- Category: Article
Value for Money Unit will no longer assess all of the Slovakia's strategic investments. The government wants to accelerate highways and railways construction and needs "more flexible procedures" to do so. Benefits and costs of new constructions will now be assessed by respective ministries, which may weaken their control.
- Category: Article
The head of the Environment Ministry, Tomáš Taraba, claimed in March that Slovakia would block the controversial law on nature restoration if necessary, yet today he voted in favour of the law, which, thanks to the minister passed with a narrow majority, is expected to have a "financially positive impact" on Slovakia, even though it will not bring any new money.
- Category: Article
Demand for oil is driven by China and India, in advanced economies, on the contrary, the interest is plummeting. This is due to the massive development of renewables, increasingly efficient internal combustion engines and the shift to electromobility, states the International Energy Agency (IEA).
- Category: Article
Slovakia has not built a single new wind power plant in 20 years. It will even receive money from the Recovery Plan to do so, nevertheless the Ministry of Environment is making no progress.
- Category: Article
In Sweden, Bulgaria and Portugal, the price of electricity is only half higher than natural gas - already enough for the heat pump to be worthwhile for households. In Slovakia, the price of electricity is three times higher than the price of natural gas. State subsidies are also important in the purchase process, as they moderate the high price of equipment, yet in our country they are at a halt.
