Czech Government Commits €6B to New Nuclear Reactors for Decarbonisation

The Czech government is committing six billion euros towards constructing new nuclear reactors as part of its decarbonization strategy.

The new reactors are expected to come online gradually between 2029 and 2040, with the ultimate goal of completely phasing out coal and lignite by 2033.

The National Energy and Climate Plan aims to eliminate the use of oil and gas by 2050.

Despite being a traditional exporter of carbon energy, the Czech government appears determined to reduce its reliance on fossil fuels.

In a speech at a nuclear energy summit in Brussels in March, Czech Prime Minister Petr Fiala emphasized the cost-effectiveness, grid stability, and security of supply that nuclear energy provides from the Czech perspective.

He also expressed the desire for energy independence.

According to a poll conducted by IPSOS and Euronews, Czech people are the least concerned EU electors regarding climate change, with only 34% considering it a priority, while 21% do not share this view.