Finance
Slovakia to sign nuclear energy cooperation agreement with US, PM Fico says
Published by Global Banking and Finance Review
Posted on January 10, 2026
Global Banking and Finance Review
Company
Published by Global Banking and Finance Review
Posted on January 10, 2026
Jan 10 (Reuters) - Slovakia will sign an agreement on nuclear power cooperation with the United States next week, Slovak Prime Minister Robert Fico said on Saturday, as the country moves toward a deal to build a new nuclear power unit with U.S. help.
Slovakia, which currently has five nuclear power reactors at two plants, has been in talks with Washington since last year to build a large plant with U.S. group Westinghouse.
Fico said on Saturday the plant would have capacity of almost 1,200 megawatts (MW), bigger than existing units.
"In cooperation with American partners, we want to build a new huge block in purely state ownership on the grounds of the existing nuclear power plant in Jaslovske Bohunice," he said, without elaborating.
Fico said he wanted to participate in the signing of the more general agreement on U.S.-Slovak cooperation in the nuclear sector in Washington on Friday. He did not give more details on the signing.
The Slovak government approved an inter-governmental deal with the U.S. in October for the construction of a new unit, and Fico said in December U.S. President Donald Trump had invited him to the United States during this year's soccer World Cup for the signing of a nuclear power deal between the two countries.
(Reporting by Jason Hovet in Prague; Editing by Emelia Sithole-Matarise)
Nuclear energy is the energy released during nuclear fission or fusion, especially when used to generate electricity. It is considered a low-carbon energy source.
A nuclear power plant is a facility that uses nuclear reactions to generate electricity. It typically uses uranium as fuel to produce heat, which is then converted into electrical energy.
The capacity of a nuclear reactor is the maximum amount of electrical power it can generate, typically measured in megawatts (MW).
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