CEZ Group Energy Transformation and Financial Results
WE WILL ADD 6 GW OF RENEWABLES CAPACITY BY 2030
Renewables EBITDA
Existing assets in CZK billion*
GW
5
2020
+20%
6
2025
+67%
10
Annual Capex**
CZK billion, avg
6-7
2021-25
14-15
2026-30
ப
G
Renewables capacity
+1.5
+6.0
PVs, wind
Hydro
6.2
We expect to focus our RES
development on photovoltaic in
Czechia
RES development in 2022-2030
to be incentivized by Capex
grants from Modernization Fund
We will increase storage
capacities to above 300 MWe
1.7
-0.2
2.0
2.0
2.0
2030
2020*
2025
2030
Wholesale electricity prices***
EUR/MWh
51
~ 51
~ 57
2020
2025
2030
**
2020 figures exclude contribution from 600 MW of Romanian wind, which was disposed on Mar-31, 2021
Capex conservatively assumes no subsidies on Capex from Modernisation fund due to their uncertain amount
*** Realized prices for renewables will be adjusted by the shape discount (0.8-0.9) on top of wholesale power price
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