Press releases pg. 27

Foreign activities
Economics and financial news

CEZ Group begins withdrawal from Türkiye, signing sale of its share in AKCEZ to Torunlar Group

Today, CEZ Group signed an agreement with Torunlar Enerji Sanayi ve Ticaret A.Ş. and with Başkent Doğalgaz Dağıtım Gayrimenkul Yatırım Ortaklığı A.Ş. (Torunlar Group) on the sale of its 50% stake in AKCEZ Enerji A.Ş. (AKCEZ), owned in a joint venture together with the Turkish partner AKKÖK Holding A.Ş. (AKKÖK). AKCEZ comprises of three subsidiaries that deal with electricity distribution, energy sales and energy services. The transaction is subject to approval by the Turkish antitrust authority and the local energy regulator. The settlement of the transaction is also subject to having an agreement on financing.

30. 7. 2022

Environment and renewable resources
Foreign activities
ČEZ ESCO
Economics and financial news

U. S. Steel Košice is heading towards a more sustainable future. Košice steel mills will reduce their climate footprint with the help of ČEZ and ESCO Slovakia

Two strong brands from two neighboring countries have come together on the way to the modern emission-free energy of the future. U. S. Steel Košice, a subsidiary of the global steel giant UNITED STATES STEEL CORPORATION, and ČEZ, the Czech leader in the field of modern energy and decarbonization, have entered into a non-binding memorandum of cooperation to form strategic partnership until 2025 with the possibility of extension. The memorandum concerns cooperation in the field of emission-free electricity, the construction of renewable sources, energy efficiency and savings, and the development of climate-friendly innovative solutions.

29. 7. 2022

Nuclear power plants

On Friday, ČEZ will start the regular replacement of fuel assemblies at Temelín Unit 2. They will connect the outage with a range of investments.

Checks of safety systems, turbines, sixty-seven demanding investment actions, and, above all, replacing a part of fuel assemblies. These are examples of the most important works to be carried out during the planned Unit 2 outage of the Temelín Nuclear Power Plant. Overall, ČEZ plans to do almost thirteen thousand activities, which it had preliminarily designed for two months.

20. 7. 2022

Environment and renewable resources
Others
Economics and financial news

CEZ Pledges to Be Carbon Neutral by 2040: Memorandum on Cooperation in Climate Protection Signed with the Czech Ministry of the Environment

The Ministry of the Environment and CEZ Group have signed a Memorandum on Cooperation in Climate Protection, the Energy Sector, and Certain Related Areas. Both parties will cooperate on comprehensive decarbonisation of all segments of the Czech economy. Furthermore, CEZ pledges to speed up achieving carbon neutrality of its operations by 10 years. The commitment undertaken as part of the Paris Agreement had originally envisaged that milestone in 2050. The Ministry will strive to support companies like CEZ in their transition to carbon neutrality, for example, by striving to simplify the permit procedure for building renewable sources of energy, in particular innovative photovoltaics and agrivoltaics.

15. 7. 2022