Prague coal-to-electricity energy storage products

What type of electricity storage is used in Czech Republic?

Batteries and thermal energy storage are the two most commonly used methods of electricity storage for households in the CzechRepublic. 2. What electricity storage projects are anticipated in your jurisdiction in coming years?

How has the energy crisis impacted the Czech Republic?

With coal dominating the energy mix, the Czech Republic has traditionally enjoyed low electricity prices and a steady supply of domestic fuel. However, the recent energy crisis, together with pressure from stakeholders and regulatory bodies to decarbonise, has triggered an unprecedented shift in the country’s energy market.

Is there a future for energy storage in the Czech Republic?

Despite the ongoing discussions, there is no significant development in the area of energy storage. In 2015, the Czech Government adopted the National Action Plan for Smart Grids (“NAPSG”) prepared by the Ministry of Industry and Trade under principles set out in the update of the State Energy Concept, which was also introduced in 2015.

Who owns the energy companies in the Czech Republic?

All of them are owned by CEZ Group, which is the largest energy group in the Czech Republic and controlled by the Czech government. In 2013, CEZ Group was considering constructing a new pumped hydro storage project; however, the project was postponed due to the low profitability of the investment.