CURRENT CONCERNS AND TRENDS IN THE BUSINESS OF RENEWABLE ENERGY

Alexandra Catalina Chinie ()
Additional contact information
Alexandra Catalina Chinie: Academy of Economic Studies, Bucharest, Romania

Management Research and Practice, 2014, vol. 6, issue 4, 5-22

Abstract: Achieving sustainable growth of the renewable energy market is vital in order to reach global targets for sustainability and environmental improvement. The present paper analyzes changes in the market of renewable energy, technological advances, potential benefits, as well as present and future obstacles. Changes of the renewable energy support systems have lead to a reconsideration of what drives investments in the field and how the business can be fostered on the long-term. Although significant reductions of the costs for renewable energy have been achieved, as is the case of photovoltaic energy, the high investment cost, as well as the difference between prices for energy from renewable sources and prices for conventional energy, still represent barriers to be overcome by the investors. Ways of improving the distribution and storage of energy from renewable energy are continuously being researched. The present paper empirically proves the importance of entrepreneurship and innovative business models in developing the renewable energy market, as well as technological research that would lead to the long-term cost efficiency of renewable energy.

Keywords: renewable energy market; renewable energy technology; support system; business models; collaboration. (search for similar items in EconPapers)
Date: 2014
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
https://mrp.ase.ro/no64/f1.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:rom:mrpase:v:6:y:2014:i:4:p:5-22

Access Statistics for this article

Management Research and Practice is currently edited by Colesca Sofia

More articles in Management Research and Practice from Research Centre in Public Administration and Public Services, Bucharest, Romania Contact information at EDIRC.
Bibliographic data for series maintained by Colesca Sofia ().