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Czech markets  |  October 04, 2012 07:36:13

ČEZ short under pressure due Dukovanům?

CEZ said the EU could be forced to close nuclear power plant. The main reason for this would be that the plant uses Russian fuel that is enriched in territories outside the EU, which forbids declaration of 1994.

The report, according to analysts at the largest Czech power company befall negatively.

"CEZ shares may come under pressure in the short term, despite the fact that we assume that such a solution will be found to CEZ Dukovany nuclear power plant could run much longer than the four reactors dukovanským current license will expire in the years 2015 to 2017," said Thomas Sykora, analyst of Patria Direct.

Electricity from nuclear power plant Dukovany covers about one-fifth of consumption in the Czech Republic and its installed capacity is 1.6 GW. However, CEZ disclaims any misconduct against EU rules, with the contract for the supply of fuel for Dukovany signed before joining the EU. The contract is also approved by the ESA (Euratom Supply Agency).

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  • The European Union is not going to close Dukovany

    Claiming to E15 in the expression for the Czech Radio turned down a European agency, which controls the supply of fuel for atomic power plants in the Union. Future Dukovany said could jeopardize that ČEZ for them using fuel from Russia.

    Countries of the European Union, under the relevant obligations should not be dependent on the supply of nuclear fuel from third countries. The Czech Radio Supply Agency confirmed that it really explores the supply agreement, which the company CEZ Dukovany closed. The result of this control, but by the High Representative of the Agency shall in no case be closed Dukovany. The Agency may be said about whether not to supply fuel to the power plant from other sources. But if another supplier will not, Dukovany can continue to operate under existing conditions.

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    ČEZ krátkodobě pod tlakem kvůli Dukovanům?

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