DEMSEE 2008- International Conference on Deregulated Electricity Market Issues in South-Eastern Europe

The power industry is one of the sectors, which affects the prosperity of every aspect of economic and social life and has a direct impact on technological progress. Much of the world's energy, however, is currently produced and consumed in ways that c...

The power industry is one of the sectors, which affects the prosperity of every aspect of economic and social life and has a direct impact on technological progress. Much of the world's energy, however, is currently produced and consumed in ways that could not be sustained if the "business as usual" scenario continued. Furthermore, the need to control atmospheric emissions of greenhouse and other gases will increasingly feature in the future and clearly action has to be taken in the direction of reducing such emissions.

The European Union's (EU) main long-term goal in the field of energy is the conversion of the existing EU energy system, which is heavily dependent on fossil fuels, to a sustainable energy system based on differentiated energy sources of higher energy efficiency. This will enable the EU to face the challenges posed by the security of the energy supply and the climate change while, at the same time, increasing the competitiveness of the European energy industries.

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