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Scholars Journal of Economics, Business and Management | Volume-10 | Issue-04
Croatia's Energy Position in the European Union with Special Reference to the Croatian-Hungarian Relation
Marko Šarić
Published: May 30, 2023 | 111 118
DOI: 10.36347/sjebm.2023.v10i04.004
Pages: 93-99
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Abstract
This review paper will present the strategic position of the Republic of Croatia within the European political- energy context. The modern model of economic progress is based on constant increase in energy usage at acceptable prices. Intensive energy usage is a prerequisite for the development of the Croatian economy. Croatia has accepted the European Energy Charter as part of its international obligations in the process of approaching the EU. Croatia and its energy companies will have to adapt their energy policies to European energy trends, especially in the southern part of the continent. The paper presents SWOT analyses of the Croatian energy sector, as well as the development of the Croatian energy infrastructure. Additionally, the Croatian-Hungarian energy problems and strategic conflicts are also highlighted.