Czech Republic invests in new nuclear power plant unit up to CZK 160bn

Published: 08.11.2019 Related countries:  Indonesia Indonesia

The construction of a new unit in the ČEZ Group’s Dukovany nuclear power plant should start in 2029 and the investment should be concluded in 2036.

After a meeting of the committee on the construction of new nuclear power sources, this information was provided by Prime Minister Andrej Babiš (ANO), adding that a zoning decision should be issued, and a tender should be announced in 2021.

The contractor should be known by the end of 2022. The share of nuclear energy should increase from the current 30% to 40% in 2040. ČEZ board chairman Daniel Beneš said that the total investment was estimated between CZK 140bn and 160bn. The Group has received a positive verdict in an EIA procedure and is currently working on a request for bids. Beneš expects up to five bids.

Nuclear power in the Czech Republic

  • The Czech Republic has six nuclear reactors in 2 places Temelin and Dukovany, generating about one-third of its electricity.
  • Its first commercial nuclear power reactor began operating in 1985.
  • Government commitment to the future of nuclear energy is strong, and was reaffirmed in mid-2015 energy policy.
  • Plans for new nuclear capacity are stalled by pricing uncertainty, but policy calls for a substantial increase by 2040.

Provided by the team of CzechTrade Jakarta