Vladimír Urbánek (Kurzy.cz)
Markets  |  August 22, 2012 09:32:11

CEZ: Energy concept, split between MIT and MF

According to the national energy policy presented by MIT, the state should guarantee the purchase price of nuclear electricity. Ministry of Finance, but against it. The government should decide on the document by the end of August. We expect that a government guarantee for the completion of two new nuclear units at Temelín provide. Now consider the news as neutral.

The Ministry of Finance is in the comments on the draft energy plan against guarantees for the completion of the Temelín NPP.CEZ said in response that the world is currently no nuclear power project that would not have some form of state aid (HN). Are ongoing negotiations between CEZ and the state of the possible forms of support / guarantees for the completion of the Temelín NPP. This process will probably take more years (CEZ plans to start construction in the years 2016-17). If ČEZ received any guarantees, this project is quite risky. In this case, we would expect the project CEZ invite other investors to reduce their exposure. Petr Bartek

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ČEZ: Energetická koncepce, rozkol mezi MPO a MF

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