Subject to customary regulatory clearances and security assessments, CEZ will make an investment into Rolls-Royce SMR, acquiring a stake of approximately 20 percent.
On 18 September, Czech Prime Minister Fiala announced that CEZ and Rolls-Royce SMR would enter a strategic partnership to enable the development and construction of SMRs in the Czech Republic. CEZ and Rolls-Royce SMR will work collaboratively on plans for the deployment of up to 3 GW of clean, affordable energy in the Czech Republic. CEZ and Rolls-Royce SMR will work to finalise contractual order terms for an order of the first unit with early works expected to commence as soon as 2025. Furthermore, CEZ will support Rolls-Royce SMR to deploy SMR projects across Europe, leveraging the learning curve and knowledge transfer across projects.
This collaboration, expected to last several decades, is more than just an agreement between Rolls-Royce SMR and CEZ, it represents an important strengthening of ties between the UK and Czech Governments. It also signals a strong commitment to building an international supply chain, generating an enormous opportunity to develop skills in both countries and deliver significant economic growth.
Nuclear energy will play a key role in both the UK and the Czech Republic as both countries seek a secure, clean, and affordable supply of electricity for generations to come.
Each Rolls-Royce SMR power station is expected to produce 470MWe of stable, affordable, emission-free electricity – enough to power a million homes for at least 60 years.
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| Rolls-Royce SMR Limited |
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| Dan Gould, |
Ladislav Kříž |
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| https://www.rolls-royce-smr.com/ |
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