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Monitoring Costs With Electricity Production From Renewable Sources By Means Of Econometric Tools

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  • S.C. TEIUSAN

    (1 Decembrie 1918 University of Alba Iulia)

  • L.M. ROF

    (1 Decembrie 1918 University of Alba Iulia)

Abstract

This paper presents the need for capitalization of electricity production from renewable sources, as an alternative for the future, and the need to know and trace costs generated by this type of production. The paper follows three main objectives: to present general aspects of the theme in literature, to determine the extent to which our country has complied with the specifications on the promotion of renewable energy sources under the Official Journal of the European Union, and to use to econometric tools for tracking and forecasting costs with electricity production from renewable sources. The statistical assumptions and results obtained from the study will be presented and validated. The study will be made at SC Hidroelectra SA (Corporation), a strategic hydropower producer from our country. Personal contribution is reflected in the investigation of a segment of unexploited energy production and in the presentation of appropriate conclusions drawn from the case study on the importance of exploiting the hydropower potential of our country and ensuring operational control of costs in the production of hydropower.

Suggested Citation

  • S.C. Teiusan & L.M. Rof, 2013. "Monitoring Costs With Electricity Production From Renewable Sources By Means Of Econometric Tools," Romanian Journal of Economics, Institute of National Economy, vol. 37(2(46)), pages 91-111, December.
    • Handle: RePEc:ine:journl:v:2:y:2013:i:44:p:91-111
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    1. repec:dau:papers:123456789/7463 is not listed on IDEAS
    2. Iuliana Cenar, 2011. "Guiding Marks Regarding the Reasoning of Scientific Research in Accounting," Annals of the University of Petrosani, Economics, University of Petrosani, Romania, vol. 11(1), pages 51-58.
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      More about this item

      Keywords

      renewable energy; hydropower potential; energy costs; econometric model.;
      All these keywords.

      JEL classification:

      • C5 - Mathematical and Quantitative Methods - - Econometric Modeling
      • Q2 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation
      • Q4 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy

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