Reported 29 days ago
Czech power company CEZ has signed a deal with Britain's Rolls-Royce SMR to establish a partnership aimed at developing small modular nuclear reactors. CEZ will acquire a 20% stake in Rolls-Royce SMR, investing several billion Czech crowns, and plans to build its first reactor at the Temelin nuclear plant in the early 2030s. This collaboration is expected to enhance energy security in the Czech Republic, which currently generates over a third of its electricity from nuclear power.
Source: YAHOO