The Necessity of Developing Nuclear Energy in Romania in the Context of Global Economy Expansion

Dana-Elena MARCEAN Holban ()
Additional contact information
Dana-Elena MARCEAN Holban: Dunarea de Jos University of Galati, Romania

Economics and Applied Informatics, 2015, issue 3, 53-60

Abstract: Energy is one of the most important elements of the global economy, being the basic unit of world economic development. In the energy mix, nuclear energy - more than any other type of energy - has generated and will always generate a series of controversies. This article aims to emphasize the economic and social implications, further than the general purpose of developing nuclear energy: national energetic security. With the starting point clearly defined – the history already written by the operation of Unit 1 and 2 – the path to discover all its elements seems to be clear, although a whole range of unknown issues can rise many different interpretations. In Romania, nuclear energy produces 18% of Romania's electricity supplies. Development of Units 3 and 4 of the Cernavoda site could more than double this capacity. This will have major implications in the trading market, significantly influencing the price of electricity not only nationally, but, in the context coupling energy markets, as well as at regional level. It is also risen the question of using this additional production. Depending on the time of commissioning, this quantity of energy that now seems overmuch, can be used for export, to reduce the use of fossil fuels and to continue to obtain electricity in the context of a system based on power plants that use fossil fuels, whose lifespan is nearing completion.

Keywords: Electric energy; Nuclear; Economic development (search for similar items in EconPapers)
Date: 2015
References: View complete reference list from CitEc
Citations:

Downloads: (external link)
http://www.eia.feaa.ugal.ro/images/eia/2015_3/Marcean.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ddj:fseeai:y:2015:i:3:p:53-60

Access Statistics for this article

More articles in Economics and Applied Informatics from "Dunarea de Jos" University of Galati, Faculty of Economics and Business Administration Contact information at EDIRC.
Bibliographic data for series maintained by Gianina Mihai ().