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In: Russian analytical digest: (RAD), Heft 27, S. 2-16
ISSN: 1863-0421
World Affairs Online
Croatia joined the European Union (EU) in 2013, and the energy sector has been undergoing liberalization, deregulation, and unbundling of state-owned energy utilities. Croatia haswelcomed a number of new public and private energy companies. The Croatian power exchange was established in 2014 and commenced operation in 2016 as a platform for electricity trade. This report reviews energy intensity (EI) and energy efficiency (EE) status in Croatia.
BASE
This study analyses the diffusion of renewable energy (RE) technologies. It analyses the transition dynamics as the sector broadens its energy mix and changes its capital stock. This shift is found to be desirable from an environmental, geopolitical and economic perspective. Yet, it greatly increases the technical and industrial complexity, and is not Pareto-efficient. We focus on wind and solar power, and discuss their promoted deployment against the energy policy principles of the EU. Put drastically, the promotion of 'sustainability' undermined 'competitive' mechanisms. This has potentially adverse effects on the 'security of supply' due to the market design that seeks to keep prices low. RE outperforms conventional facilities. Emergency capacities, however, are also exiting, especially in Germany. If markets are seen as one, there seems to be a threshold of wind and solar power that the current back-up system can incorporate without risking the security of supply. The policy relevant crux lies in conflicting mechanisms: the top-down promotion and planning policies undermine the bottom-up market selection. Then again, without interventions the market does not provide the socially desired outcomes. If tensions aggravate further, the implementation of the new technology base is likely to stall. In addition, the generous promotion resulted in the fast deployment of RE, which may have shortened the 'formative phase' of the diffusion process. A longer formative phase would have created more learning effects and fostered more incremental innovations. In addition, costs of subsidies are allocated differently across countries. Mechanisms that allocate costs to the public budget have greater acceptance rates than budget neutral ones that assign costs to consumers. The latter affect households asymmetrically across income classes. Also ownership structures changed; a large number of actors now constitute the energy sector. Citizens increasingly appeared as producers and investors, which stimulated the social acceptance of RE, and in some cases unlocked initially unfavourable vested interests.
BASE
World Affairs Online
In: Energy magazine, Band 22, Heft 2, S. 14-19
ISSN: 0254-8445
World Affairs Online
SSRN
Working paper
The objective of this study is to depict the energy environment regarding the various sources of energy, the correlation of energy mixes, various trends of transition and mainly corruption of these preceding aspects. An insight of successful and failing counter-measures is also provided.The term corruption in an economic environment is defined as fraud, bribery, immorality and misuse of power, however the actual scope is greater, as the interdependencies of nations, economies and their corresponding interactions create disruptions and discrepancies - especially when lobbying is exploited. Misi
In: Africa research bulletin. Economic, financial and technical series, Band 60, Heft 5
ISSN: 1467-6346
World Affairs Online
In: Security and Profit in China’s Energy Policy, S. 37-74
In: Deregulation in the European Union; Routledge/EUI Studies in Environmental Policy
World Affairs Online