Spectator on facebook

Spectator on facebook

Parliament passes Renewable Energy Resources Act, opposition unhappy

THE RENEWABLE Energy Resources Act drafted by the Economy Ministry, stipulating, among other things, support for production of electricity from renewable sources and efficient combined production, was approved in parliament on October 22.

THE RENEWABLE Energy Resources Act drafted by the Economy Ministry, stipulating, among other things, support for production of electricity from renewable sources and efficient combined production, was approved in parliament on October 22.

The legislation stipulates financial support for energy resources with output exceeding 125 megawatts, with at least 30 percent of the input made up of renewable resources, as opposed to the current level of 20 percent. The act also allows the use of gases that are produced as secondary product in metallurgy for electricity production, the TASR newswire wrote. This change should support domestic energy resources in order to reduce the country’s dependence on imported primary energy sources.

The opposition criticised the legislation as lacking transparency, claiming that it was tailor-made for U.S. Steel Košice, which had threatened to leave Slovakia. Christian-Democratic Movement (KDH) MP Alojz Přidal noted that the act will allow U.S. Steel to receive almost €15 million annually in the next 15 years.
Source: TASR

Compiled by Michaela Terenzani from press reports
The Slovak Spectator cannot vouch for the accuracy of the information
presented in its Flash News postings.

Top stories

Cloud computing becomes a standard

External servers are now much more secure than local business ones, according to experts.

Slovak firms have their eyes on the cloud.

Slovaks drink less and less

Behind the decline in alcohol consumption is, for example, the abandoning of the habit of drinking at work – typical especially during communism, according to an expert.

Kiska: Even Europe has its aggressive neighbour

President Andrej Kiska addressed UN commenting poverty, instability and climate change.

President Andrej Kiska

Arca Capital enters the banking sector

Czech and Slovak financial group acquires a majority share in Austrian private bank Wiener Privatbank.

Bank, illustrative stock photo