Integration of the energy efficiency into the local development strategies

Abstract

Balanced Scorecards represent powerful management tool for describing, explaining, representing and implementing different business strategies. Being in use for more than two decades, this tool proved its applicability in public, private and non-profit enterprises, which makes it suitable for applying in local development plans. The municipality of Savski Venac applied balanced scorecards as decision-making tools to structure its objectives and articulate them into the strategy. However, the energy efficiency, although perceived as a national priority, was not included in the developed municipality strategy map. This paper investigates the possibilities to integrate the energy efficiency objectives and the municipality strategic objectives, in order to identify and apply proper key performance indicators, targets and measures to improve energy efficiency in different sectors. The ultimate goal is to propose proper GHG mitigation measures to enhance energy efficiency that will fit within the local development strategy of the municipality of Savski Venac, to align the energy efficiency measures with its energy policy, to improve the selection process of the energy efficiency measures and to adjust it to the municipality needs.