Electricity prices in Slovakia 2022
In 2022, the average wholesale day-ahead electricity price in Slovakia was € 0.2642 /kWh. Below is the month-by-month breakdown plus a chart of how prices moved through the year.
Monthly breakdown — 2022
| Month | €/MWh | €/kWh | MW |
|---|---|---|---|
| January 2022 | € 194.83 | € 0.1948 | 3,644 |
| February 2022 | € 171.44 | € 0.1714 | 3,544 |
| March 2022 | € 279.40 | € 0.2794 | 3,453 |
| April 2022 | € 183.33 | € 0.1833 | 3,233 |
| May 2022 | € 194.54 | € 0.1945 | 3,072 |
| June 2022 | € 235.72 | € 0.2357 | 3,033 |
| July 2022 | € 368.36 | € 0.3684 | 2,887 |
| August 2022 | € 492.27 | € 0.4923 | 2,868 |
| September 2022 | € 386.69 | € 0.3867 | 2,699 |
| October 2022 | € 188.63 | € 0.1886 | 2,876 |
| November 2022 | € 216.93 | € 0.2169 | 3,073 |
| December 2022 | € 258.10 | € 0.2581 | 3,115 |
Slovakia's electricity sector is anchored by the four-reactor Mochovce and Bohunice nuclear complexes, which together delivered ~58% of generation in 2024. The Mochovce-3 unit came online in 2023 and Mochovce-4 in 2024 after decades of construction delays, completing one of Europe's largest nuclear newbuild projects of the 2020s. OKTE, the Slovak day-ahead market operator (alongside SEPS, the national TSO), runs the single SK bidding zone synchronously coupled to Czechia, Hungary, Poland and Ukraine, with day-ahead trading on OKTE.
Hydro from the Váh river adds ~15% of supply and gas-fired CCGTs cover ~12%. Wind has been politically blocked for years and contributes under 1% of generation; solar — long underdeveloped — finally reached 1 GW in 2024 and is targeted to grow to 4 GW by 2030.
The country is a structural exporter to Hungary and Ukraine. Coal generation ended definitively in 2024 with the Nováky plant closure.