The simplest version of the Teplator has been designed to operate at normal atmospheric pressure and at a temperature of 100 degrees Celsius (212 Fahrenheit), requiring fewer complicated technical solutions and materials.

The Czech government has approved the creation of a CZK150bn (€5.8bn) modernisation fund to invest in renewable energy sources,

The Czech Republic has six nuclear reactors generating about one-third of its electricity. Four VVER-440 units are at Dukovany, in Vysočina Region, and two VVER-1000 units are at Temelín, in South Bohemian Region. The country is phasing out its coal-fired power plants and will need to increase the share of nuclear power if it is to remain self-sufficient in electricity supply.

REUTERS - Czech Prime Minister Andrej Babis wants a decision by the end of 2018 on financing majority state-owned utility CEZ’s multi-billion dollar nuclear power expansion.

Economic activity is expected to decelerate in 2016. Higher disposable income and employment will boost private consumption, but growth will be affected by the slow start of investment projects financed by EU funds. As base effects from the oil price shock fade and domestic demand pressures build-up, inflation is expected to reach the 2-percent target in mid-2017. Over the medium-term, output growth is set to stabilize at around slightly above 2 percent in line with economy’s potential.

Czechs oppose single EU body for gas, oil purchases