Essentialities of Energy Market Liberalisation in Romania
Emilia Ungureanu () and
Florentina Cristina Bâldan ()
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Emilia Ungureanu: University of Pitesti
Florentina Cristina Bâldan: University of Pitesti
Ovidius University Annals, Economic Sciences Series, 2016, vol. XVI, issue 2, 284-289
Abstract:
The paper „Essentialities of Energy Market Liberalization in Romania†presents the mainaspects concerning the energy market liberalization and the electricity consumption recorded atnational level. The electricity consumption has a great importance in analyzing the production andretail energy market, as this is showing the demand-offer equilibrium for the entire electro-energysystem. Market liberalization became mandatory in Romania, with the adhesion to European Union. Energy price liberalization in our country was a difficult process. Leaders of EU imposed onGovernment a pricing liberalization calendar with the mention that not respecting it, the country isobliged to pay substantial penalties.
Keywords: energy sector; electrical energy; market liberalization; regulated segment (search for similar items in EconPapers)
JEL-codes: D40 D49 L80 (search for similar items in EconPapers)
Date: 2016
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Persistent link: https://EconPapers.repec.org/RePEc:ovi:oviste:v:xvi:y:2016:i:2:p:284-289
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