GREEN ENERGY PRODUCTION IN ROMANIA

Brindusa Radu

Internal Auditing and Risk Management, 2021, vol. 62, issue 2, 19-29

Abstract: Green energy is the popular name for renewable and non-polluting energy sources. Electricity generated from renewable sources is becoming more and more available. By choosing such renewable energy sources, consumers can support the development of clean energy that will reduce the impact on the environment associated with conventional energy generation and increase energy independence (Tuttle, 1901). Moreover, when these technologies can help the consumer by reducing the bills for different utilities (water, heating) and by a short payback time in the case of domestic water heating systems, the installation of solar panels becomes an extremely profitable investment. in the case of household consumers, hotels, hospitals, etc. The choice of such sources reduces the impact that traditional energy has on the environment. This type of energy comes from resources such as sunlight, wind, rain, tides, waves and heat (Popescu, 1995). Photovoltaic and wind energy is an example of green energy, being a solution to replace traditional energy. Solar energy is consistent and continuous, it acts all year round and is distinguished by its ability to be used quickly by a large part of the rural or even urban population.

Keywords: green energy; sustainable development (search for similar items in EconPapers)
JEL-codes: Q01 Q42 Q56 (search for similar items in EconPapers)
Date: 2021
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