The Importance of Photovoltaic Solar Panel Recycling in Romania: Aligning with the Green Deal and Fit for 55 Strategies

Bulgaru Ioan Andrei (), Nedelcu Alexandra (), Stănciulescu Raluca-Ioana () and Paraschiv Dorel-Mihai ()
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Bulgaru Ioan Andrei: Bucharest University of Economic Studies, Bucharest, Romania
Nedelcu Alexandra: Bucharest University of Economic Studies, Bucharest, Romania
Stănciulescu Raluca-Ioana: Bucharest University of Economic Studies, Bucharest, Romania
Paraschiv Dorel-Mihai: Bucharest University of Economic Studies, Bucharest, Romania

Proceedings of the International Conference on Business Excellence, 2024, vol. 18, issue 1, 715-724

Abstract: Romania’s flourishing solar energy sector necessitates responsible management of photovoltaic (PV) panel waste. The research examines at the current level of PV panel recycling and anticipates future production of waste. By examining data on solar production capacity and panel characteristics, the study forecasts a significant rise in PV waste. Supportive legislation and rising environmental consciousness have contributed to increased PV installations, but regulating the waste produced is essential. The analysis predicts a jump in trash volume, reaching at least 32,892 tons by 2033, a stunning 2336% increase over 2024–2032. This represents an exceptional chance for Romania to become a European leader in PV panel recycling. Romania could establish an innovative industry, acquire recycled materials for new panels, and encourage a circular solar energy economy if it optimizes its waste management. Together with EU policies to promote the use of recycled materials in the production process of new panels, a national PV waste management strategy needs to be developed, with collaboration between government, industry and environmental organizations. This paper provides significant insights for participants in Romania’s solar energy market. By identifying the challenges as well as opportunities relating to PV waste management, interested parties could collaborate proactively to build an economically viable future for solar energy in Romania.

Keywords: renewable energy; photovoltaic; recycling; circular economy (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:vrs:poicbe:v:18:y:2024:i:1:p:715-724:n:1003

DOI: 10.2478/picbe-2024-0062

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