Rolls-Royce Holdings plc Wins Fresh Europe SMR Deal as Czech Nuclear Bet Moves Forward
Rolls-Royce Holdings plc’s small modular reactor business has entered an early works agreement with Czech utility ČEZ Group, kicking off groundwork for what would be the Czech Republic’s inaugural small modular nuclear unit at Temelín. The deal gives the British group another toehold in Europe’s nuclear scene. According to Reuters, the timeline for the first Czech SMR now stretches into the latter half of the 2030s, a slip from the previously floated mid-2030s target. This month, Rolls-Royce SMR made the jump from being just a contender to actually signing contracts in both Britain and the Czech Republic—finally putting its years-long reactor pitch into motion with site visits, permit filings, and supply-chain prep. Small modular reactors—SMRs—are designed for assembly line production,