Czechs buy stake in Rolls-Royce SMR ahead of joint project

Prague (AFP) Oct 29, 2024

The Czech state-run power group CEZ said Tuesday it would buy a 20-percent stake in British small modular nuclear reactors (SMR) producer Rolls-Royce SMR ahead of a joint project. The two companies signed a deal Tuesday to develop and produce SMRs together, with the first one to be installed at the Temelin nuclear plant in the Czech Republic roughly by 2035. CEZ runs two nuclear plants i