Milenkovic, Svetislav; Boskovic, Nikola
September 2013
Actual Problems of Economics / Aktual'ni Problemi Ekonomìki;Sep2013, Vol. 147 Issue 9, p421
Academic Journal
At the end of the last and particularly at the beginning of this century, the global emphasis has been placed on intensive use of renewable energy resources. At the current stage of scientific and technological development, their exploitation cannot be economically viable when compared to nonrenewable, primarily fossil fuels, so they need different incentives to be competitive. Their more significant utilization requires an essential role of the state whose economic policy measures have to make renewable energy resources competitive with conventional ones. Methods of theoretical and empirical research to be used in this paper are based on qualitative and quantitative analysis of the collected material with regards to the availability of renewable energy resources in Serbia. With the means of these methods, the paper will show the structure of available renewable energy resources in Serbia and give recommendations on how these resources should be valorized in the most effective manner. Increasing energy efficiency arises as a key factor to future energy development of Serbia, and the intensive use of renewable energy resources is a logical response to such requests.


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