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BUSINESS IN SHORT

IEA report assesses energy security

SLOVAKIA has achieved impressive results in increasing energy efficiency in recent years but could do more to strengthen its energy security and industrial competitiveness, including further diversifying its energy sources and improving regional integration, according to a review of Slovak energy policies released by the International Energy Agency (IEA).

SLOVAKIA has achieved impressive results in increasing energy efficiency in recent years but could do more to strengthen its energy security and industrial competitiveness, including further diversifying its energy sources and improving regional integration, according to a review of Slovak energy policies released by the International Energy Agency (IEA).

“Energy security is a top priority in the Slovak Republic’s energy policy agenda,” said Maria van der Hoeven, the IEA Executive Director, as she presented the report, Energy Policies of IEA Countries - Slovak Republic Review, the TASR newswire wrote.

“Enhancing regional co-operation, particularly in the development of gas and electricity interconnections, is an essential step towards meeting the dual policy objectives of enhancing energy security and market competition,” the report states.

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