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Energy security strategy to be presented in September

Slovakia is preparing to introduce an energy security strategy that will last until 2030.

"The material is ready. The draft currently is in interdepartmental review," Economy Minister Ľubomír Jahnátek told the SITA newswire. "We will present this material for the first time at a conference early September and make it public around September 20."

The energy security strategy will to define the future orientation of the Slovak energy sector. It will also determine whether new energy sources will be built in Slovakia.

The ministry also plans to prepare a revision to the Energy Law in the near future.

At the beginning of July, the cabinet approved Slovakia's energy efficiency plan, which will be a part of the Energy Security Strategy. The document aims at gradually reducing energy consumption to the EU level.

To introduce energy efficiency projects and get other projects working better, the ministry is suggesting Sk600 million in 2008-2010 within its budget priorities for co-financing the Energy Efficiency Fund.

-SITA

Compiled by Zuzana Vilikovská from press reports
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