New Nuclear / OPG And ČEZ To Work Together On Project Risk Reduction

Canadian and Czech utilities will also cooperate on SMRs
OPG And ČEZ To Work Together On Project Risk Reduction
Petr Třešňák, deputy minister to the minister of industry and trade (left), ČEZ’s Tomáš Pleskač, OPG president and chief executive officer Ken Hartwick, Ontario energy minister Todd Smith and Ayesha Patricia Rekhi, Canadian ambassador to the Czech Republic at the signing cermenon. Courtesy OPG.
Canadian electric utility Ontario Power Generation (OPG) and Czech state energy company ČEZ have signed an agreement to work together on nuclear energy with the aim of reducing financial, technical and schedule risks to future projects.

The two companies said the agreement includes cooperation on small modular reactors and the sharing of related to the deployment of new nuclear projects.

“We are preparing for the construction of a new nuclear unit in Dukovany and the upcoming allocation of space at Temelín, where the first SMR could be built in the first half of the next decade,” said Tomáš Pleskac, head of the new energy division at ČEZ. “The collaboration with OPG is therefore, for us, a logical step forward.”

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