Nuclear fuel for Slovak power plants will be supplied by TVEL

Nuclear fuel for Slovak power plants will be supplied by TVEL
Slovenské elektrárne, a.s. and TVEL signed a contract for the supply of nuclear fuel for nuclear power plants in Slovakia.

The contract with TVEL is the result of an international tender and is valid from 2022 to 2026 with the possibility of its extension until 2030. The fuel will be used in the operating units at Mochovce and Bohunice, including the two new units under construction at Mochovce.

All relevant suppliers in the world applied for the international tender which started in the middle of 2018 and was under the supervision of the Euratom Supply Agency. The winner placed the best economic offer and has a long history track as a reliable fuel supplier for the WWER 440 type units in the Czech Republic, Hungary, Finland or Ukraine.

„I am pleased that with the signing of this contract we have successfully completed the long and demanding selection of a nuclear fuel supplier for our nuclear power plants for the years to come. I firmly believe that TVEL will continue to meet the requirements for high safety standards and reliability of its supplies.“

Branislav Strýček
Chairman of the Board of Directors
and CEO of Slovenské elektrárne

Nuclear power plants generate approximately 15 million MWh and represent about 55% of the electricity produced in Slovakia, being the basic pillar of the country's power grid. Once the two new units at Mochovce are up and running, and after the shut-down of the brown coal fired units at Nováky in 2023, the share of nuclear will increase significantly.

Slovenské elektrárne has nearly 70% share on the overall electricity production in Slovakia. Thanks to nuclear and hydroelectric plants, low-carbon sources represents as much as 90% of its net power delivery, contributing significantly to the protection of the environment, air quality and the fight against global warming.