The updated plan sets ambitious targets, including increasing the share of renewable energy from the current 18% to over 30% and phasing out coal by 2033. The total investments required to implement these measures by 2030 are estimated at CZK 2.8 trillion.

The government finalized the plan after months of delays stemming from concerns over its economic impact. Compared to the initial summer draft, the updated strategy emphasizes renewable energy and nuclear power as the foundation of future electricity generation, with an expanded role for gas sources. The coal phase-out by 2033 remains a key commitment, although energy companies predict an earlier transition due to the rising costs of emission allowances. The plan also highlights the importance of developing a replacement strategy to maintain energy stability after coal is phased out.

Environment Minister Petr Hladik stressed the economic benefits of the plan, projecting a 2% boost in GDP. He also emphasiezed its contribution to energy security, aiming to reduce the Czech Republic's dependence on foreign energy imports from the current 40% to approximately 26% by 2050.

Source: CTK

Prepared by the team of foreign offices CzechTrade Osaka and Tokyo