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) < > Georgia Family Sues Sealy Following Man's Death 4 hours, 34 minutes ago National Guard Prepares for Trump Inauguration With New Patches 4 hours, 40 minutes ago Woman Who Helped Sink Trudeau Enters Race to Lead Canada Jan 17, 2025 2:08 PM CST Kemp Proposes Medicaid Changes for Low-Income Families Jan 17, 2025 9:32 AM CST Canada Considers US Submarine Purchase Amid Trade Tensions Jan 17, 2025 7:54 AM CST NOLA Clears Homeless Encampments Ahead of Super Bowl Jan 17, 2025 6:52 AM CST Trump Enlists NJ Congressman to Halt Offshore Wind Jan 17, 2025 6:23 AM CST Rare 1904 Olympic Gold Medal Goes Up for Auction Jan 17, 2025 1:45 AM CST Ohtani Donates $500K to Aid in Wildfire Relief Jan 17, 2025 1:15 AM CST Nintendo Unveils Switch 2 Jan 17, 2025 12:45 AM CST China Faces 3rd Year of Population Decline Jan 17, 2025 12:15 AM CST Lorne Michaels Donates Career Archive to University of Texas Jan 16, 2025 1:08 PM CST South Carolina Unveils $1.8B Accounting Oversight Jan 16, 2025 1:45 AM CST Texas Deputy Shot Serving Warrant Jan 16, 2025 1:15 AM CST Cuba Begins Prisoner Release After Vatican-Brokered Deal Jan 16, 2025 12:15 AM CST Report an error