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The Challenges for Green Energy in Romania under Current Energy Crisis

Author

Listed:
  • Andreea - Emanuela Dragoi

    (Institute for World Economy, Romanian Academy, Bucharest, Romania)

  • Paul Calanter

    (Institute for World Economy, Romanian Academy, Bucharest, Romania)

  • Mihaela Gramaticu

    (Institute for World Economy, Romanian Academy, Bucharest, Romania)

  • Alina Dumitrescu

    (Institute for World Economy, Romanian Academy, Bucharest, Romania)

  • Alina-Cerasela Aluculesei

    (Institute for World Economy, Romanian Academy, Bucharest, Romania)

Abstract

This paper aimed to evaluate the impact of the current EU energy crisis on Romania s policies to boost green energy as a solution to balance the national energy mix. Our methodological approach was a mixed one using both bibliometric analysis and qualitative analysis based on experts interview. The bibliometric analysis has included 1085 research papers from the WOS database and indicates the main research focus at the international level in the green energy field. The second part of the study was based on 6 interviews with Romanian experts in the energy field (selected from a larger group according to their expertise of more than 10 years in fundamental research and their involvement in public policies and national strategies in the energy field). The interviews aimed to investigate the national opportunities to adopt green energy practices at affordable prices. Our research has highlighted that many of the international research trends investigated by researchers are similar to those indicated by the Romanian experts. Our main finding showed that although Romania has performed better than most European countries in increasing the renewable energy share in the national mix, there is still untapped potential in the field. However, Romania has several particularities, according to the interviews results, such as the national regulation, geographical potential, and the existing infrastructure. To fully develop green energy (according to the objectives of RePowerEU and Green Deal), Romania must better tailor its national policy, while providing a stable and predictable legal framework and increased subsidies for green energy.

Suggested Citation

  • Andreea - Emanuela Dragoi & Paul Calanter & Mihaela Gramaticu & Alina Dumitrescu & Alina-Cerasela Aluculesei, 2023. "The Challenges for Green Energy in Romania under Current Energy Crisis," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 25(64), pages 728-728, August.
    • Handle: RePEc:aes:amfeco:v:25:y:2023:i:64:p:728
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    References listed on IDEAS

    as
    1. Ingmar von Homeyer & Sebastian Oberthür & Claire Dupont, 2022. "Implementing the European Green Deal during the Evolving Energy Crisis," Journal of Common Market Studies, Wiley Blackwell, vol. 60(S1), pages 125-136, September.
    2. Roxana Voicu-Dorobanțu & Clara Volintiru & Maria-Floriana Popescu & Vlad Nerău & George Ștefan, 2021. "Tackling Complexity of the Just Transition in the EU: Evidence from Romania," Energies, MDPI, vol. 14(5), pages 1-22, March.
    3. Bigerna, Simona & D'Errico, Maria Chiara & Polinori, Paolo, 2020. "Heterogeneous impacts of regulatory policy stringency on the EU electricity Industry:A Bayesian shrinkage dynamic analysis," Energy Policy, Elsevier, vol. 142(C).
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    green energy; Romania; RePowerEU; Green Deal;
    All these keywords.

    JEL classification:

    • P18 - Political Economy and Comparative Economic Systems - - Capitalist Economies - - - Energy; Environment
    • P48 - Political Economy and Comparative Economic Systems - - Other Economic Systems - - - Legal Institutions; Property Rights; Natural Resources; Energy; Environment; Regional Studies
    • P49 - Political Economy and Comparative Economic Systems - - Other Economic Systems - - - Other
    • Q4 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy
    • Q42 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Alternative Energy Sources
    • Q48 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Government Policy
    • Q49 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Other

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