Press releases pg. 16
ČEZ Uses Modern 3D Technologies including Metal 3D Printing in Nuclear and Hydroelectric Power Plants. The New Idea Saves Time and Money
ČEZ uses 3D technology models, including modern 3D printing methods, in cooperation with ŠKODA JS for both Czech nuclear power plants and in the hydropower industry. The innovative process scores points when missing equipment is no longer in production, is not available on the market or has excessively long lead times. During the first year, the deployment of 3D parts contributed to reduced downtime and increased power plant production - without affecting the safe supply of electricity. During this period, power engineers produced a total of 4,159 parts from both plastics and metal on a 3D printer. This is another step towards ensuring energy independence and at least 60 years of the operation of nuclear power plants and other parts of the critical energy infrastructure.
22. 2. 2023
ČEZ initiated arbitration against Gazprom
Yesterday, 8 February 2023, ČEZ, a. s. formally initiated arbitration proceedings against Gazprom export LLC by submitting a Request for Arbitration under the rules of the International Chamber of Commerce (ICC).
9. 2. 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
CEZ Group will transfer more than CZK 100 billion to the state this year in order to help reduce consumer energy prices
Today, CEZ published the outlook for CEZ Group's financial performance for 2023, including an indication of total levy to the Czech state reflecting the tax measures approved last year to address the energy crisis. In addition to the regular income tax, CEZ Group's net profit will be affected by two legislative measures, namely a levy on excess sales of production and a windfall tax of 60% of the difference between the tax base and the average tax base in 2018-2021 increased by 20%.