Particle.news

Download on the App Store

South Korea and Czech Republic Push Forward on $18 Billion Nuclear Deal Despite Legal Hurdles

Both nations reaffirm commitment to Dukovany project, secure cabinet approval, and sign 14 cooperation agreements while addressing EDF's court challenge.

Industry Minister Ahn Duk-geun (L) speaks to reporters in Prague on May 7, 2025, in this photo provided by his office. (PHOTO NOT FOR SALE) (Yonhap)
This undated file photo, provided by Korea Hydro & Nuclear Power Co., shows the Dukovany nuclear power plant, located around 200 kilometers southeast of Prague. (PHOTO NOT FOR SALE) (Yonhap)
Image
Image

Overview

  • South Korea and the Czech Republic have reaffirmed their commitment to the $18 billion Dukovany nuclear reactor deal, despite a court injunction delaying the contract signing.
  • The Brno Regional Court issued a temporary injunction following a legal challenge by French energy company EDF, the losing bidder in the nuclear tender process.
  • Czech cabinet approval has been granted to proceed with the contract immediately after the injunction is lifted, ensuring the project remains on track.
  • The two nations signed 14 agreements and MOUs, expanding their collaboration into advanced manufacturing, energy technologies, and supply chain partnerships.
  • The Dukovany project is critical for Czech energy independence and represents South Korea’s first overseas nuclear export since 2009.