What is a major investment in a photovoltaic power plant in Slovakia?

A major investment, currently in the permitting process, consists of the construction of the largest battery storage facility in Slovakia and a photovoltaic power plant with a planned capacity of 30 MW. The plant is expected to have 54,000 double-sided photovoltaic panels.

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.

How much money will the Slovak energy sector bring?

The Slovak energy sector is expected to receive approximately EUR 140 million from the Renewal and Resilience Plan. The Ministry of the Economy of the Slovak Republic intends to publish five calls that should bring nearly EUR 140 million to the sector, with two of these calls expected to be published this summer.

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.

How will the Slovak climate Act affect the renewable sector?

The Slovak Climate Act will have a positive impact on the renewable sector as it aligns the legislative framework of the Slovak Republic with that of the European Union, bringing Slovakia closer to achieving its climate goals and contributing to climate neutrality in Europe.

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.