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) < > Ex-Prosecutor Arrested for Mayor's Brutal Killing 14 hours, 28 minutes ago Olympic Shot Put Legend Dies at 84 14 hours, 58 minutes ago Florida Schools Remove Iconic Books Amid Controversy 15 hours, 28 minutes ago DOJ Sues to Stop UnitedHealth's Amedisys Acquisition 15 hours, 58 minutes ago 11 Hurt When Explosion Rocks Louisville Business Nov 13, 2024 2:15 AM CST New Mexico Election Official Faces Online Threats Nov 13, 2024 1:45 AM CST Olympian Withdraws From Boxing Elections After Racist, Sexist Attacks Nov 13, 2024 12:45 AM CST Driver Dies After Bypassing Barricade on Damaged Highway Nov 13, 2024 12:15 AM CST Decades-Old Baby Swap Case Unfolds in Norway Nov 12, 2024 4:00 PM CST Waymo Expands Robotaxi Service to All of LA Nov 12, 2024 3:15 PM CST Renowned Artist Frank Auerbach Dies at 93 Nov 12, 2024 2:43 PM CST The Estimate for Fixing Tropicana Field Is In Nov 12, 2024 2:37 PM CST Spy Satellite Imagery Reveals Historic Battle Site in Iraq Nov 12, 2024 1:18 PM CST Thunberg Leads Protest Against Azerbaijan Hosting Climate Talks Nov 12, 2024 1:45 AM CST New Zealand's Prime Minister Apologizes for Decades of Abuse Nov 12, 2024 1:15 AM CST Man Detained After Car Hits Exercisers in Zhuhai Nov 12, 2024 12:45 AM CST 5 Found Dead in Linked Wichita Shootings Nov 12, 2024 12:15 AM CST Report an error