ČEZ Applies for Permission to Construct Two New Blocks at the Dukovany Nuclear Power Station
Today, ČEZ filed for permission with the State Office for Nuclear Safety to build new nuclear power blocks at Dukovany. This concluded its five-year preparations, being now ready for the licensing process in accordance with the Atomic Energy Act.
25. 3. 2020
The ČEZ Group earned CZK 14.5 Billion last year, which is up CZK 4 billion year-on-year
The CEZ Group’s earnings before interest, taxes, depreciation, and amortization (EBITDA) was CZK 60.2 billion, up 21% year-on-year. Net income increased by 38% to CZK 14.5 billion. The increase is mainly due to the rise in selling prices of the electricity generated in the Czech Republic thanks to the multi-year presales in the wholesale markets in Germany and also higher profit from commodities’ trading, which at end of year contributed to the significantly higher than expected profit of the ČEZ Group. Net income adjusted for extraordinary effects was CZK 18.9 billion.
17. 3. 2020
GE Hitachi Nuclear Energy and ČEZ Announce Small Modular Reactor Technology Collaboration in the Czech Republic
GE Hitachi Nuclear Energy (GEH) and ČEZ, a. s., an integrated electricity conglomerate, have entered into a Memorandum of Understanding through which the companies have agreed to examine the economic and technical feasibility of potentially constructing a BWRX-300 in the Czech Republic.