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Renewable Energy – A New Direction In The European Energy Market Evolution

Author

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  • Delia Vasilica Rotaru

    (Alexandru Ioan Cuza University of Iasi, Romania)

Abstract

Nowadays, renewable energy represents one of the most debated subjects on the global energy market. The global warming and the constraints of the traditional energy resources led to the reorientation of countries in exploiting alternative resources. This paper offers a presentation of the main sources of renewable energy present worldwide and the way these can be exploited. Also, the paper analyses the main policies and taxes put in practice by the EU members to support the development of renewable sector, given the 2012/27/EU Directive that establishes several targets that need to be achieved on the market by 2020. Finally, the evolution of the main renewable energy market indicators is being reviewed, showing that considerable progress has been made in the last few years.

Suggested Citation

  • Delia Vasilica Rotaru, 2014. "Renewable Energy – A New Direction In The European Energy Market Evolution," CES Working Papers, Centre for European Studies, Alexandru Ioan Cuza University, vol. 6(2a), pages 161-170, August.
    • Handle: RePEc:jes:wpaper:y:2014:v:6:i:2a:p:161-170
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    File URL: http://www.ceswp.uaic.ro/articles/CESWP2014_VI2A_ROT.pdf
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    More about this item

    Keywords

    renewable energy; energy efficiency; CO2 emissions Romania;
    All these keywords.

    JEL classification:

    • Q01 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - General - - - Sustainable Development
    • Q42 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Alternative Energy Sources
    • Q54 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Climate; Natural Disasters and their Management; Global Warming

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