CEZ a s : ROLLS-ROYCE SIGNS MOU WITH CEZ FOR COMPACT NUCLEAR POWER STATIONS

Rolls-Royce is leading the UK SMR Consortium that is designing this type of low-cost nuclear power station. Its standardised, factory-made components and advanced manufacturing processes push down costs; and the rapid assembly of the modules inside a weatherproof canopy at the power station site itself speeds up schedules.

The UK SMR Consortium is working with its partners and UK Government to secure a commitment for a fleet of factory built nuclear power stations in the UK, with exports of the design being explored in tandem.

The consortium features the best of nuclear engineering, construction and infrastructure expertise in Assystem, Atkins, BAM Nuttall, Jacobs, Laing O'Rourke, National Nuclear Laboratory, Nuclear Advanced Manufacturing Research Centre, Rolls-Royce and TWI.

Tom Samson, interim Chief Executive Officer of the UK SMR consortium, said: 'Nuclear power is central to tackling climate change and economic recovery across the world. The affordability and speed with which we can assemble the entire power station will no doubt make it a very attractive option for CEZ as it looks to its future reliable low carbon energy supply. I look forward to developing this important relationship for the future.'

Daniel Beneš, Chairman of the Board of Directors and CEO of CEZ, said: 'New energy solutions and technologies play an important role in our business and we have been focusing on small modular reactors for quite some time now, especially in our top research company UJV Řež. In the future, they can be an important alternative that we cannot ignore. The partnership with Rolls-Royce and other global companies is therefore a logical step in our endeavor.'

ENDS

About Rolls-Royce Holdings plc

1. Rolls-Royce pioneers cutting-edge technologies that deliver clean, safe and competitive solutions to meet our planet's vital power needs.
2. Rolls-Royce has customers in more than 150 countries, comprising more than 400 airlines and leasing customers, 160 armed forces, 70 navies, and more than 5,000 power and nuclear customers.
3. Annual underlying revenue was £15.45 billion in 2019, around half of which came from the provision of aftermarket services
4. .In 2019, Rolls-Royce invested £1.46 billion on research and development. We also support a global network of 29 University Technology Centres, which position Rolls-Royce engineers at the forefront of scientific research.

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