High-Energy Intensity Problems in the Republic of Serbia
High-Energy Intensity Problems in the Republic of Serbia
Author(s): Lidija MadžarSubject(s): Energy and Environmental Studies, Environmental interactions
Published by: Fakultet za poslovne studije i pravo
Keywords: energy efficiency; energy intensity; gross inland energy consumption; Republic of Serbia; environment
Summary/Abstract: Energy efficiency is crucial to ensuring a safe, affordable, reliable and sustainable energy system and is an important component of all efforts to reduce greenhouse gas emissions (GGE). It is also the fastest and cheapest way to solve energy, environmental and economic problems and challenges. In the context of facing increasing demand for energy, unstable prices, energy supply disruptions and environmental issues, the European Union (EU) has set ambitious energy saving targets of 20% by 2020 and of 30% by 2030, by directing its energy efficiency measures towards those sectors where there is the greatest potential for savings. The energy sector is one of the areas of strategic importance for the future development of the Republic of Serbia (RS). Bearing in mind that Serbia is a candidate country for EU membership, the strategic direction of its energy sector development is largely determined by the undertaken international obligations, with a special emphasis on the Energy Community membership and the EU accession process. In this sense, the country has accepted the obligations related to increasing energy efficiency. The paper analyses the relative and absolute energy intensity trends in order to determine the general trend and dynamics of energy efficiency in Serbia in the period from 1990 to 2015. The paper points out that Serbia, in terms of energy intensity, is lagging behind many EU countries, as well as for some in the region, and gives recommendations for taking measures that would increase energy efficiency in the country.
Journal: International Journal of Economics & Law
- Issue Year: 8/2018
- Issue No: 23
- Page Range: 117-126
- Page Count: 10
- Language: English