The electricity sector in the Slovenia has playing significant role and mainly driven by the increasing population and establishment of industries. However, the electricity generation is done majorly from nuclear power, coal and hydroelectricity. Solar PV, biofuel and natural gas are the other minor sources in the electricity generation segment. In the activity of import and export of electricity the Slovenia has an effective impact. Moreover, Slovenia is a net energy importer with the efficient consumption of electricity in the recent trend. Furthermore, consolidation of the power grid is needed to confirm the safe operation and the reliable of the national electricity system. Investments in more elastic sources with the lower environmental impact would develop integration and diversification in the internal energy market. Whereas, the investments in new gas pipelines could help to expand the Slovenian energy supply, but recent projects tend to enlarge the role of exist suppliers. The key players and government of this region is introducing several projects for making this market more competitive and profitable in the coming years.
According to the report analysis, ‘Slovenia Power Market Outlook to 2030, Update 2018 – Market Trends, Regulations, and Competitive Landscape’ states that there are two companies which are recently functioning in this domain for attaining the effective market share by dominating the growing demand for power in the Slovenia includes Holding Slovenske elektrarne d.o.o., and GEN energija, d.o.o. Moreover, Slovenia majorly depends on the imports to meet its domestic demand for gas. The infrastructure development in the Slovenia is also leading the market growth of the power. Slovenia has intention to cover its EU renewable energy obligations which are mainly connected with hydro power. In the coming years, it is anticipated that Slovenia will have small penetration of wind power with the steadily electricity consumption.
It is expected that the government of Slovenia owns a 100.0% stake in Holdings Slovenske Elektrarne and Gen Energija, the main electricity manufactures in Slovenia. In the present era, the government has measured a merger of the two key players, as HSE did not have the essential financing for the building of a new coal burning generator at the Sostanj Thermal Power Plant. Moreover, in this sector the huge investment is required for improving the pollution controls to meet the demand and environmental standards, to increase rapid response and summiting capacity. With the growing investment, the market is growing more actively in the coming years.
The key players of this market is identifying the planned and developed strategies for facilitating effective decision making by having a strong understanding of the investment opportunities in the Slovenia’s power segment. In future, it is largely expected that the market will grow more significantly in the coming years over the next few years with the growing consumption of energy on a regular basis and planning of government of upgrading its power production with an additional unit which represent several opportunities in the Power market of Slovenia.
For more information on the research report, refer to below link: –
https://www.kenresearch.com/energy-and-utilities/power/slovenia-power-market-outlook/157375-103.html
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