DIGITALIZATION OF THE ENERGY SECTOR IN THE REPUBLIC OF MOLDOVA: AN ESSENTIAL STEP FOR RESILIENCE AND SUSTAINABILITY
Oleg Petelca (),
Ciprian-Constantin Pătrăuceanu (),
Iurie Beșliu () and
Veronica Garbuz ()
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Oleg Petelca: Alexandru Ioan Cuza University of Iași, România
Ciprian-Constantin Pătrăuceanu: University of Oradea, România
Iurie Beșliu: Alecu Russo State University of Bălți
Veronica Garbuz: Alecu Russo State University of Bălți, Republic of Moldova
Annals of Faculty of Economics, 2024, vol. 33, issue 2, 14-25
Abstract:
The Republic of Moldova’s energy sector faces significant challenges, including reliance on imported energy, outdated infrastructure, and increased demand for sustainable solutions. Digitalization offers a transformative pathway to enhance resilience, optimize resource use, and improve energy efficiency. This article explores the benefits and challenges of digitalizing Moldova’s energy sector, focusing on smart grid implementation, data-driven decision-making, and the integration of renewable energy. By adopting digital solutions, Moldova can build a more robust, sustainable energy system that aligns with European energy standards and addresses the country’s unique challenges.
Keywords: sustainability transition; energy sector; digitalization; reducing dependency; energy supply (search for similar items in EconPapers)
JEL-codes: F15 L94 L95 (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:ora:journl:v:2:y:2024:i:2:p:14-25
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