Slovakia's Path to Sustainable Innovation Amidst Governance and Economic Challenges
Slovakia, a European leader in low-carbon electricity, faces significant governance and economic challenges that threaten its sustainability efforts. With public debt exceeding 60% of GDP, the country must transform its energy expenditures into sustainable innovation.
Nuclear power constitutes 61% of its electricity, enabling a carbon intensity below 100 g CO2/kW, projected to decrease to 85 g CO2/kW with a new reactor in 2026. However, Slovakia struggles with low solar and wind capacity and institutional friction hindering renewable investments.
Economic uncertainty exacerbates these issues, while public trust remains low, especially regarding renewable projects. To advance sustainability, Slovakia needs to leverage its clean energy advantage, channel public demand for energy efficiency, and implement evidence-based regulatory frameworks. Constructing pillars of governance and public trust is essential for fostering a cohesive society that can sustain innovation.
