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Dlouhé stráně Hydro Power Plant ( Czech: Přečerpávací vodní elektrárna Dlouhé stráně) is a large pumped storage plant in the Czech Republic, located on the Desná river. It has 2 turbines with a nominal power of 325 megawatts (436,000 hp) each, [1] providing a total capacity of 650 megawatts (870,000 hp). The elevated reservoir is ...
In 2012, Czech government increased VAT. Basic VAT was increased from 20% in 2012 to 21% in 2013 and reduced VAT increased from 14% to 15% in 2013. Small enterprises sales decreased by 21% from 2012 to 2013 as result of increasing VAT. [48] Patria.cz predicting sales stagnation and mild increase in 2013. Another problem is foreign trade.
The Czech tax system consists of direct and indirect taxes. Direct taxes include income tax (both corporate and personal), road tax, real estate and real estate transfer tax, inheritance tax and gift tax. In between indirect taxes belong value added tax (VAT), duties, ecotaxes and excise taxes. [3] Tax revenues come roughly equally from ...
The updated energy strategy of 2019 envisions a gradual phase out of coal power share in total electricity generation from 2015's 46.2% down to 15.5% by 2040. The strategy sees nuclear energy as a non-carbon source of energy to be used during a slow transition to renewables in order to minimize the use of carbon-emitting fossil fuels that cause ...
Three energy companies including U.S. Westinghouse, France’s EdF and Korea’s KHNP, have submitted their final bids to build the Czech Republic’s newest reactor at the Dukovany nuclear power ...
Energetický a průmyslový holding, a.s. (EPH) is a Czech Republic based company currently investing mainly in the energy sector in Europe, founded in 2009. [2] The group's business lines covers the complete value chain ranging from highly efficient cogeneration, power generation, and natural gas transmission, gas storage, gas and electricity distribution and supply. [2]
Oil and gas. Oil and gas deposits in the Czech Republic are in Moravia . Crude oil from Russia comes through the Druzhba pipeline via Ukraine. The Ingolstadt–Kralupy–Litvínov pipeline can bring crude oil from Germany and be connected to the Transalpine Pipeline . The Country has two refineries, owned by Česká rafinérská.
ČEZ Group ( Czech: 'Skupina ČEZ'Č eské E nergetické Z ávody) is a conglomerate of 96 companies (including the parent company ČEZ, a.s. ), 72 of them in the Czech Republic. Its core business is the generation, distribution, trade in, and sales of electricity and heat, trade in and sales of natural gas, and coal extraction.