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ATM No 180 2025 DEC 24
EU launches inquiry into Czech funding plan for new nuclear
- The European Commission has opened an inquiry into the Czech Republic’s plan to fund two new nuclear units at Dukovany, questioning compliance with EU State aid rules.
- The scheme involves a huge state loan, a 40‑year contract for difference, and safeguards against policy changes to support Elektrárna Dukovany II.
- While seen as important for decarbonization, the Commission worries about risk transfer, unclear terms, and market impacts, so approval will require further consultations.
Sweden’s Vattenfall Applies For State Aid For New Nuclear Reactors At Ringhals
- Swedish utility Vattenfall, through its majority-owned project company Videberg Kraft AB, has submitted the country’s first application for state aid to build new nuclear reactors at the Ringhals site on the Värö Peninsula.
- The plan envisions deploying small modular reactors (SMRs), with two technology options under evaluation: either five GE Vernova Hitachi BWRX-300 units or three Rolls-Royce SMRs, together providing about 1500 MW of capacity.
- Backed by the Industrikraft i Sverige AB consortium of major industrial firms, the project is seen as a cornerstone of Sweden’s nuclear revival, though it awaits government review and EU compatibility checks before moving forward
Bulgaria And Poland Companies To Establish Joint Venture For BWRX-300 Small Modular Reactor Deployment
- Bulgaria’s Blue Bird Energy and Poland’s Synthos Green Energy plan a joint venture to deploy up to six BWRX‑300 SMRs using GE Vernova Hitachi technology.
- The project aims to deliver zero‑emission, affordable baseload power for industry, data centres, and heating, while boosting SGE’s European SMR platform.
- Supported by major Bulgarian firms, it will oversee site selection, licensing, and construction, placing Bulgaria among leading nations adopting advanced SMR technology.