Title: Overview of state and perspectives of the energy sector - the case of Croatia

Authors: Zoran Wittine; Matea Babic

Addresses: Faculty of Economics and Business, University of Zagreb, Trg J.F. Kennedy 6, Zagreb 10000, Croatia, Balkans ' Agency for the Audit of European Union, Programmes Implementation System, Alexandera von Humboldta 4/V, Zagreb 10000, Croatia, Balkans

Abstract: The paper provides a comprehensive overview of characteristics and importance of energy sector in general. It provides insights into economic effects of energy sector, its developmental potentials as well as its downside, i.e., negative externalities. In the end, the authors deal with states and perspectives of the Croatian energy sector and briefly review what effects has the accession to the European Union had on the energy sector in general and what developments are likely to be seen in the future.

Keywords: Croatia; European Union; EU; energy; oil; natural gas; economic development.

DOI: 10.1504/IJEBR.2018.093373

International Journal of Economics and Business Research, 2018 Vol.16 No.1, pp.80 - 91

Received: 29 Oct 2016
Accepted: 29 Apr 2017

Published online: 25 Jul 2018 *

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