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Gov’t considers guaranteeing electricity prices to pay for Temelín expansion

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Th state-controlled energy giant ČEZ is looking at bids in one of the biggest investment projects in Czech history – the construction of two new blocks at the Temelín nuclear power plant. However, dropping electricity prices have raised questions over the project’s long-term profitability. To ensure the 300- or-so-billion-crowns investment pays back, the Czech government is now considering introducing fixed electricity prices.

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