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Energy Efficiency Financing, an Opportunity to Reduce Energy Poverty in the South-East Region of Romania

Author

Listed:
  • Doru Claudiu Damean

    („Ovidius” University of Constanța, Romania)

  • Diana Joita

    (School of Advanced Studies of Romanian Academy, Romania)

Abstract

Increasingly pressing aspects of the energy transition underline the recurring question about a measure of equity in this process, refering to individuals and communities. The European countries’strategies to address energy poverty include energy efficiency policies, which, however, require significant funding support. We propose, therefore, to carry out a study on how the European funding from the 2014-2020 programming period for energy efficiency was accessed in the SouthEastern region of Romania. The research methods used are case study and comparative analysis. We used the open data published by the management authorities for the operational programs in Romania and those of the European Commission. The results reveal the imbalance between the urban and the rural environment in terms of accessing non-reimbursable financing for energy efficiency. The conclusions of this study could be used in order to support local authorities to enhance their capacity to access financing in the period 2021-2027 as well.

Suggested Citation

  • Doru Claudiu Damean & Diana Joita, 2023. "Energy Efficiency Financing, an Opportunity to Reduce Energy Poverty in the South-East Region of Romania," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(2), pages 214-222, December.
    • Handle: RePEc:ovi:oviste:v:xxiii:y:2023:i:2:p:214-222
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    More about this item

    Keywords

    energy efficiency; energy poverty; energy transition; cohesion policy; sustainable development;
    All these keywords.

    JEL classification:

    • A14 - General Economics and Teaching - - General Economics - - - Sociology of Economics
    • D63 - Microeconomics - - Welfare Economics - - - Equity, Justice, Inequality, and Other Normative Criteria and Measurement
    • D78 - Microeconomics - - Analysis of Collective Decision-Making - - - Positive Analysis of Policy Formulation and Implementation
    • F36 - International Economics - - International Finance - - - Financial Aspects of Economic Integration
    • F63 - International Economics - - Economic Impacts of Globalization - - - Economic Development
    • F68 - International Economics - - Economic Impacts of Globalization - - - Policy
    • G28 - Financial Economics - - Financial Institutions and Services - - - Government Policy and Regulation
    • I38 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - Government Programs; Provision and Effects of Welfare Programs
    • P18 - Political Economy and Comparative Economic Systems - - Capitalist Economies - - - Energy; Environment
    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes

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