RESTRUCTURING OF ROMANIA’S ENERGETIC SECTOR, PROCESS WITH IMPLICATIONS ON THE HUMAN FACTOR FROM WITHIN THE SECTOR

Ph. D. Mihai Cojocaru, Assist. Ph.D. Marian Gaman and Assist.Ph.D. Student Florin Barbu
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Ph. D. Mihai Cojocaru: University of Craiova Faculty of Economics Craiova, Romania
Assist. Ph.D. Marian Gaman: University of Craiova Faculty of Economics and Business Administration Craiova, Romania
Assist.Ph.D. Student Florin Barbu: University of Craiova Faculty of Economics and Business Administration Craiova, Romania

Revista Tinerilor Economisti (The Young Economists Journal), 2014, vol. 1, issue 23, 65-70

Abstract: The energetic sector represents a basic strategic infrastructure of the national economy, which the entire development of the country is based on, supplying a general economic interest service. Moreover, the energy represents a public utility with a powerful social impact. Due to these considerations, the development approach of this important sector of Romania’s national economy, is made with specific mechanisms as for a public interest utility, which needs more competitive mechanisms, where the price is formed through a free competition between a diversity of suppliers and clients, which become gradually free to buy the energy they need, based on stable and transparent market mechanisms, supervised by the regulating authorities and trading agents.

Keywords: general economic interest services; energy market; natural gas market regulated prices; vulnerable consumers; energy policy (search for similar items in EconPapers)
JEL-codes: D18 L95 N74 P48 Q43 Q47 Q48 (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:aio:rteyej:v:1:y:2014:i:23:p:65-70

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