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EU may offer Hungary, Slovakia exemptions from Russian oil embargo

The European Commission may spare Hungary and Slovakia from an embargo on buying Russian oil, now under preparation, wary of the two countries' dependence on Russian crude, two EU officials said on Monday.

read more... 03/05/2022

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Slovakia receives counterproposal to nuclear energy tax from utility SE

Slovakia's dominant utility has submitted a counterproposal to plans for a tax on "excess profit" on nuclear power output due to be discussed in Parliament this week, the Economy Ministry said on Monday.

read more... 15/02/2022

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Gas groups sign blue hydrogen MOU in Slovakia

Gas infrastructure companies EP Infrastructure (EPIF), Eustream and Nafta have partnered with RWE Supply and Trading on a low-carbon hydrogen development in Slovakia, the companies said Sept. 24.

read more... 27/09/2021

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New nuclear reactor will make Slovakia a power exporter

Slovakia's new Mochovce 3 reactor is slated to start up and generate electricity this year with unit 4 following in 2023, according to an energy security report released by the Ministry of Economy. Once it starts up, Mochovce 3 will immediately tip Slovakia's energy balance back to an export footing.

read more... 18/08/2021

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how geothermal could help eastern EU countries ditch fossil fuels

Countries like Hungary, Slovakia, Austria, Romania and Croatia sit over the Pannonian basin, which has huge potential for geothermal energy and is over 10°C per kilometre hotter than the European average, making them a prime location for geothermal deployment.

read more... 24/02/2021

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