This 1.1 billion Euro ($1.6 billion) project is done in order to offset the emissions of the dirty coal fired plants of the Czech power group CEZ behind this project. Please refer to the Reuters’ article for more details on the deal.
To the data provided by CARMA, the country’s electricity needs are met with 51 percent of fossil fuels, 32 percent of hydro while the remaining comes from nuclear.
This is nice to see that Eastern European countries are working on decreasing their emissions and cut their dependance on old and dirty coal-fired plants.
Meanwhile I twitted last month that Poland is planning to build its first nuclear reactor to answer its increasing energy needs and rely less on coal.
As I noted earlier (cf. Eastern European countries are plagued by coal), this energy source is a massive problem for the latest EU members.