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PM Fico confirms ČEZ wants to back out from JESS

The Czech energy group ČEZ wants to sell its 49-percent stake in the Nuclear Energy Company of Slovakia (JESS). Through this company, ČEZ was supposed to participate, together with the Slovak state-run Nuclear Decommissioning Company (JAVYS), in the construction of a new nuclear power plant in Jaslovské Bohunice.

The Czech energy group ČEZ wants to sell its 49-percent stake in the Nuclear Energy Company of Slovakia (JESS). Through this company, ČEZ was supposed to participate, together with the Slovak state-run Nuclear Decommissioning Company (JAVYS), in the construction of a new nuclear power plant in Jaslovské Bohunice.

Prime Minister Robert Fico confirmed this at the HN Club (the Hospodárske noviny daily’s) event on Tuesday, December 4. "I can say very openly that the Czech Republic wants to withdraw from this agreement and currently a partner is sought who will replace CEZ in the company JESS," Fico said as quoted by the SITA newswire. A new partner in JESS should be known within three months, Fico specified. JESS is currently analysing a feasibility study for the construction of a new nuclear power plant in Jaslovské Bohunice. According to the published part of the study, the new nuclear power facility could begin trial operation after 2025. Its installed capacity could be up to 2,400 megawatts.

Source: SITA

Compiled by Zuzana Vilikovská from press reports
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