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

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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

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