Statistical Evaluation of the Energy, Economic and Social Potential from Renewable Sources in Romania

Violeta-Monica Radu (), Mariana Pipirigeanu (), György Deak () and Petra Ionescu ()
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Violeta-Monica Radu: National Institute for Research and Development in Environmental Protection, Romania
Mariana Pipirigeanu: National Institute for Research and Development in Environmental Protection, Romania
György Deak: National Institute for Research and Development in Environmental Protection, Romania
Petra Ionescu: National Institute for Research and Development in Environmental Protection, Romania

Eurasian Journal of Economics and Finance, 2019, vol. 7, issue 3, 44-51

Abstract: Worldwide, reducing energy consumption and increasing energy efficiency are the main objectives of an integrated approach to economic, energy and climate policy. The energy sector has vital importance for the economic and social development and improves the quality of life. Ensuring sufficient energy supply and broad access to energy services, particularly in the green from renewable sources is a basic requirement of sustainable development. The use of renewable energy has many potential benefits, including a reduction in greenhouse gas emissions, a diversification of energy supply and a reduction in dependency on fossil fuels markets. The development of renewable energy sources can also have the potential to stimulate employment by creating jobs in the new "green" technologies sector. In this context, the study aims to achieve a statistical evaluation on the energy potential from renewable sources in Romania. It also will carry out an assessment of the renewable energy sources available at national level and their potential benefits. Based on the results obtained, we emphasize that economic growth can be achieved by adopting a common vision based on efficient and nonpolluting alternatives for the energy production.

Keywords: Renewable Energy; Economic Development; Sustainable Development; Statistical Analysis (search for similar items in EconPapers)
Date: 2019
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