What are Slovak Republic's energy policies?

Slovak Republic’s recent energy policies have made significant progress. Along with its neighbours and with support from the European Union, the country has strengthened cross-border connections for electricity, natural gas and oil, improving its ene

Does Slovakia have electricity interconnection capacity?

Slovakia has significant electricity interconnection capacity compared to its electricity generation capacity. The planned increase of new nuclear capacity is accompanied by new connections, e.g. with Hungary, aimed at reducing congestion. The interconnection level is projected to be at 52% in 2030. The

What is the Slovak energy policy agenda?

The key objectives of the Slovak energy policy agenda are: increasing efficiency in the power and end‐use sectors, reducing energy intensity, reducing dependence on energy imports, expanding the use of nuclear power, increasing the share of renewables in the heat and electricity sectors, and supporting the use of alternative fuels for transport.

How long will a gas storage facility last in Slovakia?

Its construction should last about one year. The current underground gas storage capacity in Slovakia is about 3 billion cubic metres. The existing facilities are operated by companies Nafta and Pozagas. Another locality suitable for construction of a gas storage facility is in Ptrukša in eastern Slovakia.

What is Slovakia's national energy and Climate Plan?

Slovakia’s National Energy and Climate Plan sets an ambitious target of achieving a 19.2% share of renewable energies in gross final energy consumption by 2030.

What happened to Slovakia's energy supply?

Although Slovakia is a significant producer of nuclear and hydroelectric energy, its biggest energy provider made a costly decision to sell off its excess power to energy traders early in the year. These traders are now selling the contracts back to Slovakia at market prices that are about five times higher.