THE CLOSURE of the first and second units of the V1 nuclear power station in Jaslovské Bohunice, in 2006 and 2008 respectively, required by Slovakia’s EU accession treaty, made Slovakia dependent on imports of electricity. Completion of the 3rd and 4th units of the nuclear power station in Mochovce will restore the country’s capacity to cover its own electrical energy needs.
“Mochovce is the priority project on our strategic agenda since we are striving to achieve and maintain independence in managing sources of energy and looking for a sustainable answer to the demand,” Paolo Ruzzini, Chairman and Director General of Slovenské Elektrárne (SE), told The Slovak Spectator. “Once units 3 and 4 are up and running, the Mochovce nuclear power station will cover 45 percent of the domestic power demand and will restore the country’s energy independence.”
SE, the largest power generating utility in Slovakia, announced the decision to complete the Mochovce nuclear power station in February 2007. The hefty investment required stems from SE’s goals to generate low-cost electricity, free from carbon dioxide emissions, with an adequate portfolio of renewable sources as well as reserve capacity.
“The importance of this project is shown by the investment volume of €2.775 billion for the energy security of the country and for the overall Slovak economy, by 4,000 jobs created during the construction, and hundreds of jobs for the plant’s operation,” said Ruzzini.
SE obtained a positive assessment from the European Commission in July 2008 and in November last year officially started on-site construction. SE signed contracts with its main suppliers in June 2009 and the construction work has been getting into full swing since then. The assessment of the facility’s impact on the environment should be completed at the end of 2009 or early 2010. Then the application for a licence to put the nuclear facility into operation will follow. SE says it is determined to complete the unit 3 in 2012 and unit 4 in 2013.
Both of the two new units at Mochovce will consist of a modernised VVER V-213 reactor, each with a nominal installed output of 440 MW. Capital expenditures are expected to be €2.775 billion and the company foresees financing €2.2 billion of the costs from its own resources .