Bibliogr. s. 77-78

Liechtenstein is the fourth smallest country in Europe, which determines the low economic importance of this country on the international arena. Therefore, Liechtenstein is usually overlooked in the analysis of economic policies in various countries, including the energy sector. However, the analysis of such a small country brings a valuable complement to researches on potential and challenges with regard to the implementation of energy transformation policy especially taking into account the countries with poor capabilities. It should be emphasised that due to difficult geographical conditions and strong external influences, deepened analysis of the process of formulating energy policy in Liechtenstein should arouse the interest of those countries that suffer geographical disadvantages to strengthen their energy security.