Analysis of the development of energy consumption of electricity and fuels in Slovakia

and fuels increases not only in Slovakia but across the European
Union. Future energy demand will be based on population growth,
and it is the key factor of economic and social development of the
society, with an emphasis being put on improving the quality of life.
This study focused on the development of the final energy
consumption (FEC) of individual fuels, electricity and heat, including
their shares in the final energy consumption in selected economy
sectors in Slovakia. Time-series analysis methods were applied to
predict energy consumption for the next three years. Although we
have witnessed a decrease in the total energy consumption in
individual sectors in Slovakia in the years 2005–2015, energy
consumption generally exhibits an increasing trend. In all of the
analysed sectors, the development of final consumption of energy
from renewable energy sources (RESs) and wastes exhibited a rising
trend; nevertheless, the results of our evaluation indicated that
Slovakia still has some major shortcomings as to the utilisation of
RESs.