As Slovakia plans for its future energy demands, the country is turning increasingly to nuclear power, alongside renewable energy sources like wind, solar, and hydroelectricity. By 2040, experts predict that Slovakia will need to generate an additional 15-30 TWh of electricity annually, potentially doubling its current output to support industrial growth and the decarbonization of heating and transportation.
To meet this challenge, the Slovak government is fast-tracking plans to build a new nuclear power plant. By October 2024, Slovakia’s economy and finance ministries are expected to present a detailed proposal for a 1,200 MW plant at the existing Jaslovské Bohunice site. This plant would be fully state-owned, a departure from Slovakia’s current mixed-ownership model at its other nuclear facilities.
The new plant aligns with Slovakia’s broader energy strategy, which sees nuclear power as a cornerstone of its carbon-free future. Nuclear energy already plays a critical role in the country’s energy mix, generating over half of its electricity. Recent developments include the commissioning of the Mochovce-3 reactor in January 2023, with Mochovce-4 expected to follow soon.
Moreover, Slovakia is also exploring the potential of Small Modular Reactors (SMRs) under the US-funded Project Phoenix, with feasibility studies expected to conclude by 2025. This initiative highlights Slovakia’s commitment to leveraging cutting-edge nuclear technology for energy security and environmental sustainability.
The move towards nuclear energy is also part of Slovakia’s strategy to reduce its reliance on Russian energy, with agreements already in place with U.S. and French firms for nuclear fuel supply. As the country advances its nuclear ambitions, it positions itself as a leader in the region’s energy transition.
This nuclear expansion is crucial for Slovakia to not only meet its growing energy needs but also to ensure a stable, carbon-free future as it seeks to balance energy security with environmental goals.
