ČEZ investing CZK 23bn into digital technologies

Published: 10.06.2021 Related countries:  Thailand Thailand

This year group ČEZ is investing CZK 13.5bn in the construction, reconstruction and digitization of networks.

Compared to 2020, this is an increase of CZK 1bn, and between 2020 and 2025 it should be an investment of CZK 83bn. Over CZK 23bn will go to digitization. Funds are also required for modifications to the distribution network for the connection of renewable sources. ČEZ continues to develop optical infrastructure with the aim of supporting decentralized energy. The intention is to build 6,800 km of optical networks in the ČEZ distribution area by 2025 and another 4,200 km by 2030.

Source: Czech AM News