a) Description of the component Summary, LOW-CARBON ECONOMY Policy area: energy sector, energy efficiency, social policy. Objective: The main objective of this component is to decrease the carbon footprint and energy intensity of the economy and to contribute to the green transition by implementing measures to increase the energy. efficiency of residential, industrial and public buildings and by promoting generation of electricity from RES. Of a key importance will be to modernise the activities for planning, management and maintenance of the country's electricity grid and to complete the reform of the energy market towards full liberalisation of trade.