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

Published on 11/12/2026 at 12:22 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

PGE stock will prepare site studies for Poland's second nuclear plant. A prefeasibility study for Be?chatów and Konin is targeted by mid-2027.

Nuclear role expands PGE's pipeline

PGE will prepare site analyses and preliminary feasibility studies for Poland's second nuclear power plant.
Be?chatów and Konin are the leading locations under consideration.
Poland plans to select a strategic partner in 2027 and start commercial operation of the first unit in 2040.

PGE, PLPGER000010, Illustration mit AI erstellt.

Polska Grupa Energetyczna is taking a defined role in preparing Poland's second nuclear power plant. Under an agreement signed on October 13 by the Energy Ministry, Polskie Elektrownie J?drowe and PGE, PEJ will act as investor and project coordinator, while PGE will conduct site analyses and prepare preliminary feasibility studies.

The agreement covers the preparatory phase rather than a final investment decision. Be?chatów and Konin are the leading candidates for the project, according to PAP. PGE will work with potential technology suppliers as it assesses the locations and develops the studies.

Studies set the next milestone

PAP reported on November 5 that PGE chief executive Dariusz Lubera expects a substantial prefeasibility study for the two locations by the middle of 2027 at the latest. He said the utility would ideally complete the work around the turn of the first and second quarters of next year while consulting three potential suppliers.

The timetable follows an update to Poland's nuclear programme. The government plans to select a strategic partner for the second plant in 2027 and identify the location in 2028. Commercial operation of the first unit is planned for 2040.

For PGE, the project adds a long-duration development task to its broader transition away from coal-intensive generation. The current agreement gives the utility a role in technical and location preparation, but it does not establish PGE as the project's investor or confirm a final site, reactor supplier or financing structure.

Investor context remains execution-led

PGE stock traded at 3.60 euros on Lang & Schwarz at 12:16 CET on Thursday, November 12, 2026. The quote provides a current trading reference, while the nuclear project's impact on the shares will depend on future site decisions, technology selection and capital requirements.