Spectator on facebook

Spectator on facebook

Efficiency leads to savings and safety

Slovakia is still seventh in the EU’s energy intensity ranking.

Innovative materials are used to make buildings more energy efficient.(Source: TASR)

One of the biggest challenges of today’s global energy market is energy efficiency. Energy is efficient when savings in energy consumption are made through changes in technology, the behaviour of the industry and the whole economy.

Energy savings not only reduce the operating costs of enterprises, but also help reduce the demand for energy. In times of current geo-political events, this clearly contributes to the strengthening of energy security, said Prime Minister Robert Fico at a conference titled Modern Trends in the European Energy Sector that took place in Bratislava on November 22, 2017.

Read also:Decentralisation is coming to energy

“Energy efficiency plays a negligible role in Slovakia, a country highly dependent on the supply of primary energy feedstock from third countries,” said Fico.

Slovakia is among the countries that have long been increasing efficiency. While the Slovak Statistics Office (ŠÚ) recorded a decline in energy intensity by more than half in the 2000-2015 period, Fico notes a 27 percent decline during 2006-2012 and the Economy Ministry measures the fall in intensity related to GDP in purchasing power parity at 82.5 percent in 2000-2014.
“Despite this fact, Slovakia has the seventh highest energy intensity on the basis of constant prices amongst the 28 EU countries,” Fico said.

In terms of electricity in the short-term, however, efficiency declined. The dominant power generator, Slovenské Elektrárne (SE), recorded a year-on-year increase in energy consumption by 3 percent in the first three quarters of 2017.

Compliance with EU targets

Current efficiency growth results mainly from the practices of the whole economy. While the Slovak industry has started to change, positive development also stems from changes in technological processes, improvement in the thermal properties of buildings and the renewal of appliances, said Stanislav Jurikovič, head of communication at the Slovak Innovation and Energy Agency (SIEA).

All these changes come from the need to meet EU energy targets. While the Slovak individual target by 2020 is to decrease consumption of energy by 11 percent compared to the period before 2011, consumption has already dropped by 9 percent, according to current figures. In addition, the new climate-energy package, approved by the European Commission in November 2016, has set a new target to ensure 30-percent efficiency in the EU by 2030.

Read more: How often do the companies have to conduct energy audits? How are the trends concerning the energy reduction changing? Why is the energy consumption being reduced?

The rest of this article is premium content at Spectator.sk
Subscribe now for full access

I already have subscription - Sign in

Subscription provides you with:
  • Immediate access to all locked articles (premium content) on Spectator.sk
  • Special weekly news summary + an audio recording with a weekly news summary to listen to at your convenience (received on a weekly basis directly to your e-mail)
  • PDF version of the latest issue of our newspaper, The Slovak Spectator, emailed directly to you
  • Access to all premium content on Sme.sk and Korzar.sk

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.

Topic: Energy


Top stories

Slovaks who fled the 1968 occupation tell their stories

How would it feel to pack my suitcases tonight and leave all this tomorrow morning, never to return?

Last days in Austria before departure from the US. Valika Tóthová and her family (parents Pavol and Hedviga Solar, sisters Alica and Darinka, and son Petrík)
Autorkou fotky je .

Prominent architect felt he needed to prove himself abroad

Slovakia today grapples with the same problems as Germany and Austria, opines Peter Gero.

Peter Gero and wife in Germany.

Tanks have stripped the regime naked

Communist leaders cared little about the ideology. They only wanted power.

Tanks in Bratislava

Tanks rumbled through the streets, crushing everything in their way

Tim Wade visited Czechoslovakia in 1968 as a 12-year-old boy. Here are his memories from the invasion in Prague.

My family with our Czech friends in Jihlava.