Decommissioning of Ignalina nuclear plant will cost extra €900m by 2020

DELFI / Orestas Gurevičius

“Based on preliminary estimated, we may need around €900 million. The negotiations have not yet started,” said Audrius Kamienas, the director of the Activity Planning and Finance Department at the INPP. “We expect that after 2020, all Lithuanian institutions will make efforts to continue and secure financing from the EU and donors so that we can proceed with the decommissioning.”

Deputy Minister of Energy Rokas Baliukovas said negotiations for additional funds for the decommissioning process from the European Commission will begin in 2017 or 2018.

Kamienas said that €941 million had been spent on the decommissioning since 2016 and that an additional €745 million in national and EU funds had been budgeted by 2020. The total cost is expected to be a total of €2.593 billion, and the process is scheduled to end in 2038.

The Ignalina plant is a Soviet-era power plant that was built using RBMK-type reactors that are not considered safe for use.

You may like

Be the first to comment

Leave a Reply

Your email address will not be published.