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Energy Market Reforms In Croatia: Challenges And Perspectives

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  • Nela Vlahinić

Abstract

Since July 2000 the Croatian energy sector has been subject to market liberalisation, deregulation, restructuring and privatisation, with a strong focus on adaptation of its legislation to the EU Acquis Communautaire. Although the energy market has been formally fully open, there are still not enough market players to create real competition. After the adoption of the Third energy package in 2012 energy market reforms are entering the new phase that requires new development platform, as well as new energy strategy and policy. However, energy reforms have been influenced by unfavourable macroeconomic environment and continuous economic recession since 2009 which hindered new investments and technological upgrading in energy sector. The aim of the paper is to give an overview of energy market reforms in Croatia with special reference to EU energy policy as a wider framework and to indicate current and future challenges, as well as perspectives for Croatian energy sector.

Suggested Citation

  • Nela Vlahinić, 2014. "Energy Market Reforms In Croatia: Challenges And Perspectives," Economy & Business Journal, International Scientific Publications, Bulgaria, vol. 8(1), pages 111-123.
    • Handle: RePEc:isp:journl:v:8:y:2014:i:1:p:111-123
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    References listed on IDEAS

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    1. Carlo Fiorio & Massimo Florio & Raffaele Doronzo, 2007. "The Electricity Industry Reform Paradigm in the European Union: Testing the Impact on Consumers," UNIMI - Research Papers in Economics, Business, and Statistics unimi-1066, Universitá degli Studi di Milano.
    2. Pollitt, Michael G., 2012. "The role of policy in energy transitions: Lessons from the energy liberalisation era," Energy Policy, Elsevier, vol. 50(C), pages 128-137.
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    Cited by:

    1. Borozan, Djula, 2017. "Testing for convergence in electricity consumption across Croatian regions at the consumer's sectoral level," Energy Policy, Elsevier, vol. 102(C), pages 145-153.

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    More about this item

    Keywords

    energy reforms; croatia; eu energy policy; market liberalisation;
    All these keywords.

    JEL classification:

    • A - General Economics and Teaching

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