Czechs must build nuclear plants even if in breach of EU law, says PM

reuters.com Environmental Protection,  Nuclear 2019-10-17 08:33:00

The Czech Republic will have to build new nuclear power plants to replace ageing coal and nuclear capacity even if they are in breach of European law, Prime Minister Andrej Babis said on October 16.


The government wants CEZ to lead the nuclear projects but the 70% state-owned electricity producer has demanded state guarantees the plants would be both viable and deliver returns to shareholders.


The EU nation generates more than a third of its electricity from nuclear energy and Babis has advocated nuclear power as a low-carbon alternative to coal, which now produces about 50% of power.


"We have to push it through, even if we were to breach European law," Babis told the European committee of the lower house of parliament.


"Energy security is our priority and there is no way around it."


Potential state guarantees are now under negotiation between CEZ and the government, which has not fully backed any proposed plan beyond saying it would cover the risks of regulatory and legal changes that might complicate construction and operations.


European Union regulators would have to clear any state aid for the projects.


The European Commission has approved aid for two recent projects - at Hinkley Point in Britain and at Hungary's Paks - despite protests from nuclear power foe and Czech neighbour Austria.


The government's preferred option is for CEZ to first build one reactor at the existing Dukovany nuclear plant to replace reactors due to be shut down after 2035. A second reactor at the other Czech nuclear plant, Temelin, could follow.


CEZ had cancelled a previous tender to build a new unit at the existing Temelin plant in 2014 after the previous government refused to provide state guarantees.


No decision on a supplier is expected until after the next election in 2021.


Six firms have shown interest in building the next unit - Korea's KHNP, Russia's Rosatom, France's EdF, Westinghouse of the United States, the Atmea consortium of Mitsubishi Heavy Industries and EdF, which has been taken over by EdF, and China's CGN.


CEZ has said it plans to phase out its coal-fired power plants by 2040 when only its newest lignite power station would remain operational.


(Writing by Emma Yang  Editing by Jessie Jia)
For any questions, please contact us by inquiry@fwenergy.com or +86-351-7219322.

Share this article
Connect with us

Editor's Pick

1 Shanxi coal output falls to new low in Mar 2024-04-19

China's top coal-producing province Shanxi saw its raw coal production for March fall to the lowest since July 2020, reaching 94.32 million tonnes, according to the latest data from the National Burea

2 Indonesian thermal coal prices continue to climb; Chinese tender prices drift higher 2024-04-19

Indonesian thermal coal offers have moved higher this week, reflecting miners' positive outlook buoyed by a rebound in the Chinese domestic market and the escalating tensions in the Middle East, which

3 Weekly China coal market news summary (Apr15-Apr 19) 2024-04-19

China Q1 coal output drops, supporting cautious growth forecastChina's coal production reached 1.11 billion tonnes in the first quarter of 2024, falling 4.1% compared with the same period last year, t

4 Weekly global coal market news summary (Apr 15-Apr 19) 2024-04-19

Int'l thermal coal prices extend weakness amid tepid buyingInternational thermal coal market weakened last week, primarily attributed to lackluster demand from major buyers despite an expected supply

5 China's raw coal output declines amid narrowed gains in major producing areas 2024-04-19

China's raw coal production has exhibited a downward trend since the beginning of this year, pressed by shrinking gains in major coal-producing regions, according to the National Bureau of Statistics

6 Bullish sentiment raises coking coal prices in China; import market increases 2024-04-19

China's coking coal online auctions continued to settle with premiums on April 19, fueled by ongoing demand from coking plants and traders on the back of coke price hikes.Some premium grades concluded

7 China Coal Daily Track (Apr 19) 2024-04-19

Thermal coalProduction area The overall thermal coal supply reduced as a few mines capped or suspended production for safety inspections. Metallurgical and chemical plants boosted restocking activity,

8 China futures market updates at close (Apr 19) 2024-04-19

Check out latest updates on the Chinese futures market for coking coal, coke, iron ore and others at close.

9 Infographic | China's power generation in Mar 2024 2024-04-19

Infographic | China's power generation in Mar 2024

10 Japan Mar coal imports down 6.1% on yr, prelim data 2024-04-19

Japan imported 13.13 million tonnes of coal in March, a 6.1% decrease year on year, showed the preliminary data from the Ministry of Finance on April 17.The import value amounted to 385.48 billion yen

Most Read Articles

1 China's coking coal market strengthens as demand improves; Mongolian coal rebounds 2024-04-15

China's domestic coking coal market sentiment turned around due to a combination of growing demand and falling supply. The expected price rally in the downstream coke market also bolstered the outlook

2 Weekly: China's coking coal market remains stable after 8th coke price cut 2024-04-15

Weakness continued to prevail in China's coking coal market during the last week, despite increased speculative demand driven partly by a contango in the futures market.However, end buyers remained ca

3 Infographic | China's Mar production of coal and other main industrial products 2024-04-16

China's production of coal, coke, crude steel and other main industrial products in Mar 2024.

4 China Coal Daily Track (Apr 16) 2024-04-16

Thermal coalProduction area Mine-mouth thermal coal prices ticked up in major producing regions, as stable portside market boosted trading activity. Coal shipments improved with more coal trucks arriv

5 China's NDRC approves 7-Mtpa coal mine project in Ordos 2024-04-15

China's state planner has approved the construction of Kongduigou coal mine project in Inner Mongolia's Ordos city, local media reported on April 9.The Kongduigou mine, located in the northern mining

6 Weekly: China's thermal coal prices halt decline, yet downward pressure lingers 2024-04-15

China's domestic thermal coal prices moved sideways last week, thanks mainly to purchases by traders with pressing short-covering demand. The fresh demand, however, could be temporary and the seasonal

7 China confirms to build coal capacity reserve system by 2027 2024-04-15

China officially approved to set up a domestic coal production capacity reserve system by 2027, aiming to ensure adequate supply and stabilize prices of the fossil fuel.After a previous draft issued e

8 China Q1 steel products imports down 8.6% YoY, iron ore up 5.5% 2024-04-15

China imported 1.75 million tonnes of steel products in the first quarter of 2024, falling 8.6% year on year, showed data from the General Administration of Customs.The import value came in at $2.87 b

9 Infographic | S. Korea coal imports in Mar 2024 2024-04-15

Infographic | S. Korea coal imports in Mar 2024

10 China Coal Daily Track (Apr 15) 2024-04-15

Thermal coalProduction area Thermal coal prices ticked up in major producing regions, supported by restocking demand from metallurgical and chemical plants. Some traders also made active purchases con