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Czech Ministry Opposes Nuclear Cost Guarantees, Hospodarske Says

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Aug. 22 (Bloomberg) -- The Czech Finance Ministry is against a plan that would make the government guarantee prices of electricity produced by nuclear power stations, Hospodarske Noviny reported, citing a ministry document.

The Ministry of Industry and Trade proposed in its long-term energy strategy that the state provide the guarantees before the construction of new units at the Temelin nuclear power plant, the newspaper said.

To contact the reporter on this story: Peter Laca in Prague at placa@bloomberg.net

To contact the editor responsible for this story: Balazs Penz at bpenz@bloomberg.net

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