Actual state, future trends and desirable directions of electricity sector development in the region of South-East Europe

Abstract

In terms of long-term and insufficiently effective socio-economic transition in countries of Energy Community of South-East Europe (EC SEE), characterized by significant decline of economic activities and lack of investment in new modern production technologies, the global financial and economic crisis at the end of 2008, imposed additional slowdown in the economic activity, redevelopment and operation of the energy sector and in particular of the electric power companies in most EC SEE countries. Qualitative view of the current status and possibility of redevelopment of the energy industry is accompanied by key economic and industrial quantitative indicators, followed by trends of the expected electricity demand, production, and its balance, derived on the basis of the pre-crisis known electricity intensity and GDP and/or VA growth rate, for two scenarios of introduction of new generation capacities.