CEZ outlined its planned power plant shutdowns for 2010, including a seven-week stoppage at Temelin unit 2 in May and a more than eight-week closure of the unit 1 from mid-July. CEZ also said it plans five shut downs over the course of the year of various units at its Dukovany nuclear power plant and will idle the entire 1,050 megawatt Prunerov coal-fired plant for about two weeks in June.
Our view:
?Low power demand allows CEZ to do more shutdowns in 2010 compare to the previous years. We see the news as neutral.