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MarketplaceEnergy firm ČEZ gets three bids for Temelín nuclear plant expansion

11-07-2012 15:54 | Jan Richter

The biggest public procurement project ever held in the Czech Republic entered a new stage when earlier this month, the state-owned energy firm ČEZ received three bids to build two new blocks at the Temelín nuclear plant. The winning bid should be announced next year, while the project, estimated to cost between 200 and 300 billion crowns, should be finalized by 2025.  More

NewsČEZ gets bids for Temelín expansion

03-07-2012 19:13 | Christian Falvey

All three participants in the multi-billion crown tender for the expansion of the Temelín nuclear power plant have submitted their bids to the Czech power giant ČEZ. The bidders are the US-based Westinghouse, France’s Areva and a Czech-Russia consortium. The bidders have all promised the lion’s share of the work to Czech companies. ČEZ will be assessing the bids for most of the second half of the year and is expected to announce the winner in the course of 2013. The third and fourth units of the Temelín power plant are to be completed by 2025.  

NewsČEZ gets bids for Temelín expansion

02-07-2012 19:24 | Daniela Lazarová

All three participants in the multi-billion crown tender for the expansion of the Temelín nuclear power plant have submitted their bids to the Czech power giant ČEZ. The bidders are the US-based Westinghouse, France’s Areva and a Czech-Russia consortium. The bidders have all promised the lion’s share of the work to Czech companies. ČEZ will be assessing the bids for most of the second half of the year and is expected to announce the winner in the course of 2013. The third and fourth units of the Temelín power plant are to be completed by 2025.  

NewsDukovany raises output to match Temelín

26-06-2012 19:13 | Christian Falvey

The nuclear power plant of Dukovany has completed a project to raise its output from 1,760 MW to 2,000 MW. A plant spokesman told the Czech Press Agency that the EDU+ project had included the replacement and modernisation of eight turbine sets, generators and transformers and a rise in output among all four nuclear reactors. Dukovany has thus reached the same output level as the Temelin nuclear power plant in Southern Bohemia. The older of the two Czech nuclear power plants, Dukovany was the biggest domestic power producer last year, as in previous years. Its production rose by 1.3% year-on-year to 14,369 TWh, which was the second best performance in the plant´s nearly 27-year-old history.  

Business NewsBusiness News

22-06-2012 15:48 | Jan Velinger

In Business News: Czechs buy a total of 13.8 billion state savings bond units worth 15.3 billion crowns; the Czech Republic could lose roughly 22 billion crowns in EU subsidies in 2012; more than 60 percent of Czechs are in favour of further development in nuclear energy; the Czech Republic remains the most attractive country for foreign investors; at the pump, a drop in fuel prices.  More

NewsTop exporters saw foreign sales rise by 8% in 2011

15-06-2012 19:32 | Christian Falvey

The top 50 Czech exporters saw their exports rise by 8% to 901 billion in 2011, according to the CZECH TOP 100 association. The association’s data shows that the country’s largest exporter was again its largest Czech car manufacturer, Skoda Auto, which raised exports from 197.6 billion in 2010 to last year´s 230.5 billion. Alpiq Energy SE saw the largest growth in exports last year, with foreign sales up by 16 billion. The top 50 exporters also recorded a 30% rise in their exports in 2010, up to 832 billion. Foreign sales of the 10 biggest exporting companies increased by 41 billion to 657 in 2010.  

Business NewsBusiness News

15-06-2012 16:17 | Jan Richter

In Business news this week: Czech public debt is the second smallest in the EU but the gap widens between the country’s GDP and EU average; Škoda Auto seeks factories to produce its new SUV model; government plans to cap salaries of state-owned firms; Czech Post suspends deliveries to Syria; and a new study predicts how many medals Czech athletes will win at London Olympics.  More

NewsSchwarzenberg strikes back at German criticism of Temelín

11-06-2012 19:27 | Christian Falvey

Foreign Minister Karel Schwarzenberg struck back at German criticism of the completion of the Temelín nuclear power plant in Monday’s issue of Sueddeutsche Zeitung. Mr Schwarzenberg wrote that while other European states use nuclear power, he knows of no other case in which a neighbour comes under such a strong pressure to abandon it. The Czech Republic, he said, respects Germany´s decision to substitute nuclear energy with renewable sources, in spite of the fact that that decision overburdens the Czech distribution network. Temelín is to be completed by 2025. French, Russian and U.S. firms have shown interest in the huge order.  

Current AffairsHead of government energy commission: Share of nuclear power in Czech Republic’s energy mix should grow to about 50 percent

30-05-2012 15:19 | Sarah Borufka

Temelín nuclear power plant Václav Pačes, the head of a government-appointed energy commission, has presented his suggestions for the future energy policy of the Czech Republic. Among them is an increase in the share of nuclear power in the country’s energy mix of to up to 50 percent over the next few decades. We spoke to Chris Johnstone, who has been covering the Czech energy market extensively for many years, about the significance of Mr Pačes’s proposals, the future of nuclear power and some of the challenges that lie ahead.  More

NewsCzech president slams state regulation of energy sector

25-05-2012 18:41 | Christian Falvey

Speaking at the Energy Gas Storage Summit 2012 in Prague on Thursday, Czech President Václav Klaus said that government regulation of the energy sector may have a negative impact on electricity prices. He added that nuclear power was an essential and irreplaceable source of energy for the Czech Republic. The president also slammed the EU for its regulation of the energy sector and its propagation of renewable power sources. In his view, the energy mix should be governed by the free market, not by EU leaders. He also criticized Germany’s plan to phase out nuclear power by 2022.  

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