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Best Practices for a Sustainable Energy Sector at European Union Level – Chances and Challenges for Romania

Author

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  • Adrian Tan?ãu

    (Bucharest University of Economic Studies, Bucharest, Romania)

  • Ana-Maria Iulia ªanta

    (Bucharest University of Economic Studies, Bucharest, Romania)

Abstract

Sustainability is a trend reflected nowadays both at global level and at European Union level. This applies as well to the energy policy sector, which is being modernized considering the sustainable use of resources. This trend finds its concrete expression in the package “Clean Energy for All Europeans” adopted by the European Commission in 2016, containing measures for a modernized energy sector of the European Union, based on an Energy Union, on clean energy and renewable energies and on energy efficiency. Measures in order to build a legal an institutional framework supporting the achievement of these goals are designed in this package. The idea of a harmonized energy sector of the European Union developed in time in the past twenty years, with several steps performed in this direction. The energy sector has been liberalized, competition rules have been applied considering consumer welfare as well the development of a new and innovative business environment. The consumer focus as a novelty in the design of energy policy is gaining more and more importance. The present paper deals with best practices related to the developments of a sustainable energy sector at European Union level, assessing as well new perspectives, chances and challenges arising for Romania in this context. Case studies illustrate these issues in a comparative manner, using an interdisciplinary approach based on mixed methods and integrating aspects of business, economics, European Union Law and European policies.

Suggested Citation

  • Adrian Tan?ãu & Ana-Maria Iulia ªanta, 2019. "Best Practices for a Sustainable Energy Sector at European Union Level – Chances and Challenges for Romania," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 21(52), pages 697-697, August.
    • Handle: RePEc:aes:amfeco:v:21:y:2019:i:52:p:697
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    References listed on IDEAS

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    1. Mastropietro, Paolo & Rodilla, Pablo & Batlle, Carlos, 2015. "National capacity mechanisms in the European internal energy market: Opening the doors to neighbours," Energy Policy, Elsevier, vol. 82(C), pages 38-47.
    2. Pelau, Corina & Pop, Nicolae Al., 2018. "Implications for the energy policy derived from the relation between the cultural dimensions of Hofstede's model and the consumption of renewable energies," Energy Policy, Elsevier, vol. 118(C), pages 160-168.
    3. Adrian Dumitru Tantau & Maria Alexandra Maassen & Laurentiu Fratila, 2018. "Models for Analyzing the Dependencies between Indicators for a Circular Economy in the European Union," Sustainability, MDPI, vol. 10(7), pages 1-13, June.
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    Cited by:

    1. Agnes Horvath & Adrienn Takacs Papp, & Katalin Liptak & Laszlo Molnar & Klara Szucs Markovics & Ioana Manafi & Zoltan Musinszki, 2022. "Decarbonisation and financial performance of energy companies," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 24(61), pages 701-701, August.
    2. Stanislav Zabojník & Dusan Steinhauser & Viktoria Pestova, 2023. "EU Decarbonisation: Do EU Electricity Costs Harm Export Competitiveness?," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 25(63), pages 522-522, April.
    3. Alexandra Catalina NEDELCU & Mihail BUSU, 2022. "An Overview of the Gas Market in Romania in the Context of the Liberalization Process," REVISTA DE MANAGEMENT COMPARAT INTERNATIONAL/REVIEW OF INTERNATIONAL COMPARATIVE MANAGEMENT, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 23(2), pages 231-241, May.

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    More about this item

    Keywords

    best practices; sustainable energy sector; energy policy; Clean Energy.;
    All these keywords.

    JEL classification:

    • Q01 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - General - - - Sustainable Development
    • Q20 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - General
    • Q40 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - General
    • Q42 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Alternative Energy Sources
    • Q47 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Energy Forecasting

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