Slovakia may face electricity shortages
Slovakia may face electricity shortages in the medium term due to the slow build-up of renewables, high consumption of the new Volvo car plant in Košice, a possible change of technology to electric furnaces at U.S. Steel Košice, and the growing number of electric cars and heat pumps, warn the Sapi renewable energy association and the Value for Money unit. Even at full capacity of units 3 and 4 at the Mochovce nuclear power plant, Slovak power consumption may be 2 TWh higher annually than production. However, the pace of building photovoltaic and wind power plants is very slow and Slovakia will probably have only half of the 6,090 MW installed capacity in 2030, which is our commitment to meet the EU's climate targets. Investors are ready, but the permitting process is very slow.
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