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26.02.2010 | 11:22
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CEZ 2011 power pre-sold for average 54 euros/MWH

PRAGUE, Feb 26 (Reuters) - Czech utility CEZ has so far sold its forward power contracts for 2011 at an average price of 54 euros per megawatt hour, CEZ's Sales and Trading chief Alan Svoboda said on Friday.

Svoboda told a news conference to discuss the company's full-year results that the utility has pre-sold 53 percent of its 2011 electricity.

The company had pre-sold its power for 2010 at 53 euros per megawatt hour.

(Reporting by Jason Hovet, Writing by Michael Kahn, Editing by Jan Lopatka)

((michael.kahn@thomsonreuters.com; +420 224 190 443; Reuters Messaging: michael.kahn.reuters.com@reuters.net)

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Keywords: CEZ CONTRACTS/

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Link: http://www.finanznachrichten.de/nachrichten-2010-02/16242143-cez-2011-power-pre-sold-for-average-54-euros-mwh-020.htm