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Czech Energy Group CEZ Initiates Talks with South Korea’s KHNP for Dukovany Nuclear Units

Prague, July 25, 2024, The Europe Today: The Czech semi-state energy group CEZ has commenced discussions with the South Korean company Korea Hydro & Nuclear Power (KHNP) regarding the construction of two new nuclear units at the Dukovany power station. The contract is anticipated to be signed by the end of March 2025, according to CEZ spokesman Ladislav Kriz, who made the announcement to the Czech News Agency on Wednesday.

This development follows the Czech government’s recent decision to award the contract for the two new nuclear units at Dukovany to KHNP, favoring the South Korean firm over France’s EDF. This decision marks the largest tender in the history of the Czech state.

“The cabinet has so far approved the building of two units at Dukovany,” Kriz stated, adding that the government will also consider an option to construct up to two additional units at the country’s second nuclear power plant, Temelín.

The Dukovany project is a significant step in the Czech Republic’s energy strategy, aiming to enhance energy security and reduce carbon emissions. The collaboration with KHNP is expected to bring advanced nuclear technology and expertise to the Czech nuclear sector.

As CEZ and KHNP move forward with negotiations, the focus will be on finalizing the terms of the agreement, ensuring that the project aligns with the stringent safety and regulatory standards required for nuclear power operations. The anticipated signing of the contract by March 2025 will pave the way for the commencement of construction, marking a pivotal moment in the Czech Republic’s energy infrastructure development.