Renewable Energy and its impact in the Economic Development of Kosovo - Inpressco
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Renewable Energy and its impact in the Economic Development of Kosovo


Author : Bujar Pira, Bashkim Malushaj, Hamdi Malushaj, Artan Bajrami, Adrijana Hoxha and Michaler Rothe

Pages : 3677-3684
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Abstract

The population in the world is increasing and with is the need for energy is increasing as well. This increase is mainly as a result of the increase of the luxury among the population, or rather the use of various information, communication and technological appliances, including but not limited to smart phones, tablets and PCs, etc. Though, there is an expectation for the increase in the demand for energy, with the use of efficiency appliances and technology, the slope of the increase in the energy consumption will not be as high. Knowing that most of the generated energy is fossil fuel based and to some extend nuclear, the implication on the environment will have consequences. However, with the increase in the use of renewable as well as alternative energies, the need for carbon based sources of energy will be reduces dramatically. In Kosovo, the generation of energy is mainly based on the use of fossil fuels, either for electricity or heating. Very little energy is generated via renewable energies. In addition, Kosovo is a country with the lowest GDP per capita in the region. According the World Bank Kosovo’s GDP is about €2,700 and about one-third of the population living below the poverty line. However, it has potential for growth in particular in the production sector, providing that new investment opportunities are utilized. This paper will focus on two main aspects: first the renewable wind energy and Kosovo’s potential for wind energy, and second, potential for economic development is Kosovo was to be a manufacture of the technology itself. The study will show that not that Kosovo has potential for wind energy as the effect of the wind energy in the economic growth of Kosovo. The study was conducted by Evroenergie L.L.C. with the support of GIZ.

Keywords: Energy, Wind, Population, Economic growth, Renewable.

Article published in International Journal of Current Engineering and Technology, Vol.4, No.5 (Oct-2014)

 

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