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2 million US dollars to finance Small Modular Reactors in Slovakia, Czechia and Poland

Slovakia, together with the Czech Republic and Poland, will receive 2 million US dollars from the US-backed Phoenix project to finance a feasibility study of small modular reactors.

“The importance of nuclear energy is visible not only at the national but also at the international level,” said Slovakia’s Minister of Economy Denisa Saková. “However, supporting its further development brings open strategic questions and additional challenges. New technologies, including small modular reactor technology, represent a low-carbon alternative solution and are obviously more environmentally acceptable. They can significantly help countries achieve their climate goals.”

The Phoenix project was first announced by US Special Presidential Envoy for Climate John Kerry earlier in September.

“[…] This is the beginning of important cooperation with our American partners, with the aim of strengthening energy security and fulfilling our commitment to produce clean and reliable energy,” said the CEO of Slovenské elektrárne, Branislav Strýček.

As part of the project, five locations will be assessed for possible future construction of small modular reactors – the area of ​​existing nuclear power plants in Jaslovské Bohunice and Mochovce, the area of ​​thermal power plants in Nováky and Vojany and the area of ​​the East Slovak steel mills US Steel.

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