Czech Giant CEZ Partners with Rolls-Royce to Develop Mini Nuclear Reactors

CEZ acquires a 20% stake in Rolls-Royce SMR to build small nuclear reactors in the Czech Republic, aiming for stable and low-carbon energy.

Share:

Comprehensive energy news coverage, updated nonstop

Annual subscription

8.25$/month*

*billed annually at 99$/year for the first year then 149,00$/year ​

Unlimited access • Archives included • Professional invoice

OTHER ACCESS OPTIONS

Monthly subscription

Unlimited access • Archives included

5.2$/month*
then 14.90$ per month thereafter

FREE ACCOUNT

3 articles offered per month

FREE

*Prices are excluding VAT, which may vary depending on your location or professional status

Since 2021: 35,000 articles • 150+ analyses per week

The Czech public energy group CEZ, a major player in the sector in the Czech Republic, has announced a significant stake acquisition in Rolls-Royce SMR, the small modular reactor (SMR) subsidiary of British group Rolls-Royce. This acquisition, representing a 20% stake, marks a strategic step for both companies in the development of advanced nuclear technologies, with the goal of building mini-reactors in the Czech Republic.

The first small modular reactor resulting from this partnership is expected to be operational by 2035 at the Temelin nuclear plant, located in southern Czech Republic. CEZ, which currently operates the Temelin and Dukovany plants, aims to contribute to the increase of national nuclear capacity while limiting its carbon footprint. CEZ’s two plants currently provide about 30% of the electricity consumed in the Czech Republic, a share the group plans to increase to 50% by 2050.

A Major Project for the Czech Energy Future

CEZ’s CEO, Daniel Benes, described this partnership as a “historic step in the Czech nuclear program.” The project includes building an additional 3,000 megawatts, an ambitious plan aligned with the Czech government’s objective to strengthen nuclear energy production while gradually reducing coal power plants. The investment in SMRs also offers greater flexibility due to the ease of transporting and installing these small modular units.

The precise costs of the project have yet to be finalized, but Tufan Erginbilgic, CEO of Rolls-Royce SMR, estimates an investment of several billion pounds. He emphasizes the importance of this collaboration in terms of engineering and finance to ensure stable, safe, and low-carbon energy. This synergy between the two groups is aligned with sustainable development goals, meeting growing needs for clean energy.

International Competition and the Choice of Rolls-Royce SMR

The choice of Rolls-Royce SMR as a strategic partner resulted from a rigorous selection process led by the Czech government, which reviewed proposals from seven major global nuclear sector players. Among them were key names such as the American Westinghouse, the Japanese-American group GE Hitachi, and the French EDF. This choice in favor of Rolls-Royce SMR demonstrates the Czech Republic’s desire to bet on a proven and modular technology, suited to its energy infrastructure needs.

Nuclear Capacity Expansion and Energy Transition

In addition to this partnership with Rolls-Royce, CEZ has also committed to strengthening its conventional nuclear capabilities. In July, the group selected South Korean company KHNP to construct two additional conventional nuclear units in Dukovany, for an investment close to nine billion dollars. These new installations should help increase the share of nuclear energy to 50% of the national energy mix, aligning with the goal of transitioning to less polluting energy sources.

The development of these nuclear projects comes within the context of an accelerated energy transition in Central Europe, where many countries seek to reduce their dependence on fossil fuels while ensuring energy security. For the Czech Republic, nuclear energy represents a viable option to address environmental challenges and emission reduction goals.

A nationwide debate on radioactive waste strategy begins on October 13 for four months. It will accompany the preparation of the next five-year roadmap regulating storage, treatment and funding policies through 2031.
Holtec International has ended its planned interim nuclear storage facility in New Mexico, citing ongoing legal hurdles and political deadlock over spent fuel management.
An international audit led by the International Atomic Energy Agency confirms that Spain has fully addressed the recommendations made in 2018 regarding its nuclear waste management programme.
EDF anticipates a 35 MW decrease in output for the Flamanville EPR between 2026 and 2031, citing a degraded performance level with no official technical explanation to date.
Nuclear Power Corporation of India Ltd has pushed the Bharat Small Reactors proposal deadline to 31 March 2026, aiming to expand private sector engagement in the captive nuclear energy project.
The Philippine government grants contractual advantages and priority dispatch to its first nuclear project, laying the groundwork for sustained sector development in the coming decades.
The merger between Terra Innovatum and GSR III Acquisition Corp. includes $130mn in proceeds aimed at supporting the industrial development of its SOLO™ micro-nuclear reactor.
US nuclear technology firm NANO Nuclear Energy has secured $400mn through an oversubscribed private placement, raising its cash position to approximately $600mn to accelerate development of its KRONOS MMR™ microreactors.
Global Nuclear Fuel, a GE Vernova-led alliance with Hitachi, plans the first use of its GNF4 boiling water reactor fuel in 2026, with full-scale production expected by 2030.
Arkansas has appointed Excel Services to analyse the economic, technological and logistical outlook of a new nuclear programme, with results expected within ten months.
Operator Belgoprocess has received authorisation to build a new facility to store waste generated from the ongoing decommissioning of Belgium’s nuclear reactors.
The British government has launched a consultation on the regulatory justification request for Rolls-Royce’s modular reactor, a decisive step towards its approval in the country’s nuclear market.
GVH and Samsung C&T join forces to accelerate international deployment of BWRX-300 small modular reactors, with a strong focus on Sweden and the consolidation of the nuclear supply chain.
The Swedish government aims to establish a right to compensation for operators if a political reversal leads to the early shutdown of nuclear plants, in a move to reduce investment risks.
Duke Energy adds a large nuclear reactor project to its 2025 plan for the Carolinas, anticipating electricity demand more than twice previous forecasts.
EDF has selected Arabelle Solutions to supply two complete turbine islands for the Sizewell C nuclear power plant, strengthening their industrial cooperation initiated at Hinkley Point C.
The Italian government has approved a bill granting the executive authority to regulate the return of nuclear energy, in line with European carbon neutrality and energy security targets for 2050.
Framatome and the French Alternative Energies and Atomic Energy Commission have commissioned a specialised industrial line in Jeumont for the manufacturing of nuclear components used in French Navy vessels.
Italian company Terra Innovatum is advancing the commercialisation of its SOLO micro-reactor, with two new partnerships and $42.5mn in funding as part of a merger with a listed company.
The Nurlikum Mining joint venture enters a new industrial phase with the launch of the South Djengeldi project, targeting annual production of 500 tonnes of uranium over ten years in Uzbekistan.

All the latest energy news, all the time

Annual subscription

8.25$/month*

*billed annually at 99$/year for the first year then 149,00$/year ​

Unlimited access - Archives included - Pro invoice

Monthly subscription

Unlimited access • Archives included

5.2$/month*
then 14.90$ per month thereafter

*Prices shown are exclusive of VAT, which may vary according to your location or professional status.

Since 2021: 30,000 articles - +150 analyses/week.