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2012 08 03

Hitachi wants builder of Visaginas nuclear plant to be established before referendum

Japan’s Hitachi, a strategic investor in Lithuania’s projected nuclear power plant, wants the company that will actually build the nuclear facility to be established before the referendum on the construction of the nuclear power plant this fall.
Visagino AE mobilusis informacinis centras
Visaginas Nuclear Power Plant / Aliaus Koroliovo nuotr.

As the news portal lrytas.lt reports, Hitachi is certain that all major Lithuania’s political parties support the project of the nuclear power plant in Visaginas.

“Now we are trying to set up the project’s steering committee, which would also involve Latvia and Estonia alongside Lithuania. We have to hold much wider discussions so as to establish the project company. We want to set up that company as soon as possible. It means that we expect this to be done before the referendum,” Terry Kubo, head of public relations service at the Power Systems unit of Hitachi Ltd, told the portal.

“In our opinion, all main parties in Lithuania do not object to the nuclear power plant in Visaginas. They understand that the nuclear power plant is necessary to ensure energy security of the region... Of course, much will depend on the referendum, on the new government, its decisions. We do not know whether we will still be able to contribute to this project. We hope we will be able to, so we continue discussions and offer our technology to the region,” Kubo said.

He confirmed statements by Lithuania’s officials that Hitachi would not build the nuclear facility in Visaginas with Lithuania alone, i.e. without Latvia and Estonia.

However, he would not answer directly the question whether the price of electricity that will be generated by the future nuclear facility might exceed the price of electricity that might be acquired from other sources.

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