The Slovak Republic has undergone a process of
harmonization to bring its energy sector standards in line
with those of the EU. The Slovak Republic is also seeing
a gradual decrease in its dependence on solid fuels as a
primary energy source. A new energy regulatory authority
began operating in 2001, and is responsible for setting
energy prices and establishing the framework for third party
access to the electrical grid.
Main Industry Issues
- Regulation and compliance
- Security of supply, increased prices of energy and utilities
- Climate change and environmental protection
- Introduction of excise tax on energy
- European Union Emissions Trading Scheme (EU-ETS)
We can assist with
- Integration of environmental and climate change
considerations into overall business strategy
- Development and implementation of a carbon emissions
trading strategy - from the identification of cost-effective
emissions reduction projects to the execution of emissions
transactions
- Utilities revenue assurance and profitability maximization
services
- Supply chain management
- Tax compliance reviews