Press releases pg. 4

ČEZ has intensified its transition to future emission-free energy. This is in line with its strategy that primarily aims at transforming its production portfolio to low emissions by 2030, becoming carbon neutral by 2050, and offering the best energy solutions and customs experience in the market. Vision 2030, referred to as the Clean Energy of Tomorrow, confirms CEZ Group’s ambition to be a leader in sustainable development in the Czech Republic as well as in the entire Central Europe.

While Porsche’s electric models break one speed record after another around the world, the brand’s dealerships are also preparing for a new era in individual transport. The branch network of the Porsche Inter Auto Group in the Czech Republic is no exception: it will build facilities for its electromobility future with the assistance of ČEZ ESCO. The contract includes the construction and servicing of charging infrastructure at all Porsche branches of the Porsche Inter Auto CZ network of dealerships. The first was the Porsche dealership at Prague – Prosek, where Turbo charging stands run with the backing of a special battery store with a capacity of 320 kW.

• Today, ČEZ stands can serve up to 600 electric cars at once

• Electromobility also means transformation of the Czech automobile industry

• In the coming years, charging at ČEZ will be yet faster, thanks to ultra-fast stations

Travelling across the Czech Republic by electric car keeps getting easier, among other things thanks to the expanding offering of public charging stands operated by the energy company ČEZ. The country’s largest network is comparable to larger chains of traditional petrol stations. The jubilee 300th stand, which was erected at the parking lot of the Kaufland chain in Nymburk, was ceremonially put into operation by the Deputy Prime Minister (Minister of Industry and Trade and the Minister of Transport) Karel Havlíček. More than 150 stations were installed thanks to the European Connecting Europe Facility (CEF) grant and the Operating Programme Transport, and dozens more were built and financed by ČEZ itself.

CEZ Group’s venture capital fund Inven Capital has examined some 2,400 investment opportunities throughout Europe since 2015, selecting 14 for implementation, including two in the Czech Republic. Companies from their portfolio have launched many innovative projects that will contribute to the fulfilment of global decarbonisation targets, whether in the area of hydrogen technologies, solar energy, energy efficiency and savings, or e-mobility. Inven Capital has already successfully exited two companies, selling them to global players such as Microsoft and Shell. CEZ Group and the European Investment Bank have backed Inven Capital with EUR 240 million, of which approx. EUR 130 mil. have already been invested.