SMR - Czechia
Posted: 15th July 2025
British workers will further benefit from a new generation of nuclear power, as the government signs a landmark agreement with Czechia to kickstart the next chapter in the UK’s golden age of nuclear and secure high-skilled jobs. Today’s agreement, set to be signed by Prime Minister Keir Starmer and Czech Prime Minister Petr Fiala at Downing Street, will unlock new opportunities for industrial collaboration and the potential for the UK and Czechia to export small modular reactors to other countries in Europe. It will also support the delivery of up to six new reactors in Czechia by Rolls-Royce SMR, potentially worth billions of pounds. It comes after Rolls Royce SMR and the Czechia’s largest public company, ČEZ, agreed last year to partner on SMR, with ČEZ acquiring a 20% stake. The leaders will also host a business roundtable as part of the visit to drive closer trade and investment links between the UK and Czechia to support working people. Building more nuclear will help drive the UK’s energy security, as part of the government’s mission to protect family finances by replacing the UK’s dependency on fossil fuel markets controlled by dictators with clean power that we control. Small modular reactors are also smaller and quicker to build than traditional nuclear plants, with costs likely to come down as units are rolled out, helping to delivering clean, homegrown energy for British billpayers.