Polish industrial group Industria and UK-based Chiltern Vital Group (CVG) signed an agreement on Monday (13 March) on cooperation in the deployment of Rolls-Royce SMR technology in Poland.
“The development of the SMR [small modular reactor] programme is one of the important elements in shaping the Polish energy mix of the future. I am glad that Industria, a company from the IDA Capital Group, is one of the leaders in this process,” said Cezariusz Lesisz, President of IDA’s management board.
The main provisions of the agreement include cooperation in training and development of skills of Polish students and specialists, exchange of know-how, joint development of related technologies to create large low-carbon regional technology parks, and private financing models.
“Chiltern Vital Group is a very important partner for us due to the group’s experience in industrial cluster projects that will support the development of the Central Hydrogen Valley and the deployment of Rolls-Royce SMRs within the valley. The small modular reactors will produce stable, affordable, low-carbon energy to power the region’s industry and households for at least 60 years. However, in order to achieve this goal, we need to provide significant financial resources,” said Szczepan Ruman, President of Industria’s management board.
Industria cooperates with Rolls-Royce SMR on the basis of a memorandum of intent signed in 2022. In 2023, after working with Rolls-Royce SMR for over two years, Industria selected Rolls-Royce SMR technology as part of Poland’s Central Hydrogen Valley target to produce 50,000 tonnes of low-carbon hydrogen annually.
Poland to establish ‘Central Hydrogen Valley’ following agreement signing