Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  PRAGUE STOCK EXCHANGE  >  CEZ as    CEZP   CZ0005112300

CEZ AS (CEZP)
Mes dernières consult.
Most popular
  Report  
No quotes available
-- CZK   --.--%
05/10CEZ AS : 1st quarter results
CO
05/10CEZ AS : Slide show Q1 results
CO
04/19CEZ : Outage of npp dukovany unit four ends this weekend
PU
SummaryNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsofficial PublicationsSector newsTweets
OFFRE ETE Zonebourse : Jusqu'à 6 mois offerts sur tous les portefeuilles

CEZ as : EU's Oettinger : Nuclear Power Part of Bloc's Future Energy Mix

share with twitter share with LinkedIn share with facebook
share via e-mail
0
05/30/2013 | 04:17pm CEST

By Sean Carney

PRAGUE--European Commissioner for Energy, Gunther Oettinger, Thursday said the European Union's goals to reduce carbon dioxide emissions and combat climate change can only be reached with an energy mix including nuclear power.

"Without a doubt nuclear energy belongs to the [mix]," Mr. Oettinger said. "In coming years reaching [climate] goals can't be done without nuclear power."

Mr. Oettinger's comments come as Europe faces serious economic headwinds partly due to fast-rising electricity prices for industry and retail consumers despite wholesale energy prices at record lows. This is largely due to the mass rollout of renewable power generation using technologies that are still unprofitable and require subsidies paid by end-users.

Mr. Oettinger said that each EU country has the right to choose its power generation sources.

His comments were delivered at a nuclear power conference in Prague and come as the Czechs are set this summer to choose a winner in a $10 billion tender to build two nuclear reactors in the country.

Czech Prime Minister Petr Necas, speaking at the conference, said nuclear power is a "completely legitimate" source of power and can play a role in the decarbonization of the European economy.

Slovak Prime Minister Robert Fico said that the use of nuclear energy is a sovereign decision for each country.

Slovakia is currently building two new reactors, which he said will increase the country's energy independence and will act as a key part of Slovakia's efforts to decarbonize the European economy.

Write to Sean Carney at [email protected]

Go to http://blogs.wsj.com/emergingeurope/ for the WSJ blog on Central and Eastern Europe, covering business, politics, society and more, written by our correspondents across the region.

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on CEZ AS
06/18CEZ : Data network support services
AQ
06/11CEZ : Property insurance services
AQ
06/07CEZ : Redundant Array of Independent Disk (RAID)
AQ
05/19CEZ : Data network support services
AQ
05/10CEZ AS : 1st quarter results
CO
05/10CEZ AS : Slide show Q1 results
CO
04/30CEZ : Information and promotion products
AQ
04/19CEZ : Outage of npp dukovany unit four ends this weekend
PU
04/11CEZ : Newly Introduced Inspection Measures Work Well at Dukovany NPP
PU
04/09Prague bourse counters declining trade by offering low-cost listing
RE
More news
News from SeekingAlpha
05/16CEZ GROUP : Q1 2018 Earnings Analysis 
2016CEZ : 9% Dividend Yield Worth Considering 
Financials ( CZK)
Sales 2018 204 B
EBIT 2018 23 157 M
Net income 2018 14 126 M
Debt 2018 144 B
Yield 2018 4,81%
P/E ratio 2018 21,61
P/E ratio 2019 20,62
EV / Sales 2018 2,16x
EV / Sales 2019 2,16x
Capitalization 298 B
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 11
Average target price 500  CZK
Spread / Average Target -9,3%
EPS Revisions
Managers
NameTitle
Daniel Beneš Chief Executive Officer
Václav Paces Chairman-Supervisory Board
Martin Novák Chief Operating & Financial Officer
Vladimír Hronek Vice Chairman-Supervisory Board
Zdenek Cerný Member-Supervisory Board
Sector and Competitors
1st jan.Capitalization (M$)
CEZ AS13 404
DUKE ENERGY CORP-11.66%52 085
IBERDROLA3.90%50 168
SOUTHERN COMPANY-7.61%44 946
DOMINION ENERGY-18.20%43 271
EXELON CORPORATION5.28%40 054