Slovakia: Plans to Phase-Out Coal Mining Subsidies in 2023

In recent news, the government of the Slovak Republic announced plans to end subsidies for domestic coal mining operations by 2023

Oops, an error occurred! Code: 202305300859572a260687

Photo credit:Rawpixel/Unsplash

The government has signalled that is will submit an action plan in due course detailing the plans. Approximately EUR 100 million are spent yearly to support the privately-owned company Hornonitrianske Bane Prievidza (HBP), which produced 1.8 Mt of lignite in 2017.

Source: https://www.reuters.com/article/us-slovakia-energy-coal/slovakia-to-pull-plug-on-coal-subsidies-from-2023-minister-idUSKCN1NO1XT

Detail – Energy Country Profile

Slovakia: Plans to Phase-Out Coal Mining Subsidies in 2023