If Slovakia does not help with energy, we will SAVE electricity!

Illustrative image for the article Heger THREATENED the European Union: If Slovakia does not help with energy, WE WILL SAVE the electricity!

The measures to deal with high energy prices adopted at the level of ministers of EU countries responsible for energy will not help Slovakia, and that is why we were against their adoption.

The measures to deal with high energy prices adopted at the level of ministers of EU countries responsible for energy will not help Slovakia, and that is why we were against their adoption.

Illustrative image for the article Heger THREATENED the European Union: If Slovakia does not help with energy, WE WILL SAVE the electricity!

If the EU does not help Slovakia by releasing unused European funds to subsidize energy prices, or if the other states do not voluntarily share with Slovakia the revenue from extraordinary energy taxation, the state will nationalize the produced electricity. Prime Minister Eduard Heger (OĽANO) said this at a briefing on Friday.

“This solution is not in solidarity with all European countries,” Heger commented on the conclusions of the ministerial meeting.

He reminded that Slovakia is one of the most industrialized countries in the EU and at the same time we also have the largest share of household expenditure on energy among the EU countries.

Plan B.

According to Heger, a fair solution would be to tax the profits of energy producers and traders and distribute these taxes among the states according to production and consumption, or to cap energy prices at the European level.

“We have a plan B ready. This means that the electricity produced in Slovakia will not go to the countries that have bought it, but we will give it to our citizens and our companies,” Heger said.

The prime minister wants to pay the price for which electricity was purchased to merchants who have purchased electricity supplies for next year from Slovenské elektrární (SE). In contrast to SE, the Prime Minister is convinced that EU regulations allow such interventions by the state.

When approving the amendment to the Energy Act, SE already pointed out that in that case they would have to provide electricity from other sources for their contracted customers, which would lead to the collapse of the company.

He’s already dealing with it

Heger added that there is still the possibility of a voluntary redistribution of the taxation of extraordinary profits of energy companies, which is made possible by the adopted measure at the EU level. Since mainly Czech and German companies buy electricity from Slovakia, he contacted German Chancellor Olaf Scholz and plans to contact Czech Prime Minister Petr Fiala as well.

According to Heger, the release of unspent European funds for subsidizing energy prices would also help Slovakia. However, this must be approved by the European Commission. He estimated that the package of funds from this source could reach three to four billion euros.

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Source: TASR

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