Electricity in Slovakia in 2024

Slovakia stands out as a remarkable example of clean energy leadership in Europe, with more than 86% of its electricity sourced from low-carbon energy technologies. Nuclear power leads the charge, making up more than three-fifths of the total electricity generation, while hydropower contributes to roughly one-fifth. Fossil fuels hold a minor share in Slovakia's energy mix, predominantly gas, which accounts for about 8% of the total. This impressive reliance on low-carbon sources not only places Slovakia in a leading position but also serves its neighbors; the country is a significant net exporter of electricity, thereby aiding in emission reductions across the region. As Slovakia looks toward the future, the next great endeavor lies in electrifying other sectors such as transport, heating, and industry, which will demand an expansion of the existing clean electricity infrastructure.

Suggestions

To elevate its low-carbon electricity generation, Slovakia can strategically expand its existing nuclear facilities, given their substantial contribution to the clean energy mix. Investing in new nuclear reactors can significantly bolster electricity availability, thus supporting the transition of carbon-intensive sectors towards electricity-based solutions. Additionally, Slovakia could enhance its support of solar initiatives given the complementary role solar power plays in diversifying clean energy sources. Boosting wind power should also be considered, although it's not currently a major contributor, as it complements both solar and nuclear in its production cycle and potential during times when other sources may be less productive. Expansion of these clean technologies will further ensure energy security while drastically reducing emissions.

History

Looking back, Slovakia’s journey toward low-carbon electricity has had its ups and downs. In the mid-1980s, notable growth saw nuclear power increase by 2.3 TWh, a trend which continued into the mid-1990s with further expansions in nuclear and hydroelectric power. However, the late 1990s and early 2000s witnessed some setbacks, particularly in the nuclear segment, with declines in output for several years, reaching a significant drop of 2.7 TWh in 2007. Despite these interruptions, nuclear generation experienced a noteworthy resurgence with a notable increase in 2023 by 2.4 TWh, signalling a renewed commitment to this sustainable path. Hydro power has also seen fluctuations; a difficult year in 2011 was followed by more positive developments, including a 1.4 TWh increase in 2024. These historical shifts underscore Slovakia’s progress and resilience in advancing its journey towards a sustainable and clean energy future.

Electricity Imports and Exports

Balance of Trade

Maximum Imports

Data Sources