Heren Energy launches Slovak wholesale power price coverage

To keep subscribers up to date with the latest developments in Slovakia, Heren Energy’s European Daily Electricity Markets is launching a weekly assessment of the Slovak curve.

Every Tuesday, key prices, trades and comment will be published alongside Heren Energy’s existing Czech coverage. Due to growing liquidity, Heren Energy will also extend its price coverage for the Czech Republic. 

Slovakia is a key transit route for power flows between the Czech Republic, Hungary, Poland and Austria and cracked open its electricity market to competition in July 2007.

During the same year, the country ceased being a net exporter of power due to the decommissioning of an outdated nuclear reactor and is now depending on imports from neighbouring countries.

While investors and traders are taking an interest in an increasingly liquid Slovak wholesale market, administrative restrictions — such as the introduction of an electricity export fee — continue to make it a challenging hub to enter.

Katie Tucker, editor of European Daily Electricity Markets, said: “Slovakia is the most liquid wholesale market in the Central and Eastern European region after the Czech Republic. With the European Commission likely to challenge the Slovak government over its export fee, traders are confident the wholesale market has great potential.”

Click here to receive a complimentary trial of European Daily Electricity Markets, or contact the sales department on: +44 (0)20 8469 4700; or email: sales@heren.com

About Heren Energy

Heren Energy is a world-leading publisher of gas, power and carbon market information. A series of market reports provide news, analysis, benchmark price assessments and indices. These publications are complemented by far-reaching historical data packages, which collectively provide a comprehensive data solution to the energy sector’s information requirements.