ČEPS to invest CZK 8.4 billion a year in the Czech grid over the next decade, with renewables also in focus

oEnergetice.cz, ČTK
oEnergetice.cz, ČTK
15 October 2023, 08:09
ČEPS to invest CZK 8.4 billion a year in the Czech grid over the next decade, with renewables also in focus

State-owned transmission system operator ČEPS has planned investments of around CZK 8.4 billion a year over the current decade. The company has earmarked a similar amount for this year, with the money going mainly towards modernising lines and substations. Investments will also focus on strengthening the grid in response to the expected expansion of renewable energy sources. ČEPS spokesperson Lukáš Hrabal told the Czech News Agency (ČTK) in response to a question. ČEPS is marking the 25th anniversary of its establishment these days.

This year, ČEPS is continuing investments focused mainly on modernising substations and transmission lines, according to the spokesperson. „Planned investments will amount to approximately CZK 8.3 billion,“ Hrabal said.

The most costly project this year is the construction of a double-circuit line in the Vernéřov/Hradec u Kadaně – Vítkov area. It is expected to be commissioned in June next year, with the company also planning to paint the pylons in 2025. The project investment is expected to amount to CZK 4.3 billion. This year, ČEPS is also preparing a new double-circuit line between Prosenice and Nošovice, costing CZK 2.9 billion. Other major investments are primarily modernisation projects, including the line from Řeporyje to Mírovka and the longest line in Czechia, between Hradec u Kadaně and Mírovka. ČEPS also plans to spend billions of crowns on refurbishing and expanding some substations. The multi-year refurbishment at Kočín is due to be completed this year, followed by the one at Prosenice next year.

Translation disclaimer

This article is a machine translation of the Czech original and has not yet been fully reviewed. In case of any doubt, please refer to the Czech version.

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