Energy Prices and Subsidies in the Western Balkans
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The economies of the Western Balkans have set ambitious climate targets, aiming to reach carbon neutrality by 2050. To succeed, the region needs to transform its energy sector, which produces almost 50% of its electricity from coal, and encourage more efficient use of energy. Based on a detailed inventory of energy subsidies and support measures in the region, this report explores effective pathways for a green energy transition, integrating the economic and social perspectives.
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The economies of the Western Balkans have set ambitious climate targets, aiming to reach carbon neutrality by 2050. To succeed, the region needs to transform its energy sector, which produces almost 50% of its electricity from coal, and encourage more efficient use of energy. Based on a detailed inventory of energy subsidies and support measures in the region, this report explores effective pathways for a green energy transition, integrating the economic and social perspectives.
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The economies of the Western Balkans have set ambitious climate targets, aiming to reach carbon neutrality by 2050. To succeed, the region needs to transform its energy sector, which produces almost 50% of its electricity from coal, and encourage more efficient use of energy. Based on a detailed inventory of energy subsidies and support measures in the region, this report explores effective pathways for a green energy transition, integrating the economic and social perspectives.
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