Slovakia energy report

• By 2030, Slovakia aims to reach 19% of renewables in final energy consumption and 48 TWh of final energy savings.
• Historical companies still dominate the power and gas markets: 64% of power generation for SE and half of gas sales to end customers for SPP.
• Slovnaft operates the sole refinery.
• Nuclear dominates the power mix with more than half of power generation.
• Most of the oil and gas supplies are imported from Russia.
• Energy prices are slightly lower than the EU average.
• Electricity and gas prices for households have dropped significantly since 2013.
• Primary energy intensity to the GDP halved between 2000 and 2019.
• Gas consumption rose by 8% in 2019, as consumption from the power sector surged by 85%.
• Two nuclear units will be commissioned at the end of 2020 and 2021 and will account for the bulk of new capacity additions.
• Slovakia is strengthening its gas interconnections in Central Europe and is planning a major gas pipeline to Bulgaria.

• Institutions & Energy Policy

  Energy issues are the responsibility of the Ministry of Economy, through its Energy Section.

  The Office for Regulation ofNetwork Industries (URSO) regulates the electricity and gas sector. The Ministry of Economy may reject the decisions taken by the regulator regarding energy prices but is obliged to publish its objections.

• Energy Supply

  Resources:

  Slovakia's hydrocarbons reserves are limited (4.3 bcm of gas and 1.5 Mt of crude oil at the end of 2019). It has significant reserves of lignite (135 Mt). The country's hydropower potential is estimated at 10 TWh/year.

• Energy Prices

  Gas:

  Gas prices have followed divergent trends since 2017, increasing by 4.7%/year for households and declining by 2.9%/year for industry. Gas prices soared between 2000 and 2012 (+10%/year for industry and +12%/year for households) before declining until 2017 (-6.8%/year for industry and -3.3%/year for households).

• Energy Consumption

  At 3.1 toe, total energy consumption per capita is in line with the EU average; power consumption per capita is 10% lower (5 000 kWh) (2019).

  Total energy consumption declined by 3.2% in 2019 to less than 17 Mtoe. It fell between 2002 and 2014 (-1.3%/year), then recovered until 2017 (+2.9%/year until 2017) before stabilising in 2018.

• Issues & Prospects

  Oil:

  Transpetrol's projects to expand its crude oil pipeline network have made no progress. The Druzhba-Adria Pipeline Integration Project (extension of the Druzhba oil pipeline to Hungary and Croatia) remains in limbo.

• GENERAL OVERVIEW
• INSTITUTIONS AND ENERGY POLICY
• ENERGY SUPPLY
• ENERGY PRICES
• ENERGY CONSUMPTION
• ISSUES AND PROSPECTS
• DATA TABLES
• ABBREVIATIONS
• GLOSSARY

Download the Table of Contents

Below is a list of the Slovakia energy market report graphs:

• GRAPH 1: CO₂-energy emissions (MtCO₂)
• GRAPH 2: Installed electric capacity by source (2019, %)
• GRAPH 3: Gross power production by source (TWh)
• GRAPH 4: Power generation by source (2019, %)
• GRAPH 5: Gasoline & diesel prices (€/l)
• GRAPH 6: Electricity prices for industry and households (€c/kWh)
• GRAPH 7: Gas prices for industry and households (€c/kWh GCV)
• GRAPH 8: Consumption trends by energy source (Mtoe)
• GRAPH 9: Total consumption market share by energy (2019, %)
• GRAPH 10: Final consumption market share by sector (2019, %)
• GRAPH 11: Oil consumption (Mt)
• GRAPH 12: Oil consumption breakdown by sector (2019, %)
• GRAPH 13: Electricity consumption (TWh)
• GRAPH 14: Electricity consumption breakdown by sector (9%)
• GRAPH 15: Natural gas consumption (bcm)
• GRAPH 16: Gas consumption breakdown by sector (2019, %)
• GRAPH 17: Coal consumption (Mt)
• GRAPH 18: Coal consumption breakdown by sector (2019, %)

In the Slovakia energy market report you will find the following tables:

• Economic Indicators: Annual historical data including population, GDP growth, imports and exports, inflation rate, energy security and efficiency indicators, CO₂ emissions.
• Supply Indicators: Historical data including oil and gas reserves, electric and refining capacity, energy production, power production and external trade. All are detailed by energy source.
• Demand Indicators: Historical data including consumption per inhabitant, consumption trends, total consumption by energy source, final consumption by energy source and sector, and electricity consumption by sector.
• Energy Balances: Single table displaying the overall energy industry balance per annum, also graphically displayed by energy sub-segment.
• Infrastructure Projects: Covers power plant projects by energy, technology, status and operator.

The Slovakia country dashboards are complemented with country forecasts from EnerFuture (excel file) with scenario comparison.

Data included in the excelsheet:

• Demand: Primary energy consumption, final energy consumption, by fuel, by sector.
• Power: Electricity generation & capacities, by technology.
• CO₂: Total CO₂ emissions.
• Macro-economy: Main macro-economic assumptions.
• Key indicators: Energy intensity, share of renewables, CO₂ emissions per capita and per unit of GDP.