Press releases pg. 25
CEZ Group will transfer more than CZK 100 billion to the state this year in order to help reduce consumer energy prices
Today, CEZ published the outlook for CEZ Group's financial performance for 2023, including an indication of total levy to the Czech state reflecting the tax measures approved last year to address the energy crisis. In addition to the regular income tax, CEZ Group's net profit will be affected by two legislative measures, namely a levy on excess sales of production and a windfall tax of 60% of the difference between the tax base and the average tax base in 2018-2021 increased by 20%.
2. 2. 2023
Czech nuclear power plants announce record production
Czech nuclear power plants produced a record amount of energy in 2022. They supplied 31 TWh of electricity to the transmission network, 300,000 megawatt hours more than in the previous year. Thus, they saved approximately 22.5 million tons of carbon dioxide. The record production is the result of a series of modernizations and improvements that increased the reliability and performance of both key Czech energy sources. In 2023, CEZ expects a slightly lower production of the nucelar power plants due to very extensive investments into their planned at least 60 years of operation.
2. 1. 2023
Czech Republic: EIB to finance modernisation of ČEZ's distribution grid and connection of new renewable energy sources with a record-breaking loan of €790 million
• The €790 million in financing by the EIB will help the Czech national utility company ČEZ upgrade and expand the country’s electricity distribution grid.
• The loan will promote the Czech Republic’s energy independence by enabling ČEZ to connect around 2.2 GW of new renewable energy sources. • The financed investments will help provide a more reliable electricity supply for businesses and households across the Czech Republic. • The operation is the biggest EIB loan for the Czech Republic signed to date.12. 12. 2022
Czech Nuclear Power Plants Comply with International Environmental Protection Standards
The Temelin and Dukovany nuclear power plants in the Czech Republic meet the requirements of international environmental protection standards. Such is the main conclusion of a recertification audit conducted by the international company Det Norske Veritas. This prestigious ecological certificate for environmental management has been held by the Temelin power plant without interruption since 2004, and by the Dukovany plant since 2001.