ENERGY PROSPECTS IN WESTERN BALKAN REGION ‒ MONTENEGRO CASE

Abstract

To meet new energy demands and climate targets for 2030, the EU member states and West Balkans countries are requested to introduce the National Energy and Climate Plans (NECP) for the period from 2021 to 2030. That implies implementing clean, affordable and renewable energies to reach a climate-neutral economy by 2050. This will require moving towards the long-term goals set by Power agreements, which means to perform economic transformations to reach broader sustainable development goals. To achieve those goals national long-term strategies in Western Balkan countries jointly with EU strategies have to cover, at least, the following in the coming 30 years: total greenhouse emission reduction, even elimination, to extend feasible socio-economic effects of the decarburization measures, to enable links to other national long-term objectives, to make progress on a low greenhouse gas emission economy by encouraging the use of renewable energy sources to approach the European green plan. All those measures will lead the energy sector in the Western Balkans (WB6) to be organized to function with diversified sources of energy, secure fully functional integrated energy market, the free flow of energy, improve efficiency by reducing needs for energy imports; move to low carbon economy by promoting research and innovations in low carbon and clean energy technologies, which will all lead to extensive implantation of renewable energy sources and control of climate change in the region.