Slovakia s industrial and commercial energy storage policy

How much energy does the Slovak industry consume?

Industry’s share of final energy consumption has long been between 32 % and 37 %. Of which the metallurgy, chemistry, petrochemicals and paper sector account for more than 50 % of the final energy consumption of the Slovak industry. The energy intensity of industry in 2019 was 0.19 ktoe per million euro of production.

Does Slovak have guaranteed energy services?

On this basis, a concept for the development of guaranteed energy services in the Slovak public administration was established. Subsequently, an adjustment to the legislative framework allowing the use of GES under Eurostat rules was prepared.

What is happening in Slovakia's energy security?

A Memorandum of Understanding between SE, a.s. and Framatome was signed in June 2023 and a nuclear fuel supply contract for Bohunice and Mochovce power plants was signed in July 2024, thereby taking an important step towards enhancing Slovakia’s energy security.

Why is Slovakia a member of the International Energy Agency?

Since 2007, Slovakia has been a member of the International Energy Agency, which is also engaged in research into low-carbon energy technologies with a view to achieving long-term global greenhouse gas emission reduction targets.

How does the Slovak Republic regulate electricity supply?

The Slovak Republic applies price regulation for the supply of electricity to vulnerable customers pursuant to Section 2(k) of Act No 250/2012 on regulation in network industries (‘the Regulation Act’). other groups of selected non-household electricity customers pursuant to Section 2(k)(5) and (8) of the Regulation Act.

How does Slovak legislation affect electricity prices?

The simplest form is the introduction of direct operating subsidies, which are also part of the Slovak legislation. Wholesale electricity prices are also negatively affected by the existence of capacity mechanisms in place or under preparation in some countries.