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) < > Rose Byrne Stars in Riveting Sundance Thriller 12 hours, 39 minutes ago UN Shares Stats on Child Deaths in Gaza 12 hours, 45 minutes ago Trump Dismantles Biden's Environmental Justice Policies 13 hours, 28 minutes ago Chock and Bates Claim Fourth Consecutive US Ice Dance Title 13 hours, 51 minutes ago Air Force Cuts Historic Videos to Meet Trump's DEI Directive 14 hours, 0 minutes ago Holocaust Survivor Tells His Story as Often as He Can Jan 25, 2025 12:09 PM CST Amid Economic Crisis, Cuba Opens Luxury Hotel Jan 25, 2025 9:19 AM CST To Combat Pollution, Bangkok Offers Free Public Transport Jan 25, 2025 8:41 AM CST Reigning Aussie Open Champ Sabalenka Throws Racket After Upset Jan 25, 2025 8:00 AM CST Ryan Reynolds' Wrexham's European Dreams Dashed Jan 24, 2025 11:49 AM CST Feds Strip DEI Websites After Trump's Order Jan 24, 2025 11:00 AM CST Trailblazing French Female Aviator, Doctor, Officer Dies at 102 Jan 24, 2025 10:00 AM CST Driver Rams Car Into Serbian Protesters Amid Demonstrations Jan 24, 2025 8:00 AM CST Figure Skater Alysa Liu Has Triumphant Return at US Nationals Jan 24, 2025 2:30 AM CST Canadian Freighter Stuck in Lake Erie Ice Jan 24, 2025 1:45 AM CST SZA Joining Kendrick Lamar for Super Bowl Halftime Show Jan 24, 2025 1:15 AM CST Dutch Return Centuries-Old Artifacts to Indonesia Jan 24, 2025 12:45 AM CST Bling Empire: New York Star Dead at 51 After Skiing Accident Jan 24, 2025 12:15 AM CST Report an error