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.

Why is energy security important in the Slovak Energy Strategy?

With high dependency on energy imports, energy security is one of the priority topics of the Slovak national energy strategies. This provides a good basis for further developing the energy security dimension in the final plan, with objectives and policies and measures clearly described.

What is the priority of the Slovak Republic in the energy sector?

The priority of the Slovak Republic in the energy sector is to ensure synergy between sub-policies, cost efficiency, enforcement of the principles of sovereignty in the energy mix, preservation of competitiveness and energy security.

Is biomass a viable energy source in Slovakia?

Biomass currently dominates electricity generation from renewables, followed by biogas, solar, and hydropower. Despite its high potential, wind energy remains largely untapped in Slovakia due to its perceived instability and regulatory hurdles.

Why is Slovakia selling its energy contracts to energy traders?

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.

Should SHPPs be integrated into Slovakia's energy mix?

The integration of SHPPs into Slovakia’s energy mix could be a strategic move towards enhancing the country’s energy landscape, offering a sustainable and efficient method to increase renewable energy production while contributing to local development and environmental conservation.