Czech utility conglomerate CEZ Group has partnered NuScale Power to explore the firm’s new modular light water reactor nuclear power plant for energy generation, district heating, desalination, and other process heat applications.
CEZ Group and NuScale have signed a memorandum of understanding to use the new technology to meet the growing energy demand for carbon-free energy.
The two companies will share expertise on nuclear supply chain development, construction and operation and maintenance.
The news comes at a time the Czech Republic generates roughly 1/3 of all electricity from nuclear.
John Hopkins, CEO at NuScale, said: “I am confident that the simplified design and resulting lower operating costs of the ideal technology will help ČEZ meet the growing demand for cost-effective, carbon-free energy.”
“We have a long-term orientation on new solutions and technologies. Our technical-engineering company UJV Rez is already researching small modular reactors, which represent an important future alternative that cannot be ignored. This partnership with NuScale is the next logical step in our efforts,” explained Chairman of the Board of Directors and CEO Daniel Beneš.
“Our aim is to set trends, not only to follow them. The Czech government gives top priority to innovations and small modular reactors can be the future of nuclear energy. I am glad ČEZ has intensive research in this field. Czech nuclear energy research has traditionally been one of the best in the world and the cooperation with NuScale on development of small modular reactors further confirms this position,” says Vice Premier and Minister of Industry of the Czech Republic Karel Havlíček.