What is the technical potential of solar energy in Slovakia?

The solar radiation flux achieves a maximum of 1,100 kWh/m2. The technical potential of solar energy has been estimated at 5,200 GWh annually, which is about 20 % of the total technical potential of renewable power sources in Slovakia. There is growing demand for supply of photovoltaic power plants and solar panels for installations on roofs.

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.

Who consumes electricity in Slovakia?

Electricity is mainly consumed by industry (41%), followed by services (26%) and the residential sector (25%) (2023). SIEA, the Slovak Innovation and Energy Agency, oversees the implementation of programmes on renewables.

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.

Why is wind energy untapped in Slovakia?

Despite its high potential, wind energy remains largely untapped in Slovakia due to its perceived instability and regulatory hurdles. Since 2009, the construction of wind power plants has almost complitely halted, with two small wind parks existing in Cerová and Myjava.

Is the Slovak market a good investment?

The Slovak market provides good opportunities for U.S. companies to supply equipment and technology for production of electricity and heat. The Slovak market for electric power generation is small compared to that of other European countries. The total installed capacity with all power sources was 7,728 MW in 2019.