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Financing Green Energy in Romania

Author

Listed:
  • Regnealã Horaþiu

    (Bucharest University of Economic Studies, Bucharest, Romania)

  • Paicu (Coraº) Eliza Laura

    (Bucharest University of Economic Studies, Bucharest, Romania)

Abstract

Improving energy efficiency refers to a reduction in energy used for a given service, usually associated with technological change, better organization and management or improved economic conditions. In our study we focus on how different financing programmes or options facilitate the development of these parameters that enhance energy efficiency. Consequently, this study wishes to approach the challenge of presenting the background of the actions of financing energy efficiency projects in Europe, as well as covering the existing such programs in Romania, providing insights on the most popular financing instruments on the market. Based on information received from experts (managers from energy sector) in Romania, this paper empirically explores the range of financing instruments available on the Romanian market, existing funding programs and the accessibility of these financing solutions for developers of energy efficiency.

Suggested Citation

  • Regnealã Horaþiu & Paicu (Coraº) Eliza Laura, 2015. "Financing Green Energy in Romania," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(1), pages 347-353, May.
    • Handle: RePEc:ovi:oviste:v:xv:y:2015:i:1:p:347-353
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    File URL: http://stec.univ-ovidius.ro/html/anale/RO/2015/ANALE%20vol%2015_issue_1_pt%20site.pdf
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    More about this item

    Keywords

    energy efficiency; financing schemes; green energy; financial risk;
    All these keywords.

    JEL classification:

    • M1 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration

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