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

Published on 11/13/2026 at 12:23 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

PGE stock will support studies for Poland's second nuclear plant. Management targets a prefeasibility milestone by mid-2027.

PGE's Nuclear Role Takes Shape

PGE will analyze Be?chatów and Konin for Poland's second nuclear power plant.
Polskie Elektrownie J?drowe will remain the project's investor and coordinator.
Poland plans to select a strategic partner and technology in 2027, with the first unit targeted for commercial operation in 2040.

PGE, PLPGER000010, Illustration mit AI erstellt.

PGE is taking a defined preparation role in Poland's second nuclear power plant, with management targeting a substantial prefeasibility study for the potential Be?chatów and Konin sites by mid-2027. Chief Executive Dariusz Lubera gave the timetable on November 5 at the Euro POWER & OZE POWER conference, according to the Polish Press Agency.

Studies Set The Next Milestone

PGE will conduct location analyses and prepare preliminary feasibility studies together with potential technology suppliers. Lubera said the utility would ideally complete the work around the turn of the first and second quarters of 2027, while the formal target is the middle of next year at the latest.

The assignment follows an agreement signed on October 13 by Poland's Energy Ministry, Polskie Elektrownie J?drowe, or PEJ, and PGE. PEJ will act as investor and project coordinator. PGE's responsibility is preparatory rather than a final investment decision: the agreement does not confirm the site, reactor supplier, project capacity or financing structure.

Long-Term Option, Open Decisions

Be?chatów in the ?ód? region and Konin in Greater Poland remain the leading candidates. Both locations are linked to PGE's existing energy infrastructure, but the site choice still depends on further analyses. The updated Polish Nuclear Energy Programme calls for the selection of a strategic partner and technology in 2027, followed by identification of the location in 2028.

Commercial operation of the first unit is planned for 2040. For investors, the timetable creates a long-term development option for PGE within Poland's energy transition, but it does not yet establish near-term earnings or cash-flow effects. Capital needs, technology selection and the eventual financing model remain key variables for the investment case.

Shares Trade Ahead Of Next Steps

PGE stock traded at 3.64 euros on Lang & Schwarz at 12:17 CET on Friday, November 13, 2026. The next project milestones are the site analyses, preliminary feasibility work and the planned 2027 selection process for a strategic partner and technology.