Press releases pg. 2
CEZ Group Earned CZK 29.6 bn in 2023, with 74% thereof from emission-free activities. It is the highest profit for the past 10 years, excluding the extraordinary year of 2022
Earnings before interest, taxes, depreciation and amortization (EBITDA) reached CZK 124.8 bn, down 5% year-on-year. We exceeded our initial ambitions, mainly thanks to additional gains from commodity trading and reliable nuclear power plant production. Net Profit reached CZK 29.6 bn. Adjusted Net Profit reached CZK 34.8 bn, and the dividend policy in place indicates a dividend of CZK 39 to 52 per share. In 2024, CEZ Group expects EBITDA of CZK 115 to 120 bn and Adjusted Net Profit at CZK 25 to 30 bn.
21. 3. 2024
A unique Israeli cooling system in Hodonín saves 57 million cubic metres of water every year, reducing its consumption by 97%
* The Hodonín power plant stabilises year-round supply of electricity and heat * This will be enabled by a new water-cooling method, using air in ventilator towers * The currently employed flow-through cooling, using water from the river, had limited capacity, particularly in summer * Biomass burning, which commenced in 2009, is now the main fuel * The cross-border supply of heat to Holíč, Slovakia is unique European terms After several months of testing, the brand-new cooling system at the Hodonín power plant has been transitioned into a one-year trial run. The advanced Israeli cooling-tower technology will cut cooling-water consumption by 97%, from 59 million cubic metres to less than 2 million per year. The ventilator cooling tower is broken up into 4 cells, each up to only 12.5 metres high, so that the facility does not disrupt the skyline. The Hodonín power plant is a low-emission ČEZ source that started to burn biomass in 2009.
20. 3. 2024
Orano signs a contract with the Czech electric utility ČEZ for the supply of uranium enrichment services
Orano has signed a contract with the Czech electric utility ČEZ, a.s., for the supply of uranium enrichment services. The enriched uranium, once transformed into fuel, will be used in its Dukovany nuclear power plant. The signing took place today during a trip by the President of the French Republic, Emmanuel Macron, to the Czech Republic to strengthen bilateral cooperation, particularly in civil nuclear power.
5. 3. 2024
CEZ Group Improves ESG Rating from CDP: Now Has a B for Climate Change and B- for Water
CEZ Group has improved its ESG rating with CDP, one of the world's leading organisations focused on assessing public administration and companies from a sustainability perspective. In the key area of tackling climate change, CEZ has scored a B, an improvement of two ranks since 2021. CDP rates companies in terms of climate change, water security and preventing deforestation for around 750 investors from around the world.