Investor Presentaiton
8
OUR STRATEGY FOR COAL-FIRED POWER PLANTS
VARIES BY THEIR CATEGORY
ČEZ strategy
Effectively manage the portfolio of
basin coal plants, heating plants
and mines (design-to-value), as well
as electricity supply
Develop backup sources based on
the needs of the Czech Republic and
the development of capacity markets
Application of the strategy in the generation portfolio
ELE
New
basin
ETU
plants
EPR
Locality of
Mělník
EGT
EME2
EME3
EDE
Old
standalone
power
dependent) EPC
Effectively operate and gradually
phase out the portfolio of non-
basin plants based on economic
criteria
plants
(CDS-
Biomass
heating
plants
EHO
EPO
ECJH
Other
heating
plants
TETR
TDK
Π
CEZ Group basin plants are operated in base load.
Thanks to the low operating costs, their high availability
is crucial. Heat supply is an upside.
The largest heating plant of CEZ Group, which
supplies the capital city Prague with over 10 PJ of
heat per year. Partial modernization of the heating plant
is planned after the old units phase out.
For the hard coal power plant Dětmarovice, the
electricity production is crucial, profitability of which
strongly depends on the development of commodity
prices. Heat supply is an additional income.
Profitability of the Počerady plant depends on
market commodity prices, including lignite (based on
the prices of hard coal). The power plant is on the edge
of the technical life and does not meet the
BREF/BAT emission limits. In 2019, ČEZ has to decide
about potential withdrawal from the sale of the
power plant.
Sources with significant heat supply. Incentives for
production of electricity from clean biomass burning is of
crucial importance.
Planned greening of the Trmice heating plant and
construction of a new heating source (biomass/gas)
in Dvůr Králové in order to fulfill the BREF/BAT limits.
Note: CDS (clean dark spread) - margin from electricity sale after subtracting the costs of coal and CO2 allowances; CSS (clean spark spread) -
margin from electricity sale after subtracting the costs of gas and CO2 allowances
CEZ GROUPView entire presentation