Press releases pg. 51

The refueling, inspections of safety systems, and the implementation of 55 investment activities. These are just examples of the most important works to be performed during the planned Unit 2 outage. Overall, technicians are planning to carry out nearly twelve thousand activities and want to master it within two months.

Prunéřov – ČEZ continues to pursue its strategy of a gradual transition to low- or zero-emission production of electricity, based on renewable sources and nuclear power, and complemented by steam-gas sources for the requirements of the heating industry. After fifty-three years of operation, the 440 MW Prunéřov I coal power plant is now shutting down.

CEZ Group's net income in the first quarter of 2020 reached CZK 14.2 billion, a year-on-year increase by CZK 4.2 billion. Operating profit before write-offs (EBITDA) grew by 22% to CZK 25.9 billion. The significant increase in profit is mainly caused by the growth of realization prices of generated electricity in the Czech Republic due to multi-year pre-sales on wholesale markets in Germany and additional profits from commodity trading. The COVID-19 pandemic has had only a limited impact on CEZ Group and will not affect its operations until the next quarters.

This afternoon Temelín Unit 1 started producing electricity. The operators shut it down for refueling on March 13. The outage lasted for 59 days and the technicians e.g. replaced a quarter of the fuel, inspected the turbine and safety systems during it. Due to the coronavirus, they had to adjust the timetable before it started, but in the final, they kept the deadlines, despite many health-protective measures. Together with the Dukovany power plant, all six nuclear units are currently in operation.