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) < > North Korean Troops in Russian Uniforms Head to Kursk Oct 31, 2024 12:15 AM CDT 2 Journalists Killed in 24 Hours in Mexico Oct 31, 2024 2:45 AM CDT Arizona Launches Recreational Pot Home Delivery Friday Oct 31, 2024 10:37 AM CDT Germany Shuts Iranian Consulates After Prisoner's Execution Oct 31, 2024 2:23 PM CDT Trump Opts for Election Day Vote After All Oct 31, 2024 1:00 PM CDT Supreme Court Rejects Richard Moore Execution Reprieve Oct 31, 2024 2:52 PM CDT Shaun White, Nina Dobrev Announce Engagement Oct 31, 2024 10:29 AM CDT Fatal Stabbing Occurs at Brooklyn Subway Station Oct 30, 2024 1:04 PM CDT Stockholm Launches World's First High-Tech Electric Ferry Oct 31, 2024 2:15 AM CDT North Korea Digs Trenches in the DMZ Oct 31, 2024 2:32 PM CDT Chewy Stock Dips as Roaring Kitty Exits Oct 30, 2024 2:34 PM CDT Ohio Bids Farewell to Trailblazer Jo Ann Davidson Oct 31, 2024 2:21 PM CDT Texas Court Petitioned to Release Uvalde Shooting Records Oct 31, 2024 12:45 AM CDT NFL Race to the Bottom Continues This Season Oct 30, 2024 2:41 PM CDT Stellantis Faces Revenue Slide Amid Product Launch Hitches Oct 31, 2024 12:50 PM CDT Peloton Names Apple Fitness+ Co-Founder as New CEO Oct 31, 2024 10:44 AM CDT Slovak Appeals Court Upholds Ex-President's Sentence Oct 31, 2024 3:00 PM CDT Reddit Is Finally a Profitable Company Oct 30, 2024 12:59 PM CDT Report an error