technology in Poland.
Project Phoenix is an initiative of the United States government to support the transition in Europe from fossil fuel-based energy to SMR reactors while preserving local jobs through retraining workers.
The program provides direct financial support from the U.S. government to develop feasibility studies for selected SMR technologies. Activities supporting the energy security goals of Central and Eastern European countries may also be financed.
Orlen Synthos Green Energy (OSGE) is a company established by PKN Orlen and Synthos Green Energy. The company wants to play a leading role in the implementation of modular nuclear reactors in Poland.