US EditionCzech Republic plans $19 billion nuclear expansion to double output and end fossil fuel reliance
The $19 billion project aims to double Czech nuclear output to 50-60% by 2050, reducing coal use and dependency on Russian fuel supplies, officials said.
- Coming years, the Czech government is advancing a $19 billion Dukovany nuclear site expansion to at least double output, with South Korea's KHNP winning the contract to build two reactors over 1,000 megawatts each and securing fuel supplies for 10 years.
- Officials say the expansion is needed to wean the country off fossil fuels, secure reliable power and meet low-emission targets amid rising demand from data centers and electric cars.
- CEZ has lined up suppliers and partners, including a Rolls-Royce SMR partnership and fuel deals with Westinghouse and Framatome, while excluding Rosatom and CNG on security grounds.
- Under the financing plan, the Czech government will acquire an 80% majority, secure a loan CEZ will repay over 30 years, and guarantee stable income for 40 years; new reactors start in the second half of the 2030s.
- EU policy shifts have helped unlock financing, and the European Union's nuclear taxonomy acceptance aligns with Britain’s $19 billion Sizewell C project amid Belgium and Sweden reversing phase-out plans, though Austria opposes and spent fuel storage remains unresolved.
54 Articles
54 Articles
Czech Republic Plans $19 Billion Nuclear Expansion to Double Output and End Fossil Fuel Reliance
DUKOVANY NUCLEAR PLANT, Czech Republic—The eight huge cooling towers of the Dukovany power plant overlook a construction site for two more reactors as the Czech Republic pushes ahead with plans to expand its reliance on nuclear energy. Mobile drilling rigs have been extracting samples 140 meters below ground for a geological survey to make sure the site is suitable for a $19 billion project as part of the expansion that should eventually at leas…
Czech Republic plans US$19 billion nuclear expansion to double output and end fossil fuel reliance
The eight huge cooling towers of the Dukovany power plant overlook a construction site for two more reactors as the Czech Republic pushes ahead with plans to expand its reliance on nuclear energy.
Associated Press News
Czech Republic plans $19 billion nuclear expansion to double output and end fossil fuel reliance
The Czech Republic plans to build two new reactors at its Dukovany plant to expand the country's nuclear energy capacity.
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In the Czech Republic, two new reactors are planned to be built at the Dukovany nuclear power plant to increase the country’s nuclear power capacity. The reactors will be built by a South Korean company and each will have a capacity of more than 1,000 megawatts. The expansion of nuclear power, including two additional reactors, aims to double the country’s energy potential and reduce its dependence on fossil fuels. The executive director of the …
Federal government records show that spending on outsourced services will exceed $19 billion in fiscal year 2024-25, an increase of nearly $2 billion from the previous year and a surge of about $8.5 billion compared to 2020.
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