BANKS DODGY DEALS CAMPAIGNS
Sections
Banks Dodgy Deals Campaigns
Our campaigns
Banks and Climate
Banks and Human Rights
Banks and Nature
Our projects
Tracking the NZBA
Banks and Russia
Banks and Steel
Tracking the Equator Principles
Tracking the PRBs
Find a Better Bank
Banks and the OECD Guidelines
Media
News Publications
Raiffeisen Out! Bank.Green End Coal Finance Plastic Banks Tracker Defund TotalEnergies Financial Exclusions Tracker Equator-Complaints.Org Don't Buy into Occupation Banks & Biodiversity Forests & Finance Drop JBS StopEACOP Fossil-Free Finance
BankTrack
About BankTrack Organisation Our team Our board Our annual reports Funding and finances Guiding principles Our history BankTrack in the media Team up with us Our privacy policy Donate Visit us
Successes Contact BankTrack
Donate Mailing list Facebook Twitter Linkedin Login
Home › Dodgy Deals ›
Dodgy Deal
Temelin nuclear power plant (units 3 & 4)Czech Republic

Project – On record

This profile is no longer actively maintained, with the information now possibly out of date
Profile by:
BankTrack
Contact:

Jan Haverkamp, Greenpeace International, Belgium

Jan Beranek, Greenpeace International, Netherland

Last update: 2015-11-20 00:00:00

Project – On record

This profile is no longer actively maintained, with the information now possibly out of date
Profile by:
BankTrack
Contact:

Jan Haverkamp, Greenpeace International, Belgium

Jan Beranek, Greenpeace International, Netherland

Last update: 2015-11-20 00:00:00
Why this profile?
About
Sectors Nuclear Electric Power Generation
Location

The construction of the third and fourth reactors at the Czech Republic’s Temelin nuclear power plant is another Soviet era stop-start and much delayed farce. Like the third and fourth reactors at Slovakia’s Mochovce, the ones at Temelin are zombies that refuse to die.

Construction was started in 1987 but cancelled in 1990 after the fall of the communist government. Building was restarted in 1993 with a completion date of 1997. Five years and 71 CZK billion later, the reactors were still not finished. This was hardly a surpise considering the first reactors at Temelin were completed ten years late and five times over budget. Again the project was cancelled.

In 2008, however, the undead reactors rose from the grave once more. In the face of opposition, especially from Austria which is just 60 kilometres and wants the Temelin plant closed entirely, the Czech utility CEZ requested that the government conduct an Environmental Impact Assessment for two new reactors. In 2009 CEZ launched a tender for contractors to build them. Three bidders are currently in the race – AREVA, Westinghouse and an Atomstroyexport-Skoda JS-Gidropress consortium.

In a lack of transparency typical of the nuclear industry and its supporters, a secret government committee is overseeing the project. A decision is due to be made in 2012.  Contruction is due to start in 2013 with an estimated completion date of 2019 or 2020. Going on past experience of nuclear reactor construction, those dates are likely to be highly optimistic.

Impacts

Environmental and climate impacts

The Czech Republic’s nuclear watchdog, the State Authority for Nuclear Safety, has criticized the Temelin plant for the frequency of radioactive leaks. In 2009, the Province of Upper Austria went to the Linz Regional Court in an attempt to close Temelin completely. The Province claimed that radiation and the risk of accidents was affecting the use of agricultural land. The claim was rejected.

Financiers
Institution type
Finance type
Year
Companies

CEZ Group

Czech Republic
Profile
Website

Skoda Praha a.s.

Czech Republic
Website

Škoda JS

Czech Republic
Website
No companies
News
BankTrack
Partners
Blog
External
BankTrack news BankTrack blog Partner news Partner blog

CEZ delays signing tender contract for Temelin NPP (Czech Rep.)

2013-07-25 | Enerdata
Blog
BankTrack news BankTrack blog Partner news Partner blog

BankTrack calls on banks to stop funding nuclear power

New website exposes nuclear secrets of commercial banks
2010-05-26 | Nijmegen, the Netherlands | BankTrack
Resources
Links

CEZ Group

owners of Temelin NPP
Send feedback on this profile
Sections
Banks Dodgy Deals Campaigns
Our campaigns
Banks and Climate Banks and Human Rights Banks and Nature
Our projects
Tracking the NZBA Banks and Russia Banks and Steel Tracking the Equator Principles Tracking the PRBs Find a Better Bank Banks and the OECD Guidelines
Media
News Publications
Raiffeisen Out! Bank.Green End Coal Finance Plastic Banks Tracker Defund TotalEnergies Financial Exclusions Tracker Equator-Complaints.Org Don't Buy into Occupation Banks & Biodiversity Forests & Finance Drop JBS StopEACOP Fossil-Free Finance
BankTrack
About BankTrack Organisation Our team Our board Our annual reports Funding and finances Guiding principles Our history BankTrack in the media Team up with us Our privacy policy Donate Visit us
Successes Contact BankTrack
Vismarkt 15
6511 VJ Nijmegen
The Netherlands
Contact@banktrack.org
Donate Mailing list Facebook Twitter Linkedin
©2023 BankTrack
BankTrack is a registered charity in the Netherlands (ANBI) - RSIN 813874658
Find our privacy policy here

Stay up to date

Sign up now for all BankTrack's news


Make a comment

Your comment will be reviewed, before being posted