Slovakia
With a power score of 1.46, Slovakia ranks number 29 among developed markets and number 111 in the global power ranking.
- Developed markets
- Europe
1.46 / 5
Power score
-20 places
Global power rank change
Overview
Slovakia has a power score of 1.46, which puts it at rank 111 in the global power ranking, and rank 29 in the developed markets power ranking. In comparison to 2021, Slovakia has deteriorated in the power rankings by -39 places, from rank 72, to rank 111.
At 1.46, the power score of Slovakia is lower than the regional average of 2.18 in the Europe region.
Regional power score comparison
Power
Power policy
Slovakia implements policies in 1/6 power policy categories tracked by Climatescope, including Renewable energy target, Renewable energy auction, Feed-in Tariff, Net Metering, Import tax incentives, VAT incentives.
Power policies
Power prices and costs
The average electricity price in Slovakia has increased from 193.32 USD/MWh in 2021 to 266.53 USD/MWh in 2022. Since 2017, the average electricity price in Slovakia has fluctuated between 153.27 USD/MWh (2017) and 266.53 USD/MWh (2022).
Power market
The top amount of capacity installed in Slovakia in 2022 was in Nuclear at 25.66%, down from 25.69% in 2021. The technology with the biggest increase in capacity installed in 2022 was Solar PV at 7.49%, up from 7.38 in 2021.
Installed capacity (in MW)
Electricity generation (in GWh)
The largest electricity generating technology in Slovakia in 2022 was Nuclear, generating some 53.59% of electricity, up from 52.05% in 2021.
Utility privatisation
Which segments of the power sector are open to private participation?
Type
Question
Availability
Wholesale power market
Does the country have a wholesale power market?
Doing business and barriers
Type
Question
Availability
Currency of PPAs
Are other PPAs (eg. corporate PPAs) signed in or indexed to U.S. Dollars or Euro?
Type
Question
Availability
Bilateral power contracts
Can a C&I (Commercial and Industrial) customer sign a long-term contract (PPA) for clean energy?
Type
Question
Availability
Fossil fuel price distortions - Subsidies
Does the government keep the wholesale price of electricity from fossil fuels artificially low through subsidies?
Type
Question
Availability
Fossil fuel price distortions - Taxes and carbon prices
Does the government significantly increase the wholesale price of electricity from fossil fuel through targeted taxes and/or carbon prices?
Transport
Transport policy
Slovakia implements policies in 3/9 transport policy categories tracked by Climatescope, including Clean transport target, National ICE phase-out, EV purchase grant/loan incentive, EV VAT reduction/exemption, EV import tax reduction/exemption, EV income tax reduction/exemption, EV recurring tax reduction/exemption, EV charging infrastructure target, E-bus target.
Transport policies
Type
Question
Availability
Fuel economy standards
Does the country have a fuel economy standard in place?
