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Czech power utility CEZ Group's Elektrárna Dukovany II (EDU II), a wholly owned subsidiary has received three final bids for the construction of a new unit at the Dukovany NPP. US-based Westinghouse, France’s EDF and Korea Hydro & Nuclear Power (KHNP) submitted binding bids for Dukovany 5 and non-binding bids for the other three units. Westinghouse is proposing its AP1000, KHNP its APR1000 based in the APR1400 and EDF its EPR1200 (a smaller version of its standard EPR). These are all pressurised water reactors. Russia and China were excluded from the bidding in 2021.

Date: Friday, 03 November 2023
Original article: neimagazine.com/news/newsfinal-bids-submitted-for-new-dukovany-npp-units-11265668

New-build projects are making progress, but governments are still struggling with finding the right financing package for large reactors The delayed Flamanville-3 is one of three EPR units under construction in Europe. The others are at Olkiluoto in Finland and Hinkley Point in the UK. Photo courtesy EDF. Western Europe

The UK is facing a major challenge to replace its aging fleet of Generation I nuclear power plants, many of which are scheduled to shut down in 2023.

The project by French state utility EDF to build two Generation III EPR units at Hinkley Point C in Somerset is on track for connection to the grid by 2025. Once in commercial operation the two units will provide up to 7% of the total electricity demand. Two similar units are planned for the Sizewell site in Suffolk.

However, press reports have suggested EDF is in “a race against time” to secure a funding deal for Sizewell C as delays risk making the project prohibitively expensive.

According to The Times newspaper EDF has hired Rothschild as financial adviser for the project and says it wants a “definitive way forward” from the government this year so it can start construction in 2022.

Date: Friday, 17 January 2020
Original article: nucnet.org/news/what-lies-in-store-in-2020-1-4-2020

The Czech Republic will have to build new NPPs to replace ageing coal and nuclear capacity even if this means breaching European law, Prime Minister Andrej Babis told the European committee of the lower house of parliament on 16 October. “Energy security is our priority and there is no way around it.” Power utility CEZ, which is 70% state-owned, has said it plans to phase out its coal-fired power plants by 2040 when only its newest lignite power station would remain operational. The government wants CEZ to be responsible for the new nuclear projects, but CEZ is insisting on state guarantees to ensure that the plants would be both viable and deliver returns to shareholders. This is now under discussion, with the government saying only that it would cover the risks of regulatory and legal changes that might complicate construction and operations.  Some minority shareholders at CEZ believe a nuclear newbuild programme would affect dividends is CEZ finances construction from its own sources.

Date: Wednesday, 23 October 2019
Original article: neimagazine.com/news/newsczech-premier-willing-to-breach-eu-law-to-build-new-reactors-7467792