SUSTAINABLE MANAGEMENT OF THE ENERGY RESOURCES OF SERBIA

Abstract

Energetics has been and remained the key factor of economic changes and economic development to date. If the energy sector is stable, modern, and organized in a quality manner, it also implies welfare for the economy as a whole. Changes in the significance and use of energy in the economy require the professional management of energy development. Irrespective of modern technology and the key discoveries in energy transformation and concentration, it has not declined in significance. On the contrary, energy is the basis of the human activity. On the other hand, the present structure of the primary sources of energy at the global level cannot follow the trend of increasing demand for energy. The limited reserves of the non-renewable sources of energy, especially of crude oil, require our turning towards the renewable sources of energy. The energy crisis of today is not only an expression of the bad condition of natural sources, but a consequence of the global policy for the exploitation of the existing sources of energy. The current condition of energy resources is a consequence of a monopolistic policy for big business and the New World Order founded on it. According to the assessments of the International Energy Agency (IEA), a further increase in primary energy consumption is expected in the period to come. Because of that, it is necessary to strategically plan the development of the energy sector both from the general developmental, technological-economic, and social-ecological points of view. The fact that Serbia has a relatively high energy consumption growth rate, that it is poorer in primary energy reserves in comparison with the world average, refers us yet more to the rational use of the existing reserves of energy and also to the production of energy from renewable sources: solar, the energy of the wind, geothermal, biomass, the energy of the tide and the waves of seas and oceans, and so on. The paper addresses the issues in the field of the sustainable development of energetics, safety and energy efficiency, as well as a future development of energetics in Serbia based on the renewable sources of energy. The economic effects of the production of energy from renewable sources have also been analyzed.