Following the publication of ČEZ’s results for Q2, 2011, by the Reuters news agency and later Bloomberg, the state-controlled power company published its provisional results later on Monday, after having announced the results would be published on Tuesday morning before the opening of the markets. The company posted a net profit of Kč 6.74 billion, down 39.5 percent on Kč 11.19 billion in Q2, 2011, and well short of the Kč 8.53 billion expected by the market.

RWE Czech Republic announced on Wednesday that due to Germany’s resolution to phase out nuclear power, EU unbundling legislation, and challenging economic conditions, the energy giant would sell off more assets than previously planned — including subsidiary Net4Gas, which owns and operates the Czech gas pipeline network. An RWE Group spokesman, however, said the sale was only being considered.

Czech billionaire Petr Kellner’s energy holding EPH is still relatively small, but that could all change within a couple of months. His joint venture with Daniel Křetínský and the J&T Group is planning its largest acquisition yet: The firm wants to buy Slovak Gas Holding which holds a 49 percent stake and managerial control of the Slovak gas monopoly SPP. The deal should be completed in the spring of 2012. The question remains as to why EPH wants the Slovak gas company.

New head of the Czech Energy Regulation Authority (ERÚ) Alena Vitásková has said in her first interview in the job that two-decade old coal mining limits should be dropped. She has also come out in favor of strict rules for the many biogas and biomass power plants in preparation to prevent another costly boom along the lines of the Czech solar surge.