Czech power producer CEZ has dropped plans to build a 400 MW gas-fired power plant in Galati, Eastern Romania, on the site of the currently existing CET Galati. The decision was taken after a feasibility plan conducted by the company over the past two years has shown that the project would not be feasible due to high costs.
In 2008, CEZ has signed a memorandum with local Termoelectrica SA for a venture to expand and upgrade the Electrocentrale Galati power plant. The company is currently building a wind park in Dobrogea made of 240 wind turbines, the first of which has become operational earlier last month. CEZ is also locally involved in EnergoNuclear, a Romanian venture to build and operate two nuclear reactors at Cernavoda.