Selected Historical Financials of CEZ Group
Modernisation fund to support development of photovoltaics
in Czechia
Indicative allocation from Modernisation
fund to different grant categories
Energy
Efficiency
17%
Transport
10%
Others 4%
Heat 26%
H
G
Support of renewables from Modernisation
Fund
In 2021-2030 CZK ~150 billion* is available for grants to
support renewables projects, out of which 60% will be dedicated
to projects of existing electricity producers
Actual amount of subsidy to be determined in auctions,
grants might fund up to 50% of total expenditure and up to CZK
6.2-7.3 m/MW**
Generated electricity will be sold at market prices
Investment support for CEZ projects
■
In H1 2022 subsidy of CZK 1.0 bn awarded for 17 projects with
173 MWp capacity.
In Q2 2023 subsidy of CZK 3.1 bn awarded to 24 projects with
728 MWp capacity.
www.cez.cz/en
Renewables
39%
* Assuming price of carbon allowances a EUR 80/t; CZK 394 billion available in Modernisation Fund in total and 38.7% of total for renewables
** Maximum per MW grant depends on size and technology (rooftop or ground-mounted)
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