Press releases pg. 4
ČEZ Group earned CZK 18.7 billion in the third quarter, a total of CZK 52 billion in the first three quarters
In the third quarter, the operating profit before depreciation (EBITDA) reached CZK 30.0 billion and the net profit was CZK 18.7 billion. For the first three quarters, EBITDA amounted to CZK 89.3 billion. The year-on-year increase of 88% reflects the enormous growth in commodity prices on the wholesale markets, the record profit from commodity trading on foreign markets, as well as the high operational reliability of power plants this year. Net income was CZK 52.3 bn ČEZ Group increases its full-year EBITDA outlook to the level of CZK 115 to 125 billion and net profit adjusted for extraordinary effects to the level of CZK 65 to 75 billion.
10. 11. 2022
ČEZ has reduced the energy intensity of its power generation by 10% in 15 years, with further large savings down the pipeline
ČEZ Group is also setting an example in energy-saving behaviour in its power plants, as it plans to achieve significant savings in internal consumption in the coming years and gain additional energy by installing innovative emission-free sources. By these means, the company expects to achieve cumulative savings and added generation in the order of thousands of megawatt hours per year.
22. 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.
15. 9. 2022
ČEZ, too, plans to save money: decreasing temperature in offices, installing heat pumps and photovoltaics, and insulating
In the upcoming heating season, ČEZ Group plans to lower the heating temperature by 2 to 4 degrees centigrade in more than a hundred of its office buildings across the Czech Republic. It estimates that this will save nearly 15% of its energy consumption. At the same time, the company carries on with its long-term programme to reduce energy intensity – investing an average of CZK 45 million a year in insulation and other energy saving measures. ČEZ plans to save at least another 15% of all energies by 2027. This is to be aided by, among other things, the installation of heat pumps and photovoltaics, or by the planned central control system for more efficient regulation of heating, cooling, and air conditioning.