Visaginas Nuclear Power Plant

Visaginas nuclear power plant
Location of Visaginas nuclear power plant in Lithuania
Official name Visagino atominė elektrinė
Country Lithuania
Location Visaginas Municipality
Coordinates 55°36′20.52″N 26°34′33.03″E / 55.6057000°N 26.5758417°E / 55.6057000; 26.5758417Coordinates: 55°36′20.52″N 26°34′33.03″E / 55.6057000°N 26.5758417°E / 55.6057000; 26.5758417
Status Planned
Construction cost €5 billion
Power generation
Nameplate capacity 3,400 MW
Website
http://www.vae.lt/en/

Visaginas Nuclear Power Plant is a planned nuclear power plant project in Lithuania. It was proposed to be built at the site of the closed Ignalina Nuclear Power Plant, which was shut down on 31 December 2009 in accordance with Lithuania's accession agreement to the European Union.[1] The two reactors of the Ignalina plant are currently undergoing a decommissioning process.

History

Discussions concerning the building of a new nuclear power plant started in the 1990s and continued in the 2000s. By the accession agreement to the EU, Lithuania took on an obligation to decommission the reactors of the Ignalina Nuclear Power Plant.

On 1 December 2005, during his visit to Estonia, Lithuanian Prime Minister Algirdas Brazauskas met with the CEO of Eesti Energia, Sandor Liive to discuss Eesti Energia's participation in the nuclear power plant project.[2] On 26 January 2006, in the conference in Vilnius the representatives of all three Baltic states discussed the realization study for construction of a new Power station in the region. On 27 February 2006 at the meeting in Trakai, the Prime Ministers of Lithuania, Latvia and Estonia signed a communiqué which invited state-owned energy companies in Lithuania, Latvia and Estonia to invest in the design and construction of a new nuclear power plant in Lithuania on the basis of agreed terms and conditions applicable to each party involved. On the basis of this communiqué, on 8 March 2006, the heads of Lietuvos Energija, Eesti Energia and Latvenergo during their meeting in Ignalina signed a memorandum of understanding on the preparation for construction of a new nuclear reactor in Lithuania.[3] On 8 December 2006, Poland was invited to join the project.[4]

On 28 June 2007, Lithuania's parliament adopted a law on building a new nuclear power plant, the formal start of a project.[5] On 4 July 2007, the President of Lithuania Valdas Adamkus signed the law and it became effective on 10 July 2007. The law also stipulated creation of a "national investor" to gain investments for the new nuclear power plant.[6] The talks between the government and privately owned NDX Energija on the establishment of the "national investor" company started on 30 November 2007. The creation of the national investor—LEO LT—was agreed between the Government of Lithuania and NDX Energija on 20 December 2007.[7] Lithuanian Parliament approved the agreement on 1 February 2008 and the Lithuanian President Valdas Adamkus signed the law on 12 February 2008.[8][9] However, LEO LT was dissolved at the end of 2009 and the responsibilities for construction of the nuclear power plant took over the special project company Visagino atominė elektrinė. A tender for finding a strategic investor was launched in December 2009.[10]

On 15 November 2007, the environmental impact assessment program was approved. On 30 July 2008, the planned new nuclear power plant was officially named Visaginas nuclear power plant.[11]

On 14 July 2011, Lithuania Ministry of Energy announced that it plans to sign a contract with GE Hitachi Nuclear Energy as strategic investor by the end 2011.[12]

In October 2012 a advisory referendum took place, with 65% of voters voting against the power plant.[13]

On 30 July 2014 Lithuanian Energy Ministry and corporation Hitachi signed a memorandum, declaring intentions to jointly perform preparatory work for setting up an interim project company.[14]

Technical description

Depending on the findings of the environmental impact assessment, the capacity of the power plant would be up to 3,400 megawatts and it would likely consist of two reactors. Depending on the choice of reactor, the power plant would be built by 2018–2020. The project is expected to cost between €3–5 billion.[15]

Project company

The project is developed by Visagino atominė elektrinė, a special project company. A majority of shares in the project company will be owned by the strategic investor. In addition to the strategic investor, Lithuania will retain 34% interests in the project.[10] Estonian, Latvian, and Polish companies will participate in the project as regional partners.[12]

Environmental impact assessment

The environmental impact assessment is carried out by the consortium of Pöyry Energy Oy and Lithuanian Energy Institute.[16] The EIA program was approved on 15 November 2007 and the EIA report was published on 27 August 2008.[11] The whole EIA process was finished on 27 March 2009 and the report was approved by Ministry of Environment on 21 April 2009 by allowing construction of the plant up to 3,400 megawatts.[17] The Environmental Impact Assessment approval was appealed by a coalition of NGOs (Community Atgaja from Lithuania, the Latvian Green Movement, CEE Bankwatch Network and Greenpeace).[18]

See also

References

  1. ↑ Houlton, Susan (31 December 2009). "Lithuania shuts down last reactor". Deutsche Welle. Retrieved 31 December 2009.
  2. ↑ Hõbemägi, Toomas (2 December 2005). "Lithuanian PM - Eesti Energia discuss plan to build new nuclear power station". Baltic Business News. Retrieved 19 January 2013.
  3. ↑ "Three Baltic states say "yes" to nuclear energy". ENS News. European Nuclear Society (12). April 2006. Retrieved 31 July 2008.
  4. ↑ "Ignalina NPP and the Prospects of Nuclear Energy in Lithuania". Office of the Government of the Republic of Lithuania. Retrieved 31 July 2008.
  5. ↑ Adomaitis, Nerijus (28 June 2007). "Lithuania adopts law on new nuclear power plant". Reuters. Retrieved 9 July 2007.
  6. ↑ Adomaitis, Nerijus (28 June 2007). "Lithuania adopts law on new nuclear power plant". Reuters. Retrieved 25 February 2008.
  7. ↑ Adomaitis, Nerijus (20 December 2007). "Lithuania agrees merged energy firm for nuclear plant". Reuters. Retrieved 25 February 2008.
  8. ↑ "Fitch release on Central European Power Sector". Reuters. 14 February 2008. Retrieved 9 July 2007.
  9. ↑ Adomaitis, Nerijus; Lannin, Patrick (1 February 2008). "Lithuania vote gives boost to nuclear plant plan". Reuters. Retrieved 9 July 2007.
  10. 1 2 "Lithuania to select investors". World Nuclear News. 12 November 2010. Retrieved 18 November 2010.
  11. 1 2 "Visaginas recognised with nuclear site name". World Nuclear News. 30 July 2008. Retrieved 18 November 2010.
  12. 1 2 Adomaitis, Nerijus (14 July 2011). "Lithuania picks Hitachi GE for nuclear plant plan". Reuters. Retrieved 14 July 2011.
  13. ↑ Litauen stimmt gegen Atomkraft Frankfurter Rundschau (German), October 15, 2012.
  14. ↑ Lithuania and Hitachi moves on with nuclear power plant project
  15. ↑ "The French or Koreans may build Lithuania's N-plant". Lietuvos Zinios. The Lithuania Tribune. 16 November 2010. Retrieved 18 November 2010.
  16. ↑ "Study on environmental impact of new Lithuanian plant". World Nuclear News. 5 February 2008. Retrieved 18 November 2010.
  17. ↑ "Environmental OK for Visaginas nuclear plant". World Nuclear News. 1 May 2009. Retrieved 18 November 2010.
  18. ↑ "Visaginas Nuclear Power Plant - Lithuania". BankTrack. Retrieved 22 August 2011.
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