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Slovak Parliament Prepares to Grant Energy Price Chief Absolute Power and 20% Pay Rise

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The Slovak parliament is preparing legislation that would concentrate decision-making power over energy prices in the hands of a single person - the head of the Regulatory Office for Network Industries (ÚRSO). The proposed changes would grant the ÚRSO chairman absolute authority over energy pricing decisions in the Slovak market, while also providing a 20% salary increase. Energy market experts are criticizing the proposed reforms, arguing they would weaken the regulator's independence and represent an ineffective approach to energy market oversight. ÚRSO currently serves as Slovakia's energy market regulator, responsible for setting prices and overseeing the electricity and gas sectors that directly impact household and business energy costs across the country.

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