In Slovakia as of 2016, there are about 3,000 electricity producers from renewable energy sources and combined production of energy and heat. Energy Security is a pressing issue for Slovakia as it imports all its gas from Russia. Although gas infrastructure would allow for good diversification of sources and routes, Slovakia thereby remains one of the most vulnerable EU countries to possible gas disruptions. Slovakia’s priorities for its energy transition have so far been based on its goals of energy independence from Russia, and decreasing its emissions. But as a part of the EU, it should also be promoting the transition to renewable energy.
Slovakia has relatively big potential in RES. The diverse of Slovakia and its complex geological structure create opportunities for wide RES utilisation. 98 % of electricity currently generated from renewable sources comes from hydro electric generation, mostly contributed by the major hydro generation stations. It is estimated that 55 % of the hydro generation potential of Slovakia is in use, although only 25% of the potential of smaller hydro electric stations is exploited.
The current promotion incentive scheme fro renewable energy sources (RES) electricity is based upon the feed-in tariff principles. The feed-in tariff is paid by the local distributor to the RES-Electricity producers in the form of the off-take price and the supplement, regardless of whether the producer is connected to its distribution grid or not. The right to the off-take of the electricity generated at a price equal to the sum of the off-take price and the supple¬ment pertain to those installations whose capacity is up to 125 MW (or up to 200 MW of high efficiency cogeneration installations if the RES share in gross inputs is greater than thirty percent (30%), or the energetic share of the gases created as a side product in metallurgical processes).
The country’s main strategy to meet the growing need of power is to reduce the energy dependency by increasing the energy efficiency, increased use of renewable resources, nuclear sources, and connecting to the European power infrastructure.
- Snapshot of the country’s renewable power sector across parameters - country overview, current power and renewable power market status, electricity market structure, key issues, future plans and strategies to meet increasing power demand, and way forward.
- Statistics for cumulative and annual installed renewable power generation capacity of from 2012 to 2017.
- Statistics for cumulative and annual revenue of renewable power plants from 2012 to 2017.
- Break-up by power generation technology, including thermal, hydro, renewable and nuclear
- Data on key issues witnessed in the Slovakian renewable power sector.
- Information on future plans and strategies to meet increasing power demand.
- Identify opportunities and plan strategies by having a strong understanding of the investment opportunities in the country’s renewable power sector
- Facilitate decision-making based on strong historic and forecast data
- Develop strategies based on the latest regulatory events
- Position yourself to gain the maximum advantage of the industry’s growth potential
- Identify key partners and business development opportunities
1.1 Research Methodology
2 EXECUTIVE SUMMARY
3 SLOVAKIA RENEWABLE POWER MARKET IN 2017
3.1 Country Overview
3.2 Current Status of Renewable Power Market in Slovakia
3.3 Key Issues
3.4 Investment Trends and Development Roadmap to Meat Increasing Power Demand
3.5 Cumulative (CAGR) Installed Renewable Power Capacity and Revenue
3.6 Annual Installed Renewable Power Capacity and Revenue
3.7 Support Schemes
4 CONCLUSIONS AND RECOMMENDATIONS
5 LIST OF ABBREVIATIONS
Chart 1: Share of Renewable Power (Solar, Wind, Biomass, Hydro and Geothermal) from Total Installed Power Generation Capacity in Slovakia in 2016
Chart 2: Slovakia Total Annual Electricity Consumption (in TWh) 2000 ÷ 2016
Chart 3: Slovakia Power Generation Capacity Breakdown by Source (Fuel) Type in 2016 (incl. Renewables)
Chart 4: Structure of Electricity Power Market in Slovakia
Chart 5: Cumulative (CAGR) Installed Renewable Power Capacity (Solar, Wind, Biomass, Hydro and Geothermal) in Slovakia (in MW) 2012 ÷ 2017, including forecast
Chart 6: Cumulative (CAGR) Revenue of Renewable Power Plants (Solar, Wind, Biomass, Hydro and Geothermal) in Slovakia (in Millions USD) 2012 ÷ 2017, including forecast
Chart 7: Annual Installed Renewable Power Capacity (Solar, Wind, Biomass, Hydro and Geothermal) in Slovakia (in MW) 2012 ÷ 2017, including forecast
Chart 8: Annual Revenue of Renewable Power Plants (Solar, Wind, Biomass, Hydro and Geothermal) in Slovakia (in Millions USD) 2012 ÷ 2017, including forecast