Lights out? The Outlook for Energy in Eastern Europe and Central Asia
Before the current economic crisis hit the Europe and Central Asia (ECA) region in 2008, energy security was a major source of concern in Central and Eastern Europe and in many of the economies in the former Soviet Union. Energy importers were expe...
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Format: | Publication |
Language: | English |
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World Bank
2012
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Online Access: | http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000333037_20100407023015 http://hdl.handle.net/10986/2433 |
Summary: | Before the current economic crisis hit
the Europe and Central Asia (ECA) region in 2008, energy
security was a major source of concern in Central and
Eastern Europe and in many of the economies in the former
Soviet Union. Energy importers were experiencing shortages
leading to periodic brownouts and blackouts. An energy
crisis seemed imminent. This report analyzes the outlook for
energy demand and supply in the region. It estimates the
investment requirements and highlights the potential
environmental concerns associated with meeting future energy
needs, including those related to climate change. The report
also proposes the actions necessary to create an attractive
environment for investment in cleaner energy. Greater
regional cooperation for smart energy and climate action is
an important part of the World Bank's engagement in
Europe and Central Asia. |
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