STRATEGIC OPTIONS FOR THE DEVELOPMENT OF RENEWABLE ENERGY IN THE CONTEXT OF GLOBALIZATION

Amelia Diaconu, Maria-Loredana Popescu, Sorin Burlacu and Ovidiu Cristian Andrei Buzoianu

Proceedings of the INTERNATIONAL MANAGEMENT CONFERENCE, 2019, vol. 13, issue 1, 1022-1029

Abstract: The energies that come from sources that either regenerate themselves shortly or are practically inexhaustible sources have put into practice the concept of renewable energy, a concept that is still debated today in the literature and found mostly in current research. Researches in the field concluded that renewable energies refer to forms of energy produced by the energy transfer of energy from renewable natural processes such as solar energy, wind, flowing water, biological processes and geothermal heat that can be captured by to people using different methods. European Union statistics collect data on energy sources typical examples of solar energy, wind and biomass. The statistics include data on renewable fuels such as biofuels or biomass and municipal renewable and non-renewable fuels: hydroelectric power plants; tides, waves or ocean energy; geothermal energy, wind energy, solar energy, or heat pumps. Our research aims to identify strategic options for the development of renewable energies in the context of globalization. Investigating specialized literature coupled with a statistical analysis of Europe's main renewable energy sources has allowed us to capture important peculiarities of globalization. Research findings may seem surprising, but they can be real action paths and development strategies for sustainable development.

Keywords: renewable energy; strategic options; sustainable development (search for similar items in EconPapers)
Date: 2019
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