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) < > Prince William Walks Green Carpet at Earthshot Awards 4 hours, 13 minutes ago Fraud Charge Dropped Against Man Who Said He Owned Hotel 7 hours, 13 minutes ago Broward County Faces Backlash Over Classroom Cellphone Ban Nov 6, 2024 11:00 PM CST Beyond Meat Rebounds in Q3 Nov 6, 2024 9:27 PM CST UN Condemns North Korea's Latest Missile Tests Nov 6, 2024 5:00 AM CST California Sues Norwalk Over Homeless Shelter Ban Nov 6, 2024 4:00 AM CST Tyka Nelson, Prince's Sister, Dies at 64 Nov 6, 2024 3:00 AM CST Jury Acquits Alabama Man in 1988 NH Murder Nov 6, 2024 2:00 AM CST Tito Jackson Buried 7 Weeks After His Death Nov 6, 2024 1:00 AM CST Appeals Court Allows Colorado Gun Age Law for Now Nov 6, 2024 12:00 AM CST Dodgers Star Ohtani Undergoes Surgery Nov 5, 2024 11:00 PM CST Conor McGregor Faces Civil Suit Over 2018 Assault Allegations Nov 5, 2024 9:47 PM CST Moscow Court Rejects American's Drug Conviction Appeal Nov 5, 2024 9:40 PM CST Nintendo Profits Plummet as Switch Demand Cools Nov 5, 2024 1:44 PM CST Russian Rocket Successfully Launches Iranian Satellites Nov 5, 2024 9:16 AM CST Iranian Official Contradicts Tehran's Claim on Prisoner's Death Nov 5, 2024 8:32 AM CST Nigerian President: Release 29 Kids Facing Execution Nov 5, 2024 1:45 AM CST Australia Confronts India Over Sikh Activist Allegations Nov 5, 2024 1:15 AM CST Report an error