Under the agreement, NuScale will support KGHM with the implementation of SMR technology to replace existing coal-based energy sources. This clean energy is expected to provide power to the copper company’s production plants. This cooperation involves the development and construction of four SMRs, with the option of up to 12 (with installed capacity of around 1 GW). This will potentially be the largest installation of its type in the world. Completion of the project is expected by the end of 2030.

“The changes in the climate are forcing us to take decisive actions,” said Marcin Chludzinski, president of the management board of KGHM. “We are already feeling the impact, including in a financial sense, connected among others with the increases in energy prices.” The company plans to generate power commercially to assist in the green transformation of Poland and bring down costs for the average household, Chludzinski added.

In accordance with its signed commitment, KGHM will not only be a recipient of the final product, but will also actively participate in the development of this technology. The strategy being advanced by KGHM stated that by 2030, half of the company’s power needs will be supplied by its own internal sources.