GEN, the Slovenian state-owned energy group, earned almost €160 million in 2025. The company reported that generation exceeded its plan during the year. GEN also continued major investment across its nuclear and renewable portfolio.
GEN’s power plants produced 3,427.7 GWh over the year. Capital expenditure across generation assets exceeded €107.5 million. About half of that spending was directed to maintenance and upgrades of existing facilities.
Investment at Krsko and work on a second unit
Around €39.6 million was invested at the Krsko nuclear plant. The outlay covered dry spent-fuel storage, process information systems and technical security improvements. GEN also continued development work for a proposed second Krsko nuclear unit.
Spending related to the second-unit project reached €10.5 million last year. Technical feasibility work prepared by EDF and Westinghouse was completed. Financing structures were also reviewed during the period.
Spatial planning approval and regional market implications
The Slovenian government approved preparations for the national spatial planning process. This approval allows the project to move into another formal development stage. GEN said the initiative remains a long-term option rather than a near-term source of additional capacity.
Slovenia’s position between the Central European, Italian and western Balkan electricity systems places Krsko within a wider northern SEE context. The existing Krsko plant already represents one of the largest sources of stable baseload generation in the region. A second unit would materially change Slovenia’s future import-export balance, though financing, construction cost and project timing remain decisive before any investment decision can be taken.
