Navigating the Path to Sustainability: Modeling Romania’s Energy Transition with AI and Econometrics

Pisică Andrei (), Agafiţei Marina-Diana () and Manta Eduard-Mihai ()
Additional contact information
Pisică Andrei: Bucharest University of Economic Studies, Bucharest, Romania
Agafiţei Marina-Diana: Bucharest University of Economic Studies/National Scientific Research Institute for Labour and Social Protection, Bucharest, Romania
Manta Eduard-Mihai: Bucharest University of Economic Studies, Bucharest, Romania

Proceedings of the International Conference on Business Excellence, 2025, vol. 19, issue 1, 1440-1457

Abstract: This paper focuses on Romania and its transition to a sustainable energy model within the framework of global efforts to address climate change and foster economic modernisation. Although Romania has a broad energy mix, which includes hydro, wind, and solar resources with considerable potential for application for renewable energy, there are still challenges, particularly through reliance on fossil fuels and climate vulnerabilities. The research uses Fractional Multinomial Logistic Models (FMNL) and Recurrent Neural Networks (RNNs) to analyse relationships between energy production, GDP per capita, and input coefficients between different economic sectors. The research investigates the impact of energy sources on economic structures, the predictive accuracy of advanced models, and policy strategies for optimising Romania’s energy transition. The findings reveal a projected shift toward low-carbon, technology-driven industries by 2031, facilitated by renewable energy integration. The results highlight the importance of investments in green infrastructure, energy network modernisation, and support for emerging industries. This research provides actionable insights for policymakers and stakeholders, emphasising Romania’s potential to lead regional sustainability efforts. The research contributes to broader discussions on energy sustainability and economic resilience in the context of global environmental challenges by emphasising the significance of advanced modelling techniques.

Keywords: sustainable energy transition; renewable energy integration; econometric and AI modelling; energy policy optimisation; Romania energy strategy (search for similar items in EconPapers)
Date: 2025
References: Add references at CitEc
Citations:

Downloads: (external link)
https://doi.org/10.2478/picbe-2025-0114 (text/html)

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:vrs:poicbe:v:19:y:2025:i:1:p:1440-1457:n:1014

DOI: 10.2478/picbe-2025-0114

Access Statistics for this article

Proceedings of the International Conference on Business Excellence is currently edited by Alina Mihaela Dima

More articles in Proceedings of the International Conference on Business Excellence from Sciendo
Bibliographic data for series maintained by Peter Golla ().