ENEGY FORESTRY A SOURCE OF ENERGY FOR THE ROMANIAN ECONOMY

Margareta Rusu
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Margareta Rusu: Faculty of Management, The Bucharest University of Economic Studies, Romania

SEA - Practical Application of Science, 2014, issue 4, 667-674

Abstract: Using "grown fuels", as opposed to "fossil fuels" such as coal, natural gas and oil can be a possible solution to the global energy crisis by creating a decentralized power generation network. Wood is among the most efficient sources of bioenergy in terms of quantity of energy released by unit of carbon emitted compared with other energy crops. Research, development and innovation create new opportunities for the process of gathering and transforming the raw material into energy. Innovation should be targeted to deliver sustainability, biodiversity and economic growth. Romanian has a high potential and can develop energy forestry in order to reduce CO2 emissions and ensure an alternative energy solution and an energy reserve. This paper aims to analize the challenges and opportunities the biomass energy industry creates in the context of climate change mitigation which must be seen from an entrepreneurial perspective in Romania.

Keywords: Biomass; Climate change mitigation; Wood processing industry; Research; development and innovation (search for similar items in EconPapers)
JEL-codes: P28 P48 Q15 Q16 Q23 (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:cmj:seapas:y:2014:i:4:p:667-674

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