CORPORATE BRIEFS

Economy Ministry: Mochovce nuclear plant not to be completed

Blocks three and four of the Mochovce nuclear power plant will cost so much to complete that the electricity they generate will never compensate the stae for the outlay, Economy Minister Ľudovít Černák told a news conference on June 22. Černák added that the Economy Ministry would not support the completion of the extra blocks, which have cost 14 billion Slovak crowns to build so far, in its Nuclear Energy Concept. An interest free loan from the EU, he explained, was the only way the plant could be completed as envisioned.

Černák also said that the V1 reactor at Slovakia's only other nuclear power plant in Jaslovské Bohunice, would not likely be shut down until 2010-2012, as premature closure (which is being urged by Austria and the EU) would cost the state 5 to 6 billion crowns.

The final element in the ministry's Nuclear Energy Concept is the building of a permanent disposal facility in Slovakia for spent nuclear fuel, somtheing that became imperative after Russia adopted a law banning the import of nuclear waste. The cost of the project should be about 68 billion crowns, of which the brunt would be borne by the State Fund for the Liquidation of Nuclear Power Equipment.

The government is to discuss an overall plan for the nation's energy sector in September.

Get daily Slovak news directly to your inbox

Top stories

The mass testing in Nitra.

News digest: Results from weekend nationwide testing still not out

The parliamentary committee recommends one candidate for new police chief. NASA picks a picture by Slovak photographer as its Astronomy Picture of the Day.

7 h
Gábor Grendel (OĽaNO), Juraj Šeliga (Za Ľudí), and SaS MPs Marian Viskupič and Jana Bittó Cigániková.

Matovič government takes after Smer in lawmaking

The second-largest testing scheme of the whole population is underway in Slovakia. Government says they ordered enough vaccines. Layoffs of transnationals in Bratislava.

12 h
PM Igor Matovič (front) and Economy Minister Richard Sulík (back)

Hlas is gaining strength, along with Sulík’s SaS

At the same time, most people think PM Matovič is not managing the coronavirus crisis well.

14 h
US President Joe Biden

Biden really is waking up each morning with the goal of making things better

The new president is old and imperfect, but it's difficult to question his motives.

24. jan