BUSINESS IN SHORT

Talks on new Bohunice plant to start

THE GOVERNMENT is set to start negotiations about the construction of a new nuclear power plant in Jaslovské Bohunice in Trnava Region. The cabinet on April 10 authorised Economy Minister Tomáš Malatinský to launch talks with Rosatom, the Russian energy company, and ČEZ Bohunice firm about conditions for changing the ownership structure of Slovakia’s Nuclear Energy Company (JESS).

THE GOVERNMENT is set to start negotiations about the construction of a new nuclear power plant in Jaslovské Bohunice in Trnava Region. The cabinet on April 10 authorised Economy Minister Tomáš Malatinský to launch talks with Rosatom, the Russian energy company, and ČEZ Bohunice firm about conditions for changing the ownership structure of Slovakia’s Nuclear Energy Company (JESS).

Rosatom representatives have negotiated only with the state-run Nuclear and Decommissioning Company (JAVYS), which owns a 51-percent share in JESS, so far.

“The Russian side in the talks [with JAVYS] delved into areas that are beyond its powers,” Malatinský said, as quoted by the TASR newswire. “So it was necessary to include individual ministries in the talks.”

Rosatom has demanded that the price of electricity produced by the new plant be guaranteed over the long term. But Slovakia does not have a mechanism to guarantee long-term electricity prices, Malatinský noted, as reported by TASR.

“We most probably will not be able to meet many demands from the Russian side, but I do not want to prejudice the results of the talks,” said Malatinský.

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