Slovakia Renewable Energy Policy Handbook, 2022 Update
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Slovakia aims to reduce GHG emissions by 20% by 2030. The Slovakia renewable energy market report offers comprehensive information on major policies governing the renewable energy market in the country. The report also discusses renewable energy targets and plans along with the present policy framework, giving a fair idea of the overall growth potential of the renewable energy industry. Moreover, the report provides major technology-specific policies and incentives provided in the country.
What are the market dynamics in the Slovakia renewable energy market?
The Energy Act is the primary energy act in Slovakia. It sets conditions for business in the energy sector as well as gives market access, rights, and obligations of participants in the energy market. The Act also directs state supervision and inspection of the business activities in the energy sector. The Act on Support of Renewable Energy Sources (RES) and High-Efficiency Combined Heat and Power (CHP) was introduced as the main instrument to support renewable electricity generation in the country. Under the Act, hydrogen was recognized as a renewable energy source alongside wind, solar, biofuels, and biomass.
The Slovak Government approved an Energy Policy – Energetická Politika (EP SR) that sets targets and priorities for the energy sector to 2035 with an outlook to 2050. The key objective of EP SR is to achieve a competitive low carbon energy industry sector and ensure a secure and efficient supply of all forms of energy at affordable prices while also protecting consumers. As per the EU’s directive, the Slovak Government drafted the National Energy and Climate Plan (NECP) 2021-2030 in accordance with the existing goals under EP SR.
What are the major policies and incentives in the Slovakia renewable energy market?
The major policies in the renewable energy market in Slovakia are Slovak Energy Policy – Energetická politika (EP SR), National Energy and Climate Plan (NECP), National Recovery and Resilience Plan, Enviro-strategy 2030 (Envirostrategy–Greener Slovakia), Act No. 251/2012 on energy and amendments to certain acts, Act No. 250/2012 on Regulatory Office for Network Industries (RONI), and Act No. 309/2009 on Support of Renewable Energy Sources (RES) and High-Efficiency Combined Heat and Power (CHP).
Slovak Energy Policy – Energetická politika (EP SR)
The EP SR of the Slovak Republic was prepared by the MoE for a long-term basis. It establishes different targets for energy production, including renewable energy sources, increasing energy efficiency, attaining energy security, and improving power distribution networks. The main priority of the policy is to use renewable energy sources electricity and heat production.
National Energy and Climate Plan (NECP)
As per the EU mandate, the Slovak government submitted its NECP in December 2019. It was drafted in alignment with the existing Slovak Energy Policy.
National Recovery and Resilience Plan
In June 2021, the Slovakia government introduced the National Recovery and Resilience Plan post the pandemic. Among the objectives of the Slovakia National Recovery and Resilience Plan, Slovakia aims to develop low-carbon technologies and to settle more sustainable and resilient electricity and transport sectors.
Enviro-strategy 2030 (Envirostrategy–Greener Slovakia)
Slovak Climate Policy was prepared by MoE in September 2018 owing to many environmental challenges faced by the country such as air quality, low rate of waste recycling coupled with protection of the ecosystem. The Envirostrategy–Greener Slovakia describes the vision until 2030 considering potential and necessary future development. The strategy suggests a possible framework for improving the current situation and contains the basic result indicators.
Act No. 251/2012 on Energy and amendments to certain acts
This Act outlines the conditions for business in the energy sector, market access, rights, and obligations of participants in the energy market and provides measures for market function and security of power and gas supply.
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Market report scope
Major policies | Slovak Energy Policy – Energetická politika (EP SR), National Energy and Climate Plan (NECP), National Recovery and Resilience Plan, Enviro-strategy 2030 (Envirostrategy–Greener Slovakia), Act No. 251/2012 on energy and amendments to certain acts, Act No. 250/2012 on Regulatory Office for Network Industries (RONI), and Act No. 309/2009 on Support of Renewable Energy Sources (RES) and High-Efficiency Combined Heat and Power (CHP) |
Scope
- The report covers policy measures and incentives used by Slovakia to promote renewable energy.
- The report details promotional measures in Slovakia both for the overall renewable energy industry and for specific renewable energy technologies that have potential in the country.
Reasons to Buy
- Develop business strategies with the help of specific insights about policy decisions being taken for different renewable energy sources.
- Identify opportunities and challenges in exploiting various renewable technologies.
- Compare the level of support provided to different renewable energy technologies in the country.
- Be ahead of the competition by keeping yourself abreast of all the latest policy changes.
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Frequently asked questions
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What are the major policies and incentives in the Slovakia renewable energy market?
The major policies in the renewable energy market in Slovakia are Slovak Energy Policy – Energetická politika (EP SR), National Energy and Climate Plan (NECP), National Recovery and Resilience Plan, Enviro-strategy 2030 (Envirostrategy–Greener Slovakia), Act No. 251/2012 on energy and amendments to certain acts, Act No. 250/2012 on Regulatory Office for Network Industries (RONI), and Act No. 309/2009 on Support of Renewable Energy Sources (RES) and High-Efficiency Combined Heat and Power (CHP).
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