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) < > Carlo Acutis to Be Canonized by Pope Francis 0 minutes ago Women Achieve Legislative Majority in Colorado, New Mexico 18 minutes ago 30-Year Mortgage Rates Near Highest Level Since July 1 hour, 3 minutes ago Search Is On for Thief Who Stole 9/11 Memorial Rose 1 hour, 38 minutes ago Alabama Inmate Faces Execution via Nitrogen Gas 1 hour, 44 minutes ago 12 Arrested Over Deadly Train Station Collapse 1 hour, 50 minutes ago Iceland Volcano Erupts for 7th Time Since December 12 hours, 33 minutes ago To Welcome 2025, City Will Demolish Hotel Elvis Once Stayed At 13 hours, 3 minutes ago Ex-UVA Student Admits to Killing 3 Football Players 13 hours, 33 minutes ago Court Rules in Favor of Worker Fired for Eating Croquette 14 hours, 3 minutes ago Trudeau's Employment Minister Resigns Over Indigenous Claims Nov 20, 2024 3:01 PM CST Court Decision Ends Jackson Airport Control Dispute Nov 20, 2024 2:50 PM CST Trump Favors TV Personalities for Key Administration Roles Nov 20, 2024 1:45 AM CST Susan Smith Seeks Parole After 30 Years in Prison Nov 20, 2024 1:15 AM CST Work Intensifies at Controversial Olympic Sliding Center Nov 20, 2024 12:45 AM CST Authorities Seize $8.5M in Etruscan Artifacts From Illegal Dig Nov 20, 2024 12:15 AM CST Australian Tourists Hospitalized After Tainted Drinks in Laos Nov 19, 2024 2:47 PM CST Family Urged Search After Deadly Louisville Plant Explosion Nov 19, 2024 2:36 PM CST Report an error