Press releases pg. 49

Power plants

ČEZ continues on its path towards an emission-free future. The Prunéřov I coal power plant belongs in the history books, but its location looks to the distant future of energy production

Prunéřov – ČEZ continues to pursue its strategy of a gradual transition to low- or zero-emission production of electricity, based on renewable sources and nuclear power, and complemented by steam-gas sources for the requirements of the heating industry. After fifty-three years of operation, the 440 MW Prunéřov I coal power plant is now shutting down.

5. 6. 2020

Economics and financial news

CEZ Group earned CZK 14.2 billion in the first quarter, a year-on-year increase by 43%.

CEZ Group's net income in the first quarter of 2020 reached CZK 14.2 billion, a year-on-year increase by CZK 4.2 billion. Operating profit before write-offs (EBITDA) grew by 22% to CZK 25.9 billion. The significant increase in profit is mainly caused by the growth of realization prices of generated electricity in the Czech Republic due to multi-year pre-sales on wholesale markets in Germany and additional profits from commodity trading. The COVID-19 pandemic has had only a limited impact on CEZ Group and will not affect its operations until the next quarters.

12. 5. 2020

Nuclear power plants

The Temelín Unit 1 restored electricity production, despite the coronavirus, the technicians kept to the planned deadlines

This afternoon Temelín Unit 1 started producing electricity. The operators shut it down for refueling on March 13. The outage lasted for 59 days and the technicians e.g. replaced a quarter of the fuel, inspected the turbine and safety systems during it. Due to the coronavirus, they had to adjust the timetable before it started, but in the final, they kept the deadlines, despite many health-protective measures. Together with the Dukovany power plant, all six nuclear units are currently in operation.

11. 5. 2020

Economics and financial news

Proposal of dividend from profit of 2019: CZK 34 per share

Today, Board of Directors of ČEZ, a. s. decided to propose the gross dividend from profit of 2019 amounting to CZK 34 per share.

14. 4. 2020