Martin Kuba

Czech govt mulls price floors to lure new nuclear

Tuesday, April 10, 2012

TEMELIN, Czech Republic, March 30 (Reuters) - The Czech government sees building new nuclear power plants as a strategic priority and is considering minimum electricity price guarantees to ensure new reactors are built, the country's industry minister said on Friday.

In contrast to countries such as neighbouring Germany that are pulling out of nuclear energy in light of the disaster at Japan's Fukushima a year ago, the Czech Republic aims to enlarge the existing Temelin site in the south of the country.

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