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Slovakia Eyes US Nuclear Deal, Westinghouse Deal Looms

Bloomberg Markets •
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Slovakia is set to sign a nuclear cooperation agreement with the United States this Friday, a move that Prime Minister Robert Fico said could unlock a power‑plant deal with Westinghouse Electric Co. The agreement would formalize technology sharing and regulatory alignment, positioning Slovakia as a key player in Europe’s clean‑energy push for the next decade.

Europe’s nuclear ambitions have surged as countries seek low‑carbon alternatives. Slovakia’s partnership follows a 2022 agreement with France’s EDF and a 2023 deal with Russia’s Rosatom, illustrating a split in supply sources. By aligning with the United States, Slovakia signals a shift toward Western technology and tighter safety standards for a more secure energy future.

Industry watchers anticipate the Friday signing will trigger a bidding process for Westinghouse’s AP1000 reactors, potentially boosting Slovakia’s grid capacity by 1.5 GW. Analysts warn that financing and regulatory hurdles could delay construction, but a successful partnership would set a precedent for other Central European nations seeking nuclear upgrades and secure energy independence for the region.