
The deadline for submitting bids is April 30, 2020. Successful bidders will receive feed-in premium payments on top of the wholesale electricity price under 15-year power purchase agreements. On February 4th 2020, the Slovak Economy Ministry launched the first auction soliciting bids for new producers of renewable energy (RES). In 2018, Slovakia adopted a new clean energy and co-generation support scheme – introduced by an amendment to the Act on Support of Renewable Energy Sources and High Efficiency Combined Heat and Power (Act No. export opportunities to supply renewable energy power plants. The technical potential of solar energy has been estimated at 5,200 GWH annually, which is about 12.5 % of the total technical potential of renewable power sources in Slovakia. The solar radiation flux achieves a maximum of 1,100 kWh per m2, so that for half of the year it

The Slovak Republic is situated between 48 and 50 degrees north latitude. There is good opportunity to build more small hydropower plants. There are 25 large hydropower plants already built with an installedĬapacity of 2,446 MW. The technical potential for large hydropower plants is 7,600 GWh, of which 62% of is currently used. Geothermal waters in Slovakia are being used at 64 locations (with a heating capacity of 280 MW) but more need to be built to heat networks, swimming pools, greenhouses and residences. Geothermal potential in Slovakia is approximately 6,300 GWh per year, but currently only 145 GWh are being used, which is only 2.6% of the total potential. Biomass is also a potential source for the generation of biofuels.

Another possibility for the use of biomass is the production of biogas.

In the case of larger installations, a sufficient supply of biomass material is the most important factor. A relatively fast solution for increasing the use of biomass is in co-combustion with fossil fuels in thermal power plants and combined electricity-and-heat generation. Biomass has good prospects in energy production for heating, mainly in the form of wood chips and hay (for central heating systems) and wood pellets and briquettes (for households). Economic Development Organizations (EDO)īiomass has the largest technical potential 11,200 GWh per year, which is approximately 40 % of the total domestic production of energy in Slovakia.Foreign Direct Investment Attraction Events.Facing a Foreign Trade AD/CVD or Safeguard Investigation?.
