Elektrárna Dukovany II

What Elektrárna Dukovany II does

Elektrárna Dukovany II (EDU II) is a Czech special-purpose vehicle established in 2015 to construct two new nuclear reactor units at the existing Dukovany nuclear power plant site, utilizing Korea Hydro & Nuclear Power's APR1000 Gen III+ pressurized water reactor technology. The project represents the largest single investment in the history of the Czech Republic and, once operational, is projected to generate approximately 11-12% of the country's total electricity consumption. Originally founded by ČEZ, the dominant Czech utility, majority ownership was transferred to the Czech state via the Ministry of Finance in May 2025, with ČEZ retaining approximately 20% as a strategic minority shareholder. The company is headquartered in Prague.

EDU II is currently in its preparation phase, with construction scheduled to commence in 2029 and trial operation targeted for 2036-2037. The project pursues a 60% Czech supplier localization target and has entered fuel and training arrangements with KEPCO Nuclear Fuel commencing in 2026. Conceptual design was completed in April 2026. Revenue generation will not commence until commercial operation begins, with electricity sales directed to the Czech national grid under a regulated framework. Euratom endorsement and the sovereign-backed ownership structure position the project as national critical infrastructure rather than a competitive commercial venture.

Name

Elektrárna Dukovany II

Legal name

Elektrárna Dukovany II, a. s.

Website

https://njzedu.cz

Company type

Private

Founded year

2015

Operating status

Operating

Headcount range

101–250 employees

Short description

Elektrárna Dukovany II is a Czech sovereign-controlled special-purpose vehicle building two KHNP APR1000 Gen III+ reactors at the Dukovany site, which will supply approximately 11-12% of Czech electricity upon completion in the late 2030s.

Ownership category

akta.pro rank

Product category

Nuclear Power Generation

NAICS

Nuclear Electric Power Generation (221113)

SIC

Electric Services (4911)

akta.pro primary industry

Nuclear Plant EPC & Construction (EUAEAAAC)

akta.pro secondary industry

Power Generation Plant Construction (Thermal, Hydro, Nuclear) (IMAFADAC)

Keywords

• Nuclear power generation
• Electricity generation
• Nuclear reactor construction
• Energy infrastructure investment
• Baseload power generation

Headquarters

HQ city

Prague

HQ country

Czechia

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Infrastructure, Supply Chain, Personnel, Operations, Technology or R&D

Revenue model

1. Electricity Generation and Sales: Elektrárna Dukovany II operates as a nuclear power plant investor that will generate and sell electricity to the Czech national grid. Once operational (planned 2036-2037), the plant will produce approximately 11-12% of Czech Republic's electricity consumption, supplying 3.2-3.5 million households. Revenue is generated through long-term power purchase agreements and electricity market sales.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core offering

Elektrárna Dukovany II is the investor and project company responsible for building two new nuclear power reactor units (APR1000 Generation III+ technology) at the Dukovany site in the Czech Republic. The project is the largest single investment in Czech history, with construction scheduled to begin in 2029 and trial operation planned for 2036–2037. Once operational, the two units will have a combined installed capacity of approximately 1,520–1,627 MWe and are expected to supply around 11–12% of the Czech Republic's total electricity consumption.

Product overview

Elektrárna Dukovany II is a special-purpose vehicle (a.s.) established to invest in and manage the construction of new nuclear power units at the Dukovany site. The company is building two APR1000 reactor units (Units 5 and 6) in partnership with South Korean contractor KHNP under a turnkey EPC contract. The project involves the complete engineering, procurement, construction, and commissioning of the nuclear facility, including nuclear fuel supply. The new units will have a combined installed capacity of approximately 1,520-1,627 MWe and are expected to operate for 60+ years, supplying approximately 11-12% of Czech Republic's electricity consumption.

Differentiator

Problem solved

Functional benefit

Products and services

• New Nuclear Units at Dukovany (Nový jaderný zdroj Dukovany) Two new nuclear power reactor units (Units 5 and 6) being built at the Dukovany site in the Czech Republic using KHNP's APR1000 Generation III+ pressurised water reactor technology under a turnkey EPC contract. Once operational, the units will deliver approximately 1,520–1,627 MWe of baseload low-carbon electricity to the Czech national grid, supplying around 11–12% of national electricity consumption and powering roughly 3.2–3.5 million households over a 60+ year service life at 90% availability.

Quantifiable outcome

• Supplies 11-12% of Czech Republic electricity consumption
• +5 more outcomes

Named customers1 record

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Four partnerships are on record, tiered core and minor.

• KHNP (Korea Hydro and Nuclear Power)coreOEM/ Whitelabel/ Licensing Partner · 1 June 2025South Korean company KHNP is the main contractor for the two new nuclear units at Dukovany. Selected in a highly competitive international tender for its APR1000 project. Contract signed June 2025 covering entire turnkey EPC (Engineering, Procurement, and Construction) delivery including fuel supply. Under government agreement, KHNP aims to involve Czech companies for more than half of all deliveries.
• ČEZ Energetické produktyminorOthersCzech company that conducted the geological surveys for the new units. Completed the survey including 6,000+ page final report with geological, geophysical, geodetic, and geotechnical interpretation. Contract worth several hundred million CZK.
• Doosan Škoda PowerminorOEM/ Whitelabel/ Licensing PartnerCzech company based in Plzeň that won a contract for the supply and manufacture of turbogenerators for the new nuclear units.
• Energoprojekt PrahaminorImplementation/ SI/ Consulting PartnerCzech engineering company providing expert consulting services for licensing and safety analyses. Also participating in project documentation preparation and reviewing conceptual design from KHNP.

Scale indicators10 records

Recent moves7 records

Expansion highlights5 records

Others

• Westinghouse Electric Company: U.S. nuclear technology provider offering AP1000 reactor design, the principal Western alternative to APR1000. Comparable as a key nuclear technology/EPC ecosystem player, not a direct operator peer.
• Energoatom: Ukrainian state operator of 15 RBMK and VVER reactors, and active developer of new VVER-1000 capacity. Comparable as an Eastern European state nuclear operator with new-build ambitions in a conflict-affected region.
• KHNP (Korea Hydro & Nuclear Power): South Korean state-owned nuclear EPC and operator and the primary contractor for EDU II. Comparable as the APR1000 platform provider and likely counterparty for adjacent Central European new-builds.

Direct peers

• Teollisuuden Voima Oy (TVO): Finnish nuclear operator running Olkiluoto 1-3, including the recently commissioned Olkiluoto 3 EPR. Direct comparable for European first-of-a-kind nuclear new-build execution risk and merchant baseload economics.
• Slovenské elektrárne: Slovak nuclear operator running Bohunice and Mochovce NPPs, with a major new-build (Mochovce 3&4) under construction. Regional peer with similar PWR/Russian technology base and Central European grid context.
• ČEZ, a.s. Czech state-controlled utility that operates the existing Dukovany Units 1-4 and Temelín nuclear plants and retains a ~20% stake in EDU II. The most direct comparable given identical Czech geography, nuclear operations, and partial ownership overlap.
• MVM Paks II: Hungarian state-owned special-purpose vehicle building two new VVER-1200 nuclear units at Paks, financed largely by Russia. Closest analog by structure: state-backed, EU-member nuclear new-build SPV targeting domestic baseload supply.

Emerging players

• PGE EJ1: Polish state-backed SPV responsible for Poland's first nuclear power plant (Choczewo, 3 GWe AP1000). Comparable as a Central European state-led nuclear SPV in the early project development phase, though earlier-stage than EDU II.

Broad incumbents

• EDF / EDF Energy (NNB): France's state-controlled nuclear major and operator of Hinkley Point C (UK) and Flamanville 3. Direct parallel as a state-backed European utility executing large new-build programs under similar regulatory regimes.
• CGN (China General Nuclear Power Group): One of the world's largest nuclear operators with a portfolio of 27+ reactors, supplying domestic Chinese baseload. Comparable as a state-aligned nuclear major with multi-decade build programs and proprietary reactor designs.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/elektrarnadukovanyII
• LinkedInlinkedin.com/company/njzedu

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Elektrárna Dukovany II