EU assures Slovakia on energy security amid Russian gas phase-out

Slovakia recently hosted a delegation of experts from the European Commission to discuss the REPowerEU plan aimed at eliminating Russian gas imports by 2027. This visit is part of the Commission's efforts to engage closely with member states concerned about transitioning from Russian energy sources. During their meetings, Slovak officials expressed apprehensions regarding the potential economic repercussions, including increased energy prices and transportation fees. Prime Minister Robert Fico emphasized the need for guarantees from the Commission before Slovakia could support further sanctions against Russia, particularly regarding gas imports scheduled to end by January 2028. The European Commission has underscored its commitment to assisting Slovakia in securing energy supplies amidst the ongoing transition. In a recent statement, the Energy Commissioner highlighted the importance of cooperation with member states, especially those most impacted by the cessation of Russian gas imports. To address these concerns, the Commission is actively exploring diversification of energy sources and enhancing infrastructure to support energy independence across Europe. Energy Commissioner Dan Jorgensen has also pointed out that Slovakia has significant opportunities to utilize renewable energy sources, notably geothermal energy, which can contribute to the nation's energy security. He has acknowledged the concerns raised by Slovakia regarding potential compensations and emphasized the need for collaboration to find viable solutions for member countries facing energy supply security issues. By leveraging renewable energy alternatives, Slovakia can mitigate its reliance on imports from Russia, thus enhancing its independence in the long run. As Europe prepares to transition away from Russian gas, the implications for energy markets will be profound. The collaborative approach taken by the EU and Slovakia signifies a concerted effort to fortify energy security while moving towards decarbonization. The obligation to ensure sufficient energy supplies remains a critical priority for the Commission as it seeks to bolster the resilience of its member states against any external energy shocks. Slovakia's participation in the REPowerEU plan will require adaptive strategies to cope with the potential repercussions of this energy shift and its broader commitment to building a more sustainable energy future.