THE EVOLUTION OF THE PRODUCTION AND THE GLOBAL ENERGY CONSUMPTION

Viorel Pop
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Viorel Pop: Vasile Goldis Western University of Arad

Management Intercultural, 2017, issue 38, 67-73

Abstract: Energy is an essential factor regarding the economic development and for providing a high standard of living to the population of any country. Because energy is produced mainly using classic fuels (coal, oil and gas) for a few decades there are signals regarding their exhaustion. Therefore, mankind should concern more about finding viable alternatives to replace the classical fuels. This way the use of nuclear fuels appeared, then the force of the wind, of the tides and of the photovoltaic cells. However, there are still enough energy resources for further growth of the global energy production. The great consumers are both the major energy producers, only their hierarchy has changed and changes over time. The paper presents all these countries, and also Romania, including its specific developments in recent years.

Keywords: Energy; Production; Consumption; Clean energy; Energy intensity (search for similar items in EconPapers)
JEL-codes: A20 D63 E24 J21 J71 M53 (search for similar items in EconPapers)
Date: 2017
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Persistent link: https://EconPapers.repec.org/RePEc:cmj:interc:y:2017:i:38:p:67-73

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