Slovakia and USA sign nuclear energy agreement

Under the Intergovernmental Agreement the two countries will cooperate across a broad range of nuclear energy activities “including reactor technology, supply chains, safety and security best practices, workforce development, and long-term project planning”.

Prime Minister Fico said: “I see this moment as a significant milestone in our bilateral relations, but also as a clear signal that Slovakia and the United States are united by a common strategic thinking about the future of energy – about its safety, sustainability, and technological maturity.”

US Energy Secretary Wright said:Today’s civil nuclear agreement reflects our shared commitment to strengthening European energy security and sovereignty for decades to come. By deploying America’s leading nuclear technology, we are creating thousands of good-paying American jobs, expanding global markets for US nuclear companies, and driving economic growth at home.”

The US Department of Energy said the project to build a new Westinghouse AP1000 at the Bohunice Nuclear Power Plant in the Slovak Republic would “create thousands of American jobs across engineering, advanced manufacturing, construction, nuclear fuel services, and project management, while reinforcing US supply chains and expanding access to global markets for American-made nuclear technology”.

The Slovakian side said the hope was to put the proposed new unit into operation in 2040 or 2041. Fico said nuclear was low-carbon and provided energy and price security for the country. He added: “Our ambition is for this project to meet the highest standards of safety, economic efficiency and technological maturity, while at the same time to maximise the involvement of Slovak industry, research and workforce.”

The signing of the agreement took place on Friday 16 January. Another agreement was signed between Slovakia’s Eximbanka and the US Export-Import Bank on cooperation in financing nuclear projects.

Fico continued his visit to the USA over the weekend, joining US President Donald Trump for talks at the president’s Mar-a-Lago residence in Florida. 

According to Fico, writing on Facebook, the leaders’ discussions covered a range of geopolitical issues as well as the intergovernmental agreement: “Both countries are fully aware that solving serious energy challenges is not possible through wind turbines or photovoltaics, but that the basis for the future is the rapid development of nuclear energy.”

The signing of the agreement came the day after it was announced that a feasibility study carried out as part of the USA’s Project Phoenix scheme had backed the suitability of small modular reactors in the Slovak Republic, potentially from as early as 2035.

Slovakia currently has five nuclear reactors generating about half its electricity, with one more reactor under construction. The first two, at Bohunice, went into commercial operation in 1984 and 1985, respectively, while Mochovce 1 and 2 were connected to the grid in 1998 and 1999, respectively. Construction of Mochovce 3 and 4 began in 1986 but was halted in 1992. It was later restarted and Mochovce 3 entered service in 2023, with work continuing on Mochovce 4. The Slovak government’s plans for a new large unit was approved in May 2024.

   

  • Related Posts

    Kursk II’s first unit reaches 40% capacity

    By 13:00 local time on 30 January the unit was operating at a load of 408 MW, which is about 40% capacity for the VVER-TOI reactor. Pilot operation began the…

    Yokogawa to supply Rolls-Royce SMR control systems

    The scope of the agreement includes design engineering, validation and qualification, product hardware, building and testing the system, installation and commissioning of the SMR’s main control system. The project will…

    Have You Seen?

    Devon, Coterra Sign ‘Blockbuster’ Merger Deal

    • February 3, 2026
    Devon, Coterra Sign ‘Blockbuster’ Merger Deal

    EU set outs carbon removal standards for DACCS and BioCCS

    • February 3, 2026
    EU set outs carbon removal standards for DACCS and BioCCS

    Oil Steadies as Investors Weigh Supply, Possible US-Iran de-Escalation

    • February 3, 2026
    Oil Steadies as Investors Weigh Supply, Possible US-Iran de-Escalation

    COMMENTARY: A $47 Bln Deal Heralds US Oil Boom’s Middle Age

    • February 3, 2026
    COMMENTARY: A $47 Bln Deal Heralds US Oil Boom’s Middle Age

    Marathon Petroleum Profit Beats as Margins Rebound From Multi-Year Lows

    • February 3, 2026
    Marathon Petroleum Profit Beats as Margins Rebound From Multi-Year Lows

    US-Driven Gas Turbine Crunch May Speed Global Clean Power Uptake

    • February 3, 2026
    US-Driven Gas Turbine Crunch May Speed Global Clean Power Uptake

    Siemens Energy to invest $1bn in the US

    • February 3, 2026
    Siemens Energy to invest $1bn in the US

    Atlas Copco boosts profile in Germany with Zind acquisition

    • February 3, 2026
    Atlas Copco boosts profile in Germany with Zind acquisition

    U.S.-India Trade Deal Puts Oil and Russian Crude at the Core

    • February 3, 2026
    U.S.-India Trade Deal Puts Oil and Russian Crude at the Core

    India’s Russian Oil Dilemma Threatens to Shake Global Markets

    • February 3, 2026
    India’s Russian Oil Dilemma Threatens to Shake Global Markets