Czech Republic's Nuclear Expansion: A Billion-Dollar Bet

The Czech Republic is investing $19 billion to expand its nuclear power capabilities, with plans to double current output by building two new reactors at Dukovany. South Koreas KHNP won the bid, with construction expected in the 2030s. This move aligns with a European trend of reconsidering nuclear power and aims to reduce reliance on fossil fuels. Geological surveys are underway, and the new units will complement the existing plant, each capable of over 1,000 megawatts. The deal also includes options for more units at Temelín and plans for small modular reactors. While supported by the government and public, environmental groups and neighboring Austria express concerns about costs and lack of permanent storage solutions for spent nuclear fuel.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.