Czech power company CEZ signs deal with Britain's Rolls-Royce SMR to build modular nuclear reactors

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The Czech power company CEZ has signed a deal with Britain’s Rolls-Royce SMR to form a strategic partnership to develop and deploy small modular nuclear reactors. Under the agreement, CEZ will acquire a 20% share in Rolls-Royce SMR for which it will pay several billion Czech crowns (hundreds of millions of dollars).

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CEZ plans to build the first small modular reactor at the existing Temelin nuclear plant in the first half of the 2030s.

 

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