FOCUS SHORT

Switch to DST saves €20-30 million

SLOVAKIA observes daylight saving time (DST), or summer time, based on the argument that changing the clocks leads to savings in electricity. This year the switch took place during the last weekend in March. The Institute for Financial Policy (IFP) has calculated that the switch to DST can save to Slovaks between €20 and €30 million.

SLOVAKIA observes daylight saving time (DST), or summer time, based on the argument that changing the clocks leads to savings in electricity. This year the switch took place during the last weekend in March. The Institute for Financial Policy (IFP) has calculated that the switch to DST can save to Slovaks between €20 and €30 million.

“Switching to summer time significantly reduces consumption of electricity during evening hours,” IFP writes in its analysis. “This indicates that households benefit from the introduction of summer time more than companies.”

According to the institute, even though studies scrutinising usage of the two times are coming to ambiguous conclusions, Slovakia’s experience is that the switch to summer time reduces the daily consumption of electricity by about 0.7-1.2 percent, saving between 115-200 GWh of electricity or €20 to €30 million.

The processing of personal data is subject to our Privacy Policy and the Cookie Policy. Before submitting your e-mail address, please make sure to acquaint yourself with these documents.

Top stories

Slovak wines do great abroad, but inspectors see them as unfit at home

Slovak legislation does not recognise orange and cloudy wines. As a result, inspectors remove them from the shelves of stores in Slovakia.

Michelin-starred restaurants buy Slovak wines while inspectors in Slovakia remove some of them from the shelves of stores

This is not even the end of the beginning

Somehow Boris Johnson sold himself as the least tiresome.

The UK is like a flatmate who promised to move out, but just never leaves. In the meantime, they keep stealing beer from the refrigerator while complaining about how it tastes.

Economy minister: A gas crisis may come after the New Year

Slovakia will probably have to use all measures possible to secure supplies.

Gas storage facility in Gajary.

Tragedy in Prešov and bad news for Kočner from the U.S.

It’s less than three months before the general election and the chairmen of two major parties are facing criminal prosecution.