Recently, utility companies have found themselves in a very different world with a series of momentous events – the collapse of giants of the banking system, the credit and wider financial crisis, the reversal in demand and price growth, and outright recession in many major markets.
Globalization and the need for a secure, affordable energy supply go hand in hand. Economic development depends on sufficient energy sources – oil, gas, electricity, coal, and others. The availability and security of these resources are on the minds of many, from consumers and political leaders to company executives.
Slovakia has undergone a process of harmonization to bring its energy sector standards in line with those of the EU. The country is also seeing a gradual decrease in its dependence on solid fuels as the primary energy source.
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