Romania's Energy Security in The Context of the European Green Deal Requirements

Paul Calanter ()
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Paul Calanter: Institute for World Economy, Romanian Academy

Global Economic Observer, 2023, vol. 11, issue 2, 55-62

Abstract: Presently there is a large consensus stating that while energy security remains key for assuring the consumption needs in Romania, its fulfilment may be achieved through two essential factors: the accessibility of resources and their long term availability. In the current geopolitical context, this paper aims to analyse Romania's energy security considering the aspects regarding the European Green Deal. Therefore, in the first part of the paper, there will be presented the general considerations regarding Romania's energy security and the possibility for Romania to become a regional energy security provider. In the second part of the paper, an analysis will be carried out on the functioning of the national system for the 2023-2024 winter, namely forecasts will be made on energy production and consumption while presenting the necessary measures for the proper functioning of economic operators' activities.

Keywords: energy security; Green Deal; policies; energy efficiency (search for similar items in EconPapers)
JEL-codes: Q42 Q47 Q48 (search for similar items in EconPapers)
Date: 2023-12
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