Electricity

Energy-intensive firms in Slovenia to invest EUR 450 million in decarbonization by 2030

slovenia industry decarbonization energy transition GZS meeting

Photo: Ministry of Economy, Tourism and Sports/Facebook

Published

January 18, 2024

Country

Comments

0

Share

Published:

January 18, 2024

Country:

Comments:

0

Share

Twenty energy-intensive companies in Slovenia plan to invest EUR 450 million in decarbonization by 2030, according to the Chamber of Commerce of Slovenia’s (GZS) Strategic Council for Energy Transition. At the latest meeting, the members of the panel revealed the results of a study on the energy transition of the country’s industry.

Slovenian businesses support the energy transition and are rapidly preparing for it, but they require help from the government, the document says. It was commissioned by the Ministry of Economy, Tourism and Sports.

The study analyzes the Slovenian industry’s decarbonization and green transition potential, with an emphasis on energy-intensive activities.

slovenia industry decarbonization energy transition GZS vesna nahtigal
Photo: Ministry of Economy, Tourism and Sports/Facebook

Vesna Nahtigal, general manager of GZS, said Slovenia still has a lot of potential in electricity production and that there is no reason why it wouldn’t be tapped to secure energy at competitive prices for energy-intensive industries.

Prebil Bašin: There is great potential in reducing electricity consumption

She pointed to the sector’s significance in avoiding the need to import dirty materials from other parts of the world and pretend that way that Slovenia did something good for the environment.

According to Petra Prebil Bašin, director of GZS’s Metals and Nonmetals Association, energy-intensive enterprises in Slovenia are among the best in Europe when it comes to sustainability and energy-saving standards.

However, representatives of the Slovenian industry believe there is still great potential in reducing electricity consumption through the development of a circular economy, new technologies and carbon capture, she said.

The key obstacles are public opinion, as it does not yet recognize waste as a raw material, the unclear legal framework and lengthy procedures for deploying new technologies.

The key, in her words, is in investments in energy infrastructure, ranging from new power plants to grids.

Three conclusions

slovenia industry decarbonization energy transition GZS
Photo: GZS

The strategic council adopted three conclusions:

  1. The industry has plans, vision and projects to transition to net zero carbon emissions. By 2030, 20 energy-intensive companies will invest more than EU 450 million in decarbonization.
  2. Companies want dialogue with decision makers as well as government support for green transition activities, so the panel is encouraging all shareholders to participate in raising public awareness about the urgent investments in energy infrastructure and domestic energy sources to achieve energy independence.
  3. The main bottlenecks in decarbonization are in financing, environmental protection, permitting, legislation and the lack of manpower and knowledge.

The presentation of the study was also attended by Minister of the Environment, Climate and Energy Bojan Kumer and State Secretary in the Ministry of Economy, Tourism and Sports Matevž Frangež.

Comments (0)

Be the first one to comment on this article.

Enter Your Comment
Please wait... Please fill in the required fields. There seems to be an error, please refresh the page and try again. Your comment has been sent.

Related Articles

Monsson-merge-wind-farm-PV-unit-Romania-hybrid-power-plant-storage

Monsson to merge its wind farm, PV unit in Romania into hybrid power plant with storage

20 February 2024 - Monsson Group is developing a hybrid wind-solar-storage project with the largest battery energy storage system in Romania

kozloduy hyndai nuclear unit

Hyundai shortlisted for installing new nuclear units in Kozloduy

20 February 2024 - Bulgaria has called on potential contractors to express interest in the construction of a new nuclear power plant with AP1000 technology

GGF UniCredit Bank Serbia EUR 50 million renewables loan

GGF deepens cooperation with UniCredit Bank Serbia with EUR 50 million renewables loan

20 February 2024 - UniCredit Bank Serbia obtained a EUR 50 million loan from GGF for utility-scale renewables projects, strengthening its ties with the fund

EU approves EUR 6 9 billion state aid for hydrogen infrastructure

EU approves EUR 6.9 billion in state aid for hydrogen infrastructure

19 February 2024 - Strategic hydrogen project IPCEI Hy2Infra, which seven EU member states developed jointly, got a green light from the European Commission