CEZ allocation of CO2 credits to be discussed tomorrow The Government should discuss the allocation of CO2 emission credits to companies for the period between 2005 and 2007 tomorrow. There are three scenarios, and we estimate that the most optimistic scenario would increase CEZ’s fair value by around CZK 3/share.
Separately, CEZ reconnected the second block of NPP Temelin after a three-month planned maintenance shutdown. However, its capacity had to be reduced by around 15% due to a fault in one turbine. We estimate that the unplanned shutdown of one block of NPP Temelin leads to a loss of CZK 0.01 per share.