As expected, CEZ will shut down the second block of NPP Temelin due to planned change of a part of turbo generator. The maintenance should last for three weeks. At the end of January, the unit will start to deliver power to the grid again with an output of 980MW, while now it operates only on lower 80% performance. We believe that this news is neutral and should not influence today’s price. We reiterate out BUY recommendation.