IDEAS home Printed from https://ideas.repec.org/a/cmj/seapas/y2019i21p197-203.html
   My bibliography  Save this article

The Effects Of Electricity From Renewable Energy For The Energy Security Of Romania

Author

Listed:
  • Mihaela IONESCU

    (University of Oradea)

Abstract

In this article, the author presents some aspects of the Romanian energy system which undergoes crucial transformations in the conditions of sustainable development. The promotion of energy from renewable resources is one of the challenges currently facing the Romanian economy. Due to the efficient political support so far, the electricity generated by renewable energy already represents a relevant share of 24%. As a result, forced market integration and higher renewable energy supply are considered crucial in the next stages of the transformation process. In the long term, the opportunity of installing new coal and natural gas capacities will be given by the evolution of the prices of the ETS certificates, the necessity of establishing a strategic reserve for the SEN safety, the increase of the demand for electricity, the performance of the installed capacities, of the prices of technologies. Romania is among the 14 EU member states that maintain the option of using nuclear energy and investments in two nuclear power plants. But the energy produced by nuclear power plants can be replaced by electricity obtained from renewable sources with much lower costs under sustainable development conditions.

Suggested Citation

  • Mihaela IONESCU, 2019. "The Effects Of Electricity From Renewable Energy For The Energy Security Of Romania," SEA - Practical Application of Science, Romanian Foundation for Business Intelligence, Editorial Department, issue 21, pages 197-203, December.
    • Handle: RePEc:cmj:seapas:y:2019:i:21:p:197-203
    as

    Download full text from publisher

    File URL: http://seaopenresearch.eu/Journals/articles/SPAS_21_4.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Lion Hirth, 2015. "The Optimal Share of Variable Renewables: How the Variability of Wind and Solar Power affects their Welfare-optimal Deployment," The Energy Journal, International Association for Energy Economics, vol. 0(Number 1).
    2. Constantin ANGHELACHE & Valentin BICHIR & Alex BODISLAV & Oleg CARA, 2013. "Energy Management throughout European Union after Fukusima disaster," Romanian Statistical Review Supplement, Romanian Statistical Review, vol. 61(2), pages 106-115, May.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Madalina-Gabriela ANGHEL & Constantin ANGHELACHE & Alexandru MANOLE & Ana CARP, 2017. "The Strategy Of The European Union Member States In The Field Of Energy," Romanian Statistical Review Supplement, Romanian Statistical Review, vol. 65(8), pages 19-34, August.
    2. Gerbaulet, Clemens & von Hirschhausen, Christian & Kemfert, Claudia & Lorenz, Casimir & Oei, Pao-Yu, 2019. "European electricity sector decarbonization under different levels of foresight," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 141, pages 973-987.
    3. Keppler, Jan Horst & Quemin, Simon & Saguan, Marcelo, 2022. "Why the sustainable provision of low-carbon electricity needs hybrid markets," Energy Policy, Elsevier, vol. 171(C).
    4. Thao Pham & Killian Lemoine, 2020. "Impacts of subsidized renewable electricity generation on spot market prices in Germany : Evidence from a GARCH model with panel data," Working Papers hal-02568268, HAL.
    5. Goodarzi, Shadi & Perera, H. Niles & Bunn, Derek, 2019. "The impact of renewable energy forecast errors on imbalance volumes and electricity spot prices," Energy Policy, Elsevier, vol. 134(C).
    6. Goutte, Stéphane & Vassilopoulos, Philippe, 2019. "The value of flexibility in power markets," Energy Policy, Elsevier, vol. 125(C), pages 347-357.
    7. Marshman, Daniel & Brear, Michael & Ring, Brendan, 2022. "Impact of unit commitment and RoCoF constraints on revenue sufficiency in decarbonising wholesale electricity markets," Energy Economics, Elsevier, vol. 106(C).
    8. Ruhnau, Oliver & Hirth, Lion & Praktiknjo, Aaron, 2020. "Heating with wind: Economics of heat pumps and variable renewables," Energy Economics, Elsevier, vol. 92(C).
    9. Zerrahn, Alexander & Krekel, Christian, 2015. "Sowing the Wind and Reaping the Whirlwind? The Effect of Wind Turbines on Residential Well-Being," VfS Annual Conference 2015 (Muenster): Economic Development - Theory and Policy 112956, Verein für Socialpolitik / German Economic Association.
    10. Bolinger, Mark & Millstein, Dev & Gorman, Will & Dobson, Patrick & Jeong, Seongeun, 2023. "Mind the gap: Comparing the net value of geothermal, wind, solar, and solar+storage in the Western United States," Renewable Energy, Elsevier, vol. 205(C), pages 999-1009.
    11. Huppmann, Daniel & Egging, Ruud, 2014. "Market power, fuel substitution and infrastructure – A large-scale equilibrium model of global energy markets," Energy, Elsevier, vol. 75(C), pages 483-500.
    12. Sinn, Hans-Werner, 2017. "Buffering volatility: A study on the limits of Germany's energy revolution," European Economic Review, Elsevier, vol. 99(C), pages 130-150.
    13. Simshauser, Paul & Newbery, David, 2024. "Non-firm vs priority access: On the long run average and marginal costs of renewables in Australia," Energy Economics, Elsevier, vol. 136(C).
    14. Simshauser, Paul, 2021. "Renewable Energy Zones in Australia's National Electricity Market," Energy Economics, Elsevier, vol. 101(C).
    15. Bistline, John E.T. & Young, David T., 2020. "Emissions impacts of future battery storage deployment on regional power systems," Applied Energy, Elsevier, vol. 264(C).
    16. Philip Tafarte & Marcus Eichhorn & Daniela Thrän, 2019. "Capacity Expansion Pathways for a Wind and Solar Based Power Supply and the Impact of Advanced Technology—A Case Study for Germany," Energies, MDPI, vol. 12(2), pages 1-23, January.
    17. Huiru Zhao & Sen Guo, 2015. "External Benefit Evaluation of Renewable Energy Power in China for Sustainability," Sustainability, MDPI, vol. 7(5), pages 1-23, April.
    18. Kenneth Gillingham and Pei Huang, 2019. "Is Abundant Natural Gas a Bridge to a Low-carbon Future or a Dead-end?," The Energy Journal, International Association for Energy Economics, vol. 0(Number 2).
    19. Simshauser, Paul, 2020. "Merchant renewables and the valuation of peaking plant in energy-only markets," Energy Economics, Elsevier, vol. 91(C).
    20. Bistline, John & Santen, Nidhi & Young, David, 2019. "The economic geography of variable renewable energy and impacts of trade formulations for renewable mandates," Renewable and Sustainable Energy Reviews, Elsevier, vol. 106(C), pages 79-96.

    More about this item

    Keywords

    Economic growth; Energy mix; Energy security; Renewable energy;
    All these keywords.

    JEL classification:

    • B41 - Schools of Economic Thought and Methodology - - Economic Methodology - - - Economic Methodology
    • L51 - Industrial Organization - - Regulation and Industrial Policy - - - Economics of Regulation
    • F41 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Open Economy Macroeconomics
    • F43 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Economic Growth of Open Economies

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:cmj:seapas:y:2019:i:21:p:197-203. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Serghie Dan (email available below). General contact details of provider: https://seaopenresearch.eu/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.