Economic Issues in the Wind Energy Development at World and European Level

Dana Elena Holban (), Angela Eliza Micu () and Costin Sorici
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Dana Elena Holban: Dunarea de Jos University of Galati, Romania
Angela Eliza Micu: Ovidius University of Constanta, Romania
Costin Sorici: Ovidius University of Constanta, Romania

Economics and Applied Informatics, 2013, issue 2, 11-14

Abstract: Energy has become increasingly more a commodity we can not replace, a good without which modern life can not exist. Over time, sources of energy have experienced several stages of development. The quantitative involution of energy sources from fossil fuels, leading with climate change and a range of additional costs due to their scarcity, have led scientists to find them a replacement. Like any large-scale technological innovation, electricity obtained from wind power required huge cost of implementation, turning out to be a real industry. Nowadays, the investment costs are still high, but the need of this type of power to operate, made the results worth the financial efforts of those involved. Increasingly used both in developed countries and in contries with developing economies, wind energy turns out to be not only in line with sustainable development, but also profitable for investors.

Keywords: Energy; Wind; Development (search for similar items in EconPapers)
JEL-codes: F18 P28 Q42 (search for similar items in EconPapers)
Date: 2013
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