Press releases pg. 9

A sudden drop in power frequency in the grid requires back-up sources capable of restoring the balance within 30 seconds. In their BAART project, ČEZ and ČEPS tested the connection of a high-capacity battery system for providing power balance services, in particular automatic frequency regulation. The first 16 scenarios tested simulated actual operational situations and conditions, including up to 37 activations of automatic charging/draining of the battery store per week – that is the balance of the battery located at the Tušimice Power Plant grounds. During the one-year test, its reliability and ability to quickly respond to frequency deviations was proven.

Germany’s Sunfire, in the portfolio of the ČEZ Inven Capital investment fund, is launching major new projects. In France, production of green aircraft fuel will be launched, while in Spain, hydrogen will help decarbonise the country’s ceramics industry. Europe is increasingly focusing on hydrogen as a substitute for fossil fuels. Hydrogen production capacity of more than 1 GW is currently in operation in the EU and another nearly 200 projects are in the pipeline.

ŠKODA AUTO is putting increasing emphasis on energy from CO2-neutral sources. To that end, it will expand its cooperation with the energy company ČEZ. Agreement was reached today by Thomas Schäfer, Chairman of the Management Board of ŠKODA AUTO, and Daniel Beneš, Chairman of the Management Board of ČEZ. From the second half of this decade, the energy required for the production of cars and components at ŠKODA AUTO production plants in the Czech Republic will be derived 100% from renewable sources. Another joint project of ŠKODA AUTO and ČEZ is the construction of the largest rooftop photovoltaic power plant in the Czech Republic, which will be deployed at the main ŠKODA AUTO plant in Mladá Boleslav later this year.

› ŠKODA AUTO CEO Thomas Schäfer and Daniel Beneš, CEO of the ČEZ Group, agree on extended collaboration on construction projects for sustainable energy generation › ŠKODA AUTO commissions ČEZ with the construction and operation of the largest roof photovoltaic system in the Czech Republic while ŠKO-ENERGO will be responsible for project coordination › At ŠKODA AUTO’s Czech plants, energy for vehicle and component production will come exclusively from CO2 neutral sources from the second half of this decade onwards Mladá Boleslav, 12 February 2021 – ŠKODA AUTO is increasingly focusing on renewable energy and today, ŠKODA AUTO CEO Thomas Schäfer and Daniel Beneš, CEO of the ČEZ Group, agreed to expand collaboration between ŠKODA AUTO and energy supplier ČEZ. From the second half of this decade, the energy required for the manufacture of vehicles and components at ŠKODA AUTO’s Czech plants will come entirely from renewable sources. The next joint project between ŠKODA AUTO and ČEZ is the construction of the largest roof photovoltaic system in the Czech Republic, which is set to be connected to the grid at ŠKODA AUTO’s headquarters in Mladá Boleslav later this year.