Press releases pg. 4
Terminal in Netherlands, LNG in United States and Asia and More: ČEZ Trading Has Started to Operate in a Number of New Markets to Strengthen Energy Security
The most important strategic task for the ČEZ Group’s Trading Department last year was to acquire capacity at the first ever LNG terminal opened in the EU after the start of the war in Ukraine. The next task was to obtain a sufficient quantity of liquefied natural gas at an acceptable price. But these were far from the only goals. To strengthen energy security, ČEZ traders have ventured into other markets and started trading completely new products. They have also discovered a number of opportunities that they have been able to turn into excellent business results.
14. 3. 2023
Expanding strategic partnership: EIB provides further EUR 50 million to the Czech fund Inven Capital to support investments into climate-friendly start-ups
• The European Investment Bank (EIB) has committed another EUR 50 million to co-investments with the Czech Inven Capital fund, expanding their strategic partnership that started six years ago. • EIB’s co-investment aims to leverage Inven’s market access and expertise to deploy EIB funding in smaller innovative companies and support tech solutions that can contribute to a reduction in CO2 emissions. • The project will ease financial constraints for SMEs and Mid-Caps and contribute to EIB´s research, innovation, digital, climate action and environmental sustainability policy objectives. • The total assets value under management of Inven capital has now reached over EUR 500 million.
8. 2. 2023
The first ship carrying LNG for the Czech Republic reaches Eemshaven, the Netherlands
The first LNG terminal put into operation in Europe since the start of the war in Ukraine is gradually switching to full operation. After the opening ceremony on 8 September, and the arrival of the tanker Murex with the initial cargo, the first ship with a cargo of liquified gas for ČEZ reaches Eemshaven – the tanker Gaslog Georgetown, coming from the United States.
20. 9. 2022
The Datteln wind project succeeds in obtaining operating support in German auction
The ČEZ Group Datteln project received operating support of 58.7 EUR/MWh in a German auction of onshore wind power plants. Depending on the correction factor actually used, this will secure it a 78 EUR/MWh tariff for 20 years from connection. This will gain ČEZ further experience in the preparation of wind projects, which it can apply in the Czech Republic. At the same time, it will support a security power supply in Europe that is independent of Russia.