News

OSGE announces Rumina Velshi – former President and CEO of the Canadian Nuclear Safety Commission – has joined as a Senior Advisor to the CEO and Board as the company works to deploy and operate a fleet of Small Modular Reactors (SMRs) in Europe.

The General Director of Environmental Protection (GDOŚ) has issued a decision specifying the scope of the environmental report for the construction of a small modular reactor (SMR) in Stawy Monowskie, Małopolska region. This is the first such decision in the European Union and another important step in the process of deployment of BWRX-300 SMRs in Poland.

Companies, including OSGE shareholder – Synthos Green Energy – are part of a team led by GE-Hitachi which has been awarded a £33.6 million UK Future Nuclear Enabling Fund (FNEF) grant to support development of the BWRX-300 technology.

The Polish Ministry of Climate and Environment issued six decisions-in-principle for the construction of power plants based on GE Hitachi Nuclear Energy’s BWRX-300 small modular reactor (SMR) at six locations. A total of 24 BWRX-300 reactors can be deployed at the sites. The applications were submitted by OSGE’s special purpose companies.

At the COP28 Climate Change Conference in Dubai, industry representatives from around the world signed a pledge to support the development of nuclear energy. OSGE is among the signatories of this declaration.

OSGE has been awarded in  the strategic Project Phoenix and will receive funding from the U.S. Department of State to accelerate SMR project in Poland. The official launch of the project takes place today in Bratislava.

“The benefits to the economy and local communities of investing in a small nuclear reactors” – was the title of a panel discussion at the XXII Economic Forum in Karpacz, of which OSGE was a partner. A report on the subject prepared by KPMG premiered during the panel.

More than 2,700 new jobs could be created by one BWRX-300 reactor deployed in Poland, while the total economic impact from the operation of such a power plant is estimated at PLN 24 billion. A report on the economic impact of the OSGE project was prepared by KPMG and presented at the Economic Forum in Karpacz.

Stawy Monowskie, Włocławek and Ostrołęka – three proceedings for issuing environmental decisions for the BWRX-300 construction projects are already underway. The first cross-border consultations have also been initiated.