Firms queue up for new Czech nuclear plant

Five companies have expressed their interest in a developing a new nuclear reactor planned by the Czech government.

Industry and Trade Minister Jan Mladek announced that Korea Electric Power Corp. (015760), Westinghouse Electric Co LLC, Rosatom Corp., Areva SA (AREVA) and a Chinese state company have expressed interest ahead of the publication of the country’s long-term energy strategy, Mladek said in an interview with Pravo newspaper.

The Czech Republic is revamping its energy plans after state-controlled utility CEZ AS cancelled a $15bn tender for two nuclear reactors at the Temelin nuclear power station in April. The tender was scrapped because the government declined to provide price guarantees on power generated by new units.

The future project could be divided between Temelin and the older Dukovany nuclear station, with each power plant getting one new reactor, Mladek said. He added that each bloc could be built by a different investor, according to the minister, with new reactors scheduled to come online by 2030.



Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Whitepapers

Logistics Risk Management in the Transformer Industry

Transformers often are shipped thousands of miles, involving multiple handoffs,and more than a do...

Secrets of Barco UniSee Mount Revealed

Last year Barco introduced UniSee, a revolutionary large-scale visualization platform designed to...

The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...