CEZ Group Energy Transformation and Financial Results
WE WILL REDUCE SHARE OF OUR COAL GENERATION TO 12.5%
IN 2030, AND COMPLETELY EXIT COAL BY 2038
Expected development of installed
capacity in coal
(GW)
8.1
-73%
lignite old
refurbished
black
4.4
4.3
0.9
3.0
0.8
2.2
0.8
2.2
2.8
2.2
2.2
1.2
2015
2021
2025
2030
0
2038
Share of coal related revenue * Share of coal on generation
(%)
(%)
18%
-15%
~2%
32%
25%
12.5%
2021
2025
2030
2021
2025
2030
Π
Coal fired power plants are being gradually
closed
No new coal capacity investments commitment
Coal capacity was reduced 1,719 MW in 2020, further 500 MW
has been closed in 2021.
Post 2030 only 3 upgraded units planned to be in operations
Coal exit by 2038 in line with recommendation of Czech Coal
Commission or earlier depending on the legal framework
(current government is targeting 2033)
Coal extracted is mainly used in own power
plants and declining
CEZ Group produced 15.9 million tones of coal, out of which
only 26% is sold externally
Volume of extracted coal is expected to decline to 8 million
tones in 2030 reflecting the reduction of CEZ Group's coal
capacities.
Termination of coal mining by 2038 in line with
recommendation of Czech Coal Commission, i.e. much earlier
than depletion of coal reserves
Share of sales of electricity, Sales of heat sales and revenues from externally sold coal on consolidated revenues
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