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Brussels investigates €30bn public loan for two reactors in Czechia

The European Commission opens an in-depth investigation into Prague’s public funding of a major nuclear project, which could reach €30bn ($32.88bn), with guaranteed revenues over forty years.

Brussels investigates €30bn public loan for two reactors in Czechia

CountriesTchéquie, Corée du Sud
CompaniesKorea Hydro & Nuclear Power, CEZ, Commission européenne
SectorÉnergie Nucléaire
ThemeRégulation & Gouvernance

The European Commission has announced the opening of an investigation to determine whether the Czech government’s proposed public support for the construction of two new nuclear reactors complies with European Union state aid rules. The project, planned at the Dukovany site, is part of Prague’s energy strategy to reduce reliance on fossil fuels.

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Énergie Nucléaire