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) < > Historic Winter Storm Hits Texas and Northern Gulf Coast Jan 21, 2025 7:54 AM CST PM: Girls' Deaths Must Lead to Change Jan 21, 2025 7:50 AM CST Melania Trump Steals Spotlight With Navy Hat Jan 20, 2025 9:01 PM CST Trump Mistakenly Places Spain in BRICS Bloc Jan 21, 2025 11:23 AM CST Masked Group Vandalizes Portland Elections Building Jan 21, 2025 2:30 PM CST Trump's Claim About Splitting the Atom Is Shot Down Jan 21, 2025 7:56 PM CST Wisconsin GOP Pushes to Alter Ballot-Removal Law Jan 21, 2025 12:57 PM CST Jury Selection Begins for Ex-Prosecutor's Trial in Georgia Jan 21, 2025 12:32 PM CST Illegal Gold Mining Ringleader Escapes With Police Help Jan 20, 2025 11:53 AM CST High Winds Fuel New Wildfires in Southern California Jan 21, 2025 8:51 AM CST Southern California Faces Heightened Wildfire Risk Amid Strong Winds Jan 21, 2025 1:15 AM CST A$AP Rocky Faces Trial for Alleged Gunfire Incident Jan 21, 2025 8:57 AM CST Teen Pleads Guilty in Taylor Swift Dance Class Attack Jan 20, 2025 7:55 AM CST Gay Couples in Thailand Prep for Historic Day Jan 21, 2025 11:29 AM CST Brittney Griner Ventures Into WNBA Free Agency Market Jan 21, 2025 10:56 AM CST Strong Earthquake Hits Southern Taiwan Jan 21, 2025 3:15 AM CST Olympic Refugee Boxer Is Going Pro Jan 21, 2025 1:09 PM CST Flash Floods in Java Claim 17 Lives, 8 Missing Jan 21, 2025 2:25 PM CST Report an error