The purchase of a stake in Slovak Power Plants (SE) electric utility is one of the last resort options for solving the energy crisis in Slovakia, said Slovak Finance Minister Igor Matovič and chair of the largest governing Ordinary People party. “Buying out the stake in the SE is one solution, but an extreme one,” said the Minister. According to him, the most likely solution to the crisis, which is also being considered in the EU, is that the profits of nuclear power generators would be curtailed because the price of uranium as a feedstock for electricity generation in nuclear power plants has so far risen only marginally.
"Talking about buying SE today, when we have indebted this country by about €16 billion, may make sense, but it does not make sense because we do not have the money for it,” said MP for the opposition Freedom and Solidarity party Marián Viskupič.
However, the possible purchase of a majority share from private investors does not make sense even to the head of the economic committee, Peter Kremský (Ordinary People). "It would be insanely expensive. A much better solution is to cap energy prices," he said.
Energetický a průmyslový holding (EPH), the owner of 66% of the shares in Slovenské elektrárne announced last week that it does not plan to sell its shares in the utility.
