Factors of impact on the evolution of electricity markets from renewable energy sources: a comparison between Romania and Germany

Roxana Clodnițchi and Chinie Alexandra Cătălina
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Chinie Alexandra Cătălina: Bucharest University of Economic Studies, Bucharest, Romania

Management & Marketing, 2015, vol. 10, issue 1, 34-52

Abstract: When talking about the future of Europe we also think about alternative energy sources. It is up to national governments to decide how to encourage investments in this field in order to contribute to the 20-20-20 EU-objective. Until the network delivery cost for electricity produced from renewable sources will be comparable to the cost for energy from traditional sources ("grid parity"), the development of businesses and markets for electricity from renewable sources is going to be driven by support schemes. The state of the grids and the facility of grid-access constitute another two key factors influencing the development of this sector. Last but not least, the question of policy consistency is raised within the business community. Over the past years some support schemes have proved to be more effective than others, and grid conditions have also evolved. Policies supporting the development of renewables also changed at EU-level and at national levels. Based on statistics, scientific literature and the feedback of the business community, this study aims to analyse the development of renewable energy sectors in the European Union by comparing Germany’s and Romania’s experience. Also this study describes the current and expected future market situation in these countries relying on data gained from questionnaires and interviews with specialists in the renewable field.

Keywords: renewable energy; energy markets; support schemes; electricity; feed in tariffs; green certificates (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:vrs:manmar:v:10:y:2015:i:1:p:34-52:n:3

DOI: 10.1515/mmcks-2015-0003

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