ROMANIAN ENERGY MARKET EVOLUTION: TOWARDS A COMMON EUROPEAN MARKET

Delia Rotaru ()
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Delia Rotaru: Alexandru Ioan Cuza University of Iasi, Romania

CES Working Papers, 2013, vol. 5(4), issue 4, 577-587

Abstract: This paper is offering a presentation of the energy market in Romania by analyzing its characteristics before and after the fall of communism. Becoming a member of the European Union brought many challenges for our country on different levels, the restructuring of the energy market being one of them. The final aim of the European Union is to create a common European energy market based on sustainable development where the consumers would benefit from quality services and lower prices. An insight on how the market is currently functioning in Romania is provided together with a presentation of the new challenges we have to face in reaching a fully liberalized energy market.

Keywords: liberalization; energy market; European policy; regulation; challenge Romania (search for similar items in EconPapers)
JEL-codes: D47 L11 O25 (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:jes:wpaper:y:2013:v:5:i:4:p:577-587

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