Czech Republic decides between EDF and KHNP for new reactors

ČEZ, the Czech state-owned electric utility, has sent the government its comparative analysis of bids from France's EDF and South Korea's KHNP to build new nuclear units at the Dukovany power plant site. This crucial assessment will weigh heavily in the choice of the future builder of these new power generation units.

Share:

Nouvelles tranches nucléaires tchèques adjugées

Czech public utility ČEZ is leading the contract award process to build new nuclear units to renew the country’s fleet. After a thorough review, ČEZ forwarded its recommendations to the government on the bids from France’s EDF and South Korea’s KHNP.

A rigorous assessment

More than 180 experts meticulously analyzed the financial, commercial and technical aspects of the two bids, following the methodology recommended by the International Atomic Energy Agency. According to Tomáš Pleskač of ČEZ, all costs and risks have been quantified, with bids compared on the basis of price per MWh produced by each proposed reactor.

Latest-generation reactors

France’s EDF has proposed its EPR1200, a 3rd-generation pressurized water reactor derived from the EPR, two of which are currently under construction at Hinkley Point in the UK. South Korea’s KHNP is banking on the APR1000, an advanced Korean-designed reactor that entered commercial service in 2016. Both have forged partnerships with local Czech industry.

Towards a definitive choice

After reviewing ČEZ’s findings, the Czech government is expected to designate the winning bidder in July. The aim is to finalize contracts by March 2025, so that the first new nuclear unit can start up in 2036. Even if one manufacturer is recommended, ČEZ plans to relaunch negotiations with the second if the contractual terms deviate too far from the initial offer.

Indispensable public support

For this colossal nuclear project, Prague obtained the European green light in May for a crucial public aid package. They include a long-term purchase contract, a state loan for construction and guarantees against regulatory contingencies. A robust framework was required to secure a multi-billion euro investment.

Increasing the share of nuclear power

With the existing Dukovany and Temelín power plants, nuclear power already provides a third of Czech electricity production. The new project aims to increase this share to meet energy and climate challenges, thanks to ultra-safe and competitive reactors. Whether led by EDF or KHNP, this nuclear revival will consolidate local industrial skills, in line with the national strategy. It should also help the country reduce its greenhouse gas emissions.
The tender process demonstrates the rigorous selection of the future industrial and financial partner. Beyond the economic aspect, safety, technology transfer and energy sovereignty criteria weighed heavily in ČEZ’s final analysis. The government’s summer decision between the French and Koreans will be strategic for decades to come.

Bahrain has concluded a civil nuclear agreement with the United States and formalised a commitment of $17bn in public investments in the US market, further strengthening bilateral cooperation.
Kairos Power has installed the vessel for its third test prototype in Oak Ridge, aiming to validate manufacturing methods for its future Hermes reactor supported by the US Department of Energy.
London and Prague formalise a strategic partnership to develop the nuclear sector, focusing on small modular reactors and industrial cooperation on supply chains.
Experts have broadly approved France’s Cigéo deep nuclear waste repository project, highlighting technical uncertainties that demand stronger guarantees for long-term safety.
Uzbekistan advances its nuclear project by signing a protocol with Hungary for the supply and local assembly of dry cooling systems, expanding its industrial partnerships in the region.
Polskie Elektrownie Jądrowe is asking the European Commission to review its $49bn investment to build Poland’s first nuclear power plant, a step required under the Euratom Treaty before any construction permit can be issued.
The International Atomic Energy Agency mission completed on July 11 warns that the National Nuclear Safety Administration must hire staff to oversee a fleet of 59 reactors in operation and 32 more under construction.
Energoatom signed strategic agreements with Westinghouse and Holtec at the Ukraine Recovery Conference, aiming to establish nuclear fuel production and small modular reactor capabilities in the country.
Tehran agrees to reopen its nuclear facilities to the IAEA, aiming to resume negotiations with Washington, while Moscow pushes for a “zero enrichment” agreement without getting involved in supervision.
TerraPower has selected three new American suppliers for its advanced Natrium nuclear reactor, confirming progress on the project located in Kemmerer, Wyoming, intended to replace a retiring coal-fired power plant.
Energy Exploration Technologies acquires Daytona Lithium, an Australian subsidiary of Pantera Lithium, for AUD40mn ($27mn), bringing its strategic lithium basin footprint in Smackover, USA to nearly 50,000 acres.
The Canadian Nuclear Safety Commission has identified no major barriers to licensing the ARC-100 reactor, announces ARC Clean Technology.
SE Ignalina, the Lithuanian nuclear operator, has signed a memorandum of understanding with French firm Newcleo to explore the integration of small modular reactors (SMRs) using lead-cooled fast reactor (LFR) technology in Lithuania.
Egyptian President Abdel Fattah al-Sisi oversaw the signing of new agreements for the construction of the El Dabaa nuclear power plant, thus strengthening the strategic cooperation between Egypt and Russia.
Vistra Corp receives green light to extend Perry nuclear plant operations in Ohio by 20 years, securing regional electricity supply until 2046 and ensuring operational continuity for all its nuclear reactors in the United States.
EDF will hold a 12.5% stake in the Sizewell C nuclear project in the UK, a €1.3 billion investment announced during Emmanuel Macron’s official visit to London, confirming the strategic nuclear energy alignment between the two countries.
The French Cigéo project, designed to bury the most hazardous radioactive waste deep underground, obtains a crucial technical validation before its final authorization, expected by the end of 2027.
EDF confirms the continuation of its industrial project in Fessenheim for recycling very low-level radioactive metals, a first in France requiring specific regulatory authorizations, following a public debate concluded last February.
NANO Nuclear Energy Inc. formalizes its collaboration with UrAmerica Ltd. to strengthen Argentina’s uranium supply, aiming to secure future nuclear fuel supply chains for the U.S. market.
American companies SHINE Technologies and Standard Nuclear partner to recycle uranium and plutonium, supplying advanced fuel to the nuclear reactor sector and enhancing the national energy security of the United States.