The present power situation and its estimated development with a view to metallurgy is presented. The possibilities of the development of Czechoslovak metallurgy are described with regard to conventional fuels and to nuclear power applications. The programme of the use of nuclear power in countries with a highly developed metallurgical industry, such as Japan, the FRG, etc., is presented and the technical pre-requisites for the use of nuclear power in metallurgy, namely the use of high temperature reactors and their incorporation in nuclear metallurgical complexes are discussed. The problems are indicated of the selection of suitable materials for high temperature reactors and the experience is described with the operation of such equipment. The results are given of the analysis of 10 variants of the model of a nuclear metallurgical complex manufacturing 1000 tons of sponge iron per day and having four main technological circuits (the helium circuit, the steam circuit, the reduction gas circuit and the cycle of metallurgical processes). An estimate is given of the capital costs of building a high temperature reactor, a power plant and a metallurgical complex with the reactor. The costs are also given of steel and power production in a nuclear metallurgical complex.