MONITORING COSTS WITH ELECTRICITY PRODUCTION FROM RENEWABLE SOURCES BY MEANS OF ECONOMETRIC TOOLS

Sorin Teiusan and L.M. Rof ()
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L.M. Rof: 1 Decembrie 1918 University of Alba Iulia

Romanian Journal of Economics, 2013, vol. 37, issue 2(46), 91-111

Abstract: This paper presents the need for capitalization of electricity production from renewable sources, as an alternative for the future, and the need to know and trace costs generated by this type of production. The paper follows three main objectives: to present general aspects of the theme in literature, to determine the extent to which our country has complied with the specifications on the promotion of renewable energy sources under the Official Journal of the European Union, and to use to econometric tools for tracking and forecasting costs with electricity production from renewable sources. The statistical assumptions and results obtained from the study will be presented and validated. The study will be made at SC Hidroelectra SA (Corporation), a strategic hydropower producer from our country. Personal contribution is reflected in the investigation of a segment of unexploited energy production and in the presentation of appropriate conclusions drawn from the case study on the importance of exploiting the hydropower potential of our country and ensuring operational control of costs in the production of hydropower.

Keywords: renewable energy; hydropower potential; energy costs; econometric model. (search for similar items in EconPapers)
JEL-codes: C5 Q2 Q4 (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:ine:journl:v:2:y:2013:i:44:p:91-111

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