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Romanian Energy Market Evolution: Towards A Common European Market

Author

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  • Delia Vasilica Rotaru

    (Alexandru Ioan Cuza University of Iasi, Romania)

Abstract

This paper is offering a presentation of the energy market in Romania by analyzing its characteristics before and after the fall of communism. Becoming a member of the European Union brought many challenges for our country on different levels, the restructuring of the energy market being one of them. The final aim of the European Union is to create a common European energy market based on sustainable development where the consumers would benefit from quality services and lower prices. An insight on how the market is currently functioning in Romania is provided together with a presentation of the new challenges we have to face in reaching a fully liberalized energy market.

Suggested Citation

  • Delia Vasilica Rotaru, 2013. "Romanian Energy Market Evolution: Towards A Common European Market," CES Working Papers, Centre for European Studies, Alexandru Ioan Cuza University, vol. 5(4), pages 577-587, December.
    • Handle: RePEc:jes:wpaper:y:2013:v:5:i:4:p:577-587
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    File URL: http://www.ceswp.uaic.ro/articles/CESWP2013_V4_ROT.pdf
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    More about this item

    Keywords

    liberalization; energy market; European policy; regulation; challenge Romania;
    All these keywords.

    JEL classification:

    • D47 - Microeconomics - - Market Structure, Pricing, and Design - - - Market Design
    • L11 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Production, Pricing, and Market Structure; Size Distribution of Firms
    • O25 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - Industrial Policy

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