The energy sector powers everything around us. Today's civilization consumes more energy in a single second than some ancient civilizations used over centuries.
Historically, changes in the energy sector have come gradually. However, we are now witnessing a dramatic acceleration, bringing us to a point where a complete transition from fossil fuels to renewable energy sources is expected within just a few decades.
Geographically, we are situated in Europe, and politically, socially, and culturally, most countries in the Adriatic region aspire to join the European Union. This context positions us well for the energy transition, though it also exposes us to significant risks.
Unpredictable events, such as the war in Ukraine, present challenges on our path to energy transition. Nonetheless, there is no alternative but to move forward, aligning with EU regulations. Accelerating the development of energy policies that conform to EU energy regulations and the National Energy and Climate Plan is essential.
Investor confidence is also critical. Without a dear and robust strategy, we risk damaging the investment environment, potentially delaying or preventing funding for new energy production facilities. Therefore, any changes to the current state-owned structure of the sector must carefully consider financial and security risks.
It is equally important to protect vulnerable groups and address the needs of the wider population across the energy sector. Decision-makers must focus on creating targeted, well-designed measures rather than enacting superficial policies that artificially lower energy prices for all consumers.
ALG Green Transition offers an overview of the energy sector in the Adriatic region, spanning from Slovenia to Macedonia. Adria Legal Group is prepared to assist you in achieving your goals in this region. We offer the expertise and resources needed to provide a tailored approach, enabling you to conduct successful investments in each country where Adria Legal Group operates.
By Adria Legal Group
