Amia 10, 805 WG: The New Zimian government confirmed today that it will nearly double its investments in the nation’s energy industry, by constructing a nuclear power-plant in Ossyo, in the Realm of Bayen. The new power-plant, which will be managed by Ossyo Energy Corporation, a subsidiary of the nation’s government, will provide the entire Realm of Bayen with electricity, which is currently scarce in the region due to a lack of technological innovation. Although the exact details of the plans for the new power-plant have not yet been laid out, it is believed that the Ossyo plant will operate on a smaller scale than the plant which has operated in Seemsy since the 780s, while producing a comparable amount of electricity.
Since the establishment of Seemsy Energy Corporation in the mid-780s, the New Zimian government has invested around 130,000 Polis into the nation’s energy industry, annually. In other words, the government, since the 780s, has devoted approximately 44% of its budget to developing the energy industry. With today’s approval of a second power-plant, the nation’s government has committed to expanding its investments in the energy industry by around 16%, meaning that energy expenditures now constitute around 60% of the nation’s budget, not including the government’s sizeable investment in efforts to extract and export uranium from the North Antarctic, which constitutes another 19% of the national budget. According to Goo Gat, Senior Business Correspondent for the Standard, it is likely that the government will continue to maintain significant investments in the energy industry throughout the foreseeable future.
“The government has made it clear that it is committed to providing a consistent, reliable supply of energy to the peoples of Northern and Central Corum,” says Gat. “It is unlikely that we will see any major investments in any other industries, for at least a few years. In all likelihood, the national government will leave it to regional investors to fund other industries, such as agriculture and commerce. While it may contribute some funding to those efforts, most of the government’s focus will remain on the energy industry for years to come.”
The establishment of Ossyo Energy Corporation is expected to cost the national government around 103,000 Polis. Investments in the new energy company will constitute around 27% of the national budget.