Romania’s Investment in Renewable Energy – Positive or Negative Results?

Babonea Alina-Mihaela () and Gherman Monica Gabriela ()
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Babonea Alina-Mihaela: Economy 1, Academy of Economic Studies Bucharest
Gherman Monica Gabriela: Economy 1, Academy of Economic Studies Bucharest

Ovidius University Annals, Economic Sciences Series, 2014, vol. XIV, issue 1, 251-256

Abstract: In times of crisis, renewable energy sources have become more attractive for investors. It is considered that investment in renewable energy will provide medium and long term practical solutions for multiple economic crises, will improve the life quality, will eradicate poverty population, sustain the environment development and rebalance the economic situation for the states. Energy crises at states levels and their extension in time lead to a shift regarding the investors concern in fields that are updated to the current market needs. This paper will explore renewable energy sources reported to the global and local results. This study will identify potential investments in this sector in Romania taking into account the positive results and their effects on current and future energy market. In this way it shall be explained if Romania is an attractive area for investments in renewable energy and if the results of these investments are a solution or a risk for the Romanian economy.

Keywords: Renewable Energy; Sustainable Development; Investment; Economic Recovery; Risk. (search for similar items in EconPapers)
JEL-codes: E20 (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:ovi:oviste:v:xiv:y:2014:i:1:p:251-256

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