By Ladka Bauerova - Apr 20, 2011 10:36 PM GMT+1200Wed Apr 20 10:36:13 GMT 2011.......... CEZ Benefits
"The transmission capacities on the Czech-German border are very high, hypothetically allowing the Czech Republic to export over 20 terawatt-hours of electricity," or about 25 percent of its total output, said Jan Tomanik, an analyst at Wood & Co. brokerage in Prague who advises clients to buy CEZ shares. "It allows CEZ to fully benefit from the upward move in the German power prices."
CEZ shares gained as much as 1.1 percent and were up 0.2 percent to 880 koruna at 12:33 p.m. in Prague.
The Czech Republic currently exports one quarter of its electricity, the biggest percentage in the European Union, which also makes it the EU's third-biggest exporter in absolute terms, according to the International Energy Agency.
The government "would have to be a bunch of fools" to put a lid on the Temelin project, Prime Minister Petr Necas said in the aftermath of the Fukushima disaster.
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