The ČEZ Group is no longer the general partner of the Karlovy Vary
International Film Festival, organisers revealed on Friday.
According to reports, the energy giant backed out of further cooperation before the start of this year. ČEZ was the key partner for the last 16 years – since 2002.
The company cited economic results as the reason it could no longer serve in its previous capacity.
The annual KVIFF takes place between June 29 and July 7.
The head of the Czech Chamber of Commerce has hit out at current prime
minister Andrej Babiš for his stance that state dominated utility ČEZ
should be able to build new nuclear reactors on its own without any help.
Chamber president Vladimír Dlouhý, speaking at an energy conference in Prague, said such a position was pure fiction.
He added that the chamber supports construction of new reactors and that the Czech Republic has advantages, such as developed nuclear know how and companies with relevant experience, which many other countries lacked.
A Czech government energy framework calls for at least one new reactor to be built at the current Dukovany site by at least 2035 when the four current units there are likely to be phased out.
The supervisory board of Czech electricity company ČEZ’s said it had
agreed the sale of its remaining Bulgarian assets to local company Inercom.
The final sale agreement is expected within days. The deal still has to be cleared by Bulgaria’s anti-monopoly authority.
The sale of the seven companies should draw a line under ČEZ’s 14 year history in Bulgaria which has in recent years involved frequent conflicts with the government and regulators.
ČEZ added though that the Bulgarian experience had turned a profit and that the final offer from Inercom was well over the market valuation of the assets and the valuation set by an independent analyst.
Czech moves to construct new nuclear reactors by addressing the crucial question of who and how they will be funded looks like it could be finally addressed. A proposed shake-up of energy company ČEZ aimed at paving the way for power plant construction is now going to be reviewed by a government appointed team of experts. But what reactors might the Czechs eventually choose?
A government decision on how to fund the construction of new nuclear
reactors in the country should come in April or May.
That deadline was given by the head of the lower house of parliament’s economic committee, Radim Fiala, on a visit to the Dukovany nuclear power plant which continues on Thursday.
The ministry of industry and trade’s standing committee on nuclear issues said earlier this week that it expected the various scenarios for funding new power plants to be prepared by the end of March in time for its next meeting.
Electricity producer ČEZ said Thursday that the unscheduled shutdown of
its Dukovany-4 nuclear reactor had ended early in the morning.
The 510 MW capacity reactor should be at full power during the evening of November 23. That would mean all four Dukovany reactor and two Temelín reactors would be operating normally.
The unscheduled outage began November 8 following a leakage of non-radioactive water outside the core reactor area.
The same day as the unscheduled outage started, CEZ had announced it expected output from its two nuclear plants, Dukovany and Temelín, to rise to 8.0 TWh in the last quarter.