Journal of Business & Economic Policy

Analysis of Obstacles and Youth Proposals in the Context of Improving Energy Efficiency and Renewable Energy Sources
Amra Nuhanović, Amra Babajić, Amra Gadžo

Abstract
The paper presents an analysis of current obstacles in the adoption of energy efficiency measures, and presents concrete proposals for measures for the development of energy efficiency and renewable energy sources. Students from the 1st cycle of study at the Faculty of Economics, University of Tuzla participated in the research. The methodology used in the paper is based on the use of primary (survey questionnaire) and secondary (desk research) data sources. The results of the research showed that the biggest obstacles to the adoption of energy efficiency measures are the following, respectively: lack of information and promotional activities, lack of interest in environmental issues and energy consumption, underdeveloped consumer awareness of potential energy savings, and financial obstacles. Potential proposals for energy efficiency measures generally go towards the proper design of laws and regulations for energy efficiency standards, then the labeling of energy efficiency of products, and finally, the results of the study showed that financial incentive measures have a significant (positive) effect on increasing energy efficiency.The results of this paper can assist policy makers in creating economic and energy policies and strategies.

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