Energy

News on Slovakia's energy sector

Cameco Corporation, with its head office in Saskatoon, Saskatchewan is the world's largest uranium producer.

Slovenské elektrárne signs long-term uranium deal with Canada’s Cameco

Agreement secures uranium and conversion services for Slovakia’s nuclear plants until 2036, strengthening the country’s energy security.

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EU rules out funding for Slovakia’s energy scheme

Government critics warn that shifting EU projects to cover costs could widen the budget deficit and drain funds from regional development.

Prime Minister Robert Fico met Russian President Vladimir Putin in Beijing, during celebrations in early September 2025 to mark the end of World War II in Asia.

Why do Slovaks pay so much more than Czechs for gas?

Former economy minister, now Demokrati’s energy expert, speaks of a major gas “robbery”.

Slovak households to get aid to pay their utilities also in 2026.

Slovak households to receive energy aid also in 2026

Opposition call it an “energy bribe”, compensating households for fiscal consolidation costs.

Economy Minister Denisa Saková (Hlas) holds a chart showing that ministries and state institutions still lack interconnected registers – a gap she says prevents energy subsidies being targeted only at those most in need. The photo was taken in December 2024.

Slovakia unveils new energy aid law – but critics fear ‘giant data hub’

Government says nine in ten households will benefit, with the €500m scheme largely financed from unspent EU funds.

Ukraine's President Volodymyr Zelensky and Finland's President Alexander Stubb arrive for a joint press conference in Kyiv, Ukraine, on 11 September 2025.

Slovakia in the firing line over Russian energy ties

Donald Trump and Finland’s Alexander Stubb accuse Slovakia and Hungary of undermining efforts to cut off Moscow’s war funds.

Rosatom Director General Alexey Likhachev met with Hungarian Foreign Minister Péter Szijjártó at the site of the future Paks II nuclear power plant units.

Fico risks US pact with call for Russian role in new nuclear plant

The prime minister unsettled Washington by suggesting Russian firms could join a multibillion-euro project, complicating a pending deal with Westinghouse.

The launch of the third unit at the Mochovce nuclear power plant has boosted the financial performance of Slovenské Elektrárne.

Who are the most important business players in Slovakia?

It is particularly energy and automotive sectors that drive Slovakia’s economy, the Forbes’ exclusive ranking shows.

Vojtech Ferencz

Slovakia’s gas chief resigns after two years marked by pro-Russian stance

Vojtech Ferencz warns on Russian television that Slovakia’s gas utility could go bankrupt.

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Slovakia to freeze energy prices for most households despite EU push for targeted aid

Robert Fico’s government plans to subsidise gas and heating for 90 percent of homes through 2026.

PM Robert Fico in Brussels
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Fico accuses West of prolonging Ukraine war as nuclear project sparks criticism

Prime minister pushes Kremlin‑aligned claims once again.

Austrian renewable energy company Enery is pushing ahead with major new solar investments in Slovakia.

While others pull out, one energy firm is betting big on Slovakia’s sun

Enery plans €60m investment in two large-scale photovoltaic parks.

Fire in Spišský Štiavnik, eastern Slovakia

News digest: 150 left homeless after fire in eastern Slovakia

Fico eyes a visit to the White House, Hancko’s high-profile transfer collapses, and the Niké liga kicks off – time to get your football props ready.

Prime Minister Robert Fico (Smer) during the 21st anniversary celebration of the Day of Sovereignty of the Slovak Republic on Saturday, 12 July 2025, in Stará Bystrica.

Fico becomes Europe’s nightmare

After weeks of blocking EU sanctions, Slovakia’s prime minister caves – but not before isolating Slovakia and deepening distrust in Brussels.

In eastern Slovakia, engineers are developing a hydrogen-powered VTOL aircraft—one of Europe’s most innovative green transport projects.

Slovak hydrogen aircraft project aims for green revolution in the skies

With EU support, a pioneering hydrogen VTOL could replace helicopters and reshape sustainable travel.

The nuclear power plant in Jaslovské Bohunice.

Americans may build Slovakia’s next nuclear power plant

The nuclear power plant is expected to cost between €13 and €15 billion to build.

Prime Minister Robert Fico (Smer) visited the Economy Ministry as part of an inspection day on 17 June 2025 in Bratislava. On the left is Economy Minister Denisa Saková (Hlas).

Fico lashes out at EU plan to end Russian gas imports

The prime minister calls Brussels’ energy proposal ‘ideological’.

The existing nuclear power palnt at Jaslovské Bohunice, in western Slovakia.

Slovakia holds talks with Westinghouse about building new nuclear reactor

PM Robert Fico has signalled strong interest in partnering with US nuclear firm Westinghouse to build a new €10-billion reactor.

In the past two years alone, Slovakia has spent nearly €5 billion cushioning households from energy costs.

Slovakia to target energy subsidies, but privacy concerns linger

A new law enables the state to analyse household incomes and property to tailor aid—yet millions may choose not to share their data.

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Slovakia clings to its gas transit dream, even as pipelines burn

Despite an explosion at a key Russian station, Bratislava presses ahead with plans to restore gas flows via Ukraine.

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