Research (Česká spořitelna)
Czech markets  |  August 28, 2012 09:50:55

ČEZ again considering selling Počerady

ČEZ reconsidering whether to sell power Počerady. The reason is that the plant Počerady is one of the modern fleet resources in the CEZ. The problem is that it is dependent on the supply of coal from United Coal (Euro). A separate report from LN states that CEZ is trying to negotiate a contract for the supply of natural gas for its new RWE power plant (also in Počerady).

ČEZ now collects offers to buy about 800 MW of the installed capacity, the offer also includes Počerady. One reason for sale are disputes with suppliers of brown coal, then the second is to terminate the investigation by the European Commission. We therefore expect that CEZ part of the capacity actually sold, but sold specific source will depend on many factors.The new gas plant in Počerady company previously agreed to supply most of the prices linked to oil, and we therefore expect it to be in the early years of losses. Any modification of gas toward the spot would be positive. Petr Bartek,

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ČEZ znovu zvažuje prodej Počerad

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