Technology / Czech Republic Czech Power Company Teams With Rolls-Royce CEZ boosts energy plans with strategic nuclear partnership By Newser.AI Read our AI policy Posted Oct 29, 2024 11:58 AM CDT Copied An aerial view of Czech Temelin nuclear plant in Temelin, South Bohemia, Czech Republic, Wednesday, May 29, 2002. (Milan Knize/CTK via AP) The Czech power giant CEZ has forged a strategic alliance with Britain's Rolls-Royce SMR to advance small modular nuclear reactors. This landmark collaboration entails CEZ obtaining a 20% stake in Rolls-Royce SMR for hundreds of millions of dollars. The initial reactor is slated to be constructed by CEZ at the Temelin nuclear plant in the early 2030s. This partnership aims to inject up to 3 GW of nuclear energy into the Czech energy matrix. "It's an important moment for ensuring energy security of the Czech Republic," as Czech Prime Minister Petr Fiala put it. The Czech Republic currently derives over a third of its electricity from its six nuclear reactors; CEZ says a power plant using a small modular reactor should be able to pump out 470 MW for 60 years. These reactors promise scalability and quicker construction timelines compared to traditional reactors, and can produce roughly one-third the power. Advancing this initiative aligns with the Czech Republic's goal to kill coal usage by 2033. (This story was generated by Newser's AI chatbot. Source: the AP) < > Megyn Kelly Endorses Trump in Fiery Pittsburgh Speech Nov 5, 2024 12:45 AM CST Nigerian President: Release 29 Kids Facing Execution Nov 5, 2024 1:45 AM CST Iranian Official Contradicts Tehran's Claim on Prisoner's Death Nov 5, 2024 8:32 AM CST Australia Confronts India Over Sikh Activist Allegations Nov 5, 2024 1:15 AM CST Sheriff's Lieutenant Apologizes for Anti-Democrat Posts Nov 4, 2024 12:35 PM CST Russian Rocket Successfully Launches Iranian Satellites Nov 5, 2024 9:16 AM CST Starmer Calls for Terror-Level Action on Smugglers Nov 5, 2024 12:15 AM CST Nintendo Profits Plummet as Switch Demand Cools Nov 5, 2024 1:44 PM CST Conor McGregor Faces Civil Suit Over 2018 Assault Allegations Nov 5, 2024 9:47 PM CST Moscow Court Rejects American's Drug Conviction Appeal Nov 5, 2024 9:40 PM CST Thousands Displaced Ahead of Paris Olympics, Group Reports Nov 4, 2024 1:24 PM CST China Challenges EU Tariffs on Electric Vehicles Nov 4, 2024 2:14 PM CST Appeals Court Allows Colorado Gun Age Law for Now 2 hours, 50 minutes ago Japan Launches Defense Satellite on New H3 Rocket Nov 4, 2024 10:46 AM CST Serbian Minister Resigns After Fatal Railway Station Collapse Nov 4, 2024 2:11 PM CST Dodgers Star Ohtani Undergoes Surgery Nov 5, 2024 11:00 PM CST Tito Jackson Buried 7 Weeks After His Death 1 hour, 50 minutes ago Jury Acquits Alabama Man in 1988 NH Murder 50 minutes ago Report an error