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Dukovany NPP Expansion Green-lighted
The biggest investment in modern Czech history, a 17bn USD (the figure varies) expansion project, can go ahead.
The Czech government officially announced the winner on July 17, with the contract expected to be signed by March 2025. Construction could begin within five years, trial operations are scheduled in 2036, while commercial operations are planned to commence in 2038. The plant will have an operating lifetime of 60 years and is planned to be decommissioned in 2096.
The Prague stock market issued a lukewarm reaction to the announcement and analysts offered a neutral evaluation of the decision.
Semantic Visions has analyzed media in the four languages and below provides a summary of the main topics covered by media for the period June 15 – JUL 29.
- July 17, 2024 – Preferred bidder announced
- March 2025 – Signing of the contract
- 2029 – Construction starts
- 2036 – Trial operation
- 2038 – Commercial operation
- 2096 – Decommissioning
Articles by Language: Top 5 Most Reprinted Stories
Language | Total no. of articles | 5 TOP Most reprinted stories (headlines) |
Czech | 684 | Risk for Dukovany. Westinghouse Wants to Go to Court The Green Suicide of Fiala’s Government? The Green Deal Will be Expensive Transmission System Ready for New Reactors, Connecting Second one after Shutdown of Old Units ČEZ Started Negotiations with KHNP on Contract for Construction of Two Reactors in Dukovany Westinghouse in Litigation with Winner of Nuclear Tender. Czech Republic Believes this will not Affect the Construction |
Korean | 620 | Korea Hydro & Nuclear Power Prepares for New Czech NPP Project Contract KHNP Holds New Nuclear Power Plant Contract Negotiation Meeting in Czech Republic Expectations for K-nuclear Power Plant Exports Are on Fire… Nuclear Power Stocks Are on the Rise KHNP, Last-Minute All-Out Battle to Win Czech NPP Order Hwang Ju-ho, CEO of Hanwha Solutions, Scheduled to Travel to Czech Republic on July 18… With Selection of Preferred Negotiation Partner in Mind? |
French | 53 | Korea Wins to Build Nuclear Reactors in Czech Republic Dukovany: Czech Republic Can Become “Center of Nuclear Energy”, According to Prime Minister Why does EDF Struggle so Much to Export its Nuclear Power Plants? Nuclear: EDF Beaten in Czech Republic Alstom Wins Big Contract in Australia, EDF Fails in Czech Republic: the Top/Flop of the week |
English | 212 | KHNP Wins Contract to Build Reactors at Dukovany South Korean Consortium Picked to Build Two Nuclear Reactor in the Czech Republic CEZ Opens Talks with KHNP on Contract to Build two Dukovany Reactors South Korea Could Lead the Way in Successful Nuclear Renaissance Korea’s Profitable Bid for Czech Nuclear Energy Plant: A Recreation-Changer for Financial… |
Topic in the Czech Media
- Approving stance on the nuclear expansion project
- Project’s deadline and possible costs overrun
- Pending Westinghouse lawsuit
- Unclear financing (ie. total final cost)
- Czechia’s green transition and overall future energy mix
- The future development of the energy production and storage technologies (renewables, hydrogen, SMR’s)
- Local contractors’ participation
- Readiness of local infrastructure and workforce
- The EC approval for the second unit
- Cross-border interconnections of the electricity networks
Semantic Visions has been closely monitoring the energy sector developments and the Dukovany NPP expansion in its previous articles. Our latest analysis, following the announcement of the Dukovany project’s preferred bidder, highlights the topical media coverage and reactions of the key stakeholders, ensuring our clients stay informed on the forefront of nuclear power developments. Stay tuned with Semantic Visions for expert analysis on pivotal energy sector shifts.