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Czech Republic Signs $18.7B Reactor Contract with South Korea

The Supreme Administrative Court lifted an EDF injunction to clear the way for construction beginning in 2029.

FILE - A man fishes with the towering Dukovany nuclear power plant in the background, in Dukovany, Czech Republic, Sept. 27, 2011. (AP Photo/Petr David Josek, File)
This file photo, provided by the industry ministry, shows Industry Minister Ahn Duk-geun (L) with Czech Prime Minister Petr Fiala in Prague on May 7, 2025. (PHOTO NOT FOR SALE) (Yonhap)
The Czech Republic relies on nuclear power for 40 percent of its electricity consumption
This photo, provided by the industry ministry, shows Industry Minister Ahn Duk-geun (L) with Czech Prime Minister Petr Fiala (C) in Prague on May 7, 2025. (PHOTO NOT FOR SALE) (Yonhap)

Overview

  • On June 4 the Czech Supreme Administrative Court lifted an EDF-imposed injunction blocking the Dukovany reactor contract.
  • The 407 billion koruna ($18.7 billion) agreement between state-controlled EDU II and South Korea’s KHNP covers two 1,063-megawatt reactors.
  • Construction is slated to begin in 2029, with trial operation of the first reactor in 2036 followed by the second in 2038.
  • EDF pursued legal challenges in Brno’s courts before lodging a complaint with the European Commission alleging that KHNP received unlawful state subsidies.
  • The project advances Prague’s plan to raise nuclear power’s share from 40 percent to 50 percent by 2050, phasing out coal by 2033.