This has happened in Croatia, which has switched to a summer peaking system11 in recent years to respond to the growth in tourism and accompanying demand for air conditioning. While the six SEE economies typically have significant hydropower generation capacity, the increasing extremes of weather associated with climate change may render these electricity systems vulnerable in prolonged periods of very dry weather, especially as they are likely to coincide with heavy demand for air conditioning during the summer months. The second factor is the need to replace the large proportion of the generation capacity that is due to retire in the next ten years, while simultaneously building an energy system that allows the economies of the region to comply with their sustainability obligations under the Paris Agreement by investing in new clean energy technologies. No data available for Kosovo. One of their roles is to ensure a stable and predictable regulatory environment so that investors are confident that they will be subject to the consistent application of rules and regulations, including for example the licencing and permit granting procedures undertaken by regulators.