“We estimate wind power output will be triple compared with last year,” said Leon Vrska, Chief Financial Officer at CEZ Romania.
In 2010, the company reported total wind power production of 0.3 TWh.
CEZ is developing a 600 MW windfarm project in Fantanele and Cogealac localities, southeastern region of Dobrogea. When completed, it will have 240 turbines and will be Europe’s largest onshore windfarm.
By end-2010, the company had connected 120 wind turbines to the national power grid.
CEZ reported net profit of 154 million lei (EUR36.4 million) in 2010, slightly down on the year, due to lower financial income and increased costs with its windfarm project.
The company’s operating profit stood at RON376 million.
Besides the windfarms, CEZ owns electricity distribution and supply operations in Romania.