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Romania’s Investment in Renewable Energy – Positive or Negative Results?

Author

Listed:
  • Babonea Alina-Mihaela

    (Economy 1, Academy of Economic Studies Bucharest)

  • Gherman Monica Gabriela

    (Economy 1, Academy of Economic Studies Bucharest)

Abstract

In times of crisis, renewable energy sources have become more attractive for investors. It is considered that investment in renewable energy will provide medium and long term practical solutions for multiple economic crises, will improve the life quality, will eradicate poverty population, sustain the environment development and rebalance the economic situation for the states. Energy crises at states levels and their extension in time lead to a shift regarding the investors concern in fields that are updated to the current market needs. This paper will explore renewable energy sources reported to the global and local results. This study will identify potential investments in this sector in Romania taking into account the positive results and their effects on current and future energy market. In this way it shall be explained if Romania is an attractive area for investments in renewable energy and if the results of these investments are a solution or a risk for the Romanian economy.

Suggested Citation

  • Babonea Alina-Mihaela & Gherman Monica Gabriela, 2014. "Romania’s Investment in Renewable Energy – Positive or Negative Results?," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(1), pages 251-256, May.
    • Handle: RePEc:ovi:oviste:v:xiv:y:2014:i:1:p:251-256
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    More about this item

    Keywords

    Renewable Energy; Sustainable Development; Investment; Economic Recovery; Risk.;
    All these keywords.

    JEL classification:

    • E20 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - General (includes Measurement and Data)

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