Electricity prices in Slovakia 2024
In 2024, the average wholesale day-ahead electricity price in Slovakia was € 0.0929 /kWh (▼11% vs 2023). Below is the month-by-month breakdown plus a chart of how prices moved through the year.
Monthly breakdown — 2024
| Month | €/MWh | €/kWh | MW |
|---|---|---|---|
| January 2024 | € 84.46 | € 0.0845 | 3,327 |
| February 2024 | € 68.79 | € 0.0688 | 3,130 |
| March 2024 | € 65.77 | € 0.0658 | 2,969 |
| April 2024 | € 63.13 | € 0.0631 | 2,816 |
| May 2024 | € 70.91 | € 0.0709 | 2,647 |
| June 2024 | € 85.85 | € 0.0858 | 2,695 |
| July 2024 | € 96.22 | € 0.0962 | 2,778 |
| August 2024 | € 107.41 | € 0.1074 | 2,784 |
| September 2024 | € 92.50 | € 0.0925 | 2,724 |
| October 2024 | € 91.58 | € 0.0916 | 2,909 |
| November 2024 | € 142.29 | € 0.1423 | 3,195 |
| December 2024 | € 145.53 | € 0.1455 | 3,182 |
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.