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The economics of greening Romania’s energy supply system

Author

Listed:
  • Govinda Timilsina

    (World Bank)

  • Erika Jorgensen

    (World Bank)

Abstract

Despite the declining trends in total energy consumption, greenhouse gas emissions, energy intensity, and emission intensity over the past two decades, Romania still emits more greenhouse gas per unit of output than many other members of the European Union. The country is looking for further greening of its energy supply system to achieve the clean energy and climate change mitigation goals included in the European Union’s 2030 target and 2050 Roadmap. Using an energy supply optimization model, TIMES, this study develops energy supply mixes for Romania under a baseline scenario that satisfies the European Union’s current energy and climate targets for 2020, a green scenario that satisfies the European Union’s 2030 energy and climate targets, and a super green scenario that satisfies the European Union’s prospective 2050 energy road map. The study finds that although Romania could achieve the green scenario at a moderate cost, it would be challenging and costly to achieve the super green scenario.

Suggested Citation

  • Govinda Timilsina & Erika Jorgensen, 2018. "The economics of greening Romania’s energy supply system," Mitigation and Adaptation Strategies for Global Change, Springer, vol. 23(1), pages 123-144, January.
    • Handle: RePEc:spr:masfgc:v:23:y:2018:i:1:d:10.1007_s11027-016-9733-9
    DOI: 10.1007/s11027-016-9733-9
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    References listed on IDEAS

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    1. World Bank, 2016. "World Development Indicators 2016," World Bank Publications - Books, The World Bank Group, number 23969.
    2. Vlad Gabriel Cârstea & Alexandra Irina Dănciulescu & Ioana Gabriela Fîntînă, 2010. "Alternative Energies’ Management In Romania – Member State Of European Union," Romanian Economic Business Review, Romanian-American University, vol. 5(1), pages 114-120, March.
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    Cited by:

    1. Lauer, Markus & Leprich, Uwe & Thrän, Daniela, 2020. "Economic assessment of flexible power generation from biogas plants in Germany's future electricity system," Renewable Energy, Elsevier, vol. 146(C), pages 1471-1485.
    2. Timilsina, Govinda R., 2021. "Are renewable energy technologies cost competitive for electricity generation?," Renewable Energy, Elsevier, vol. 180(C), pages 658-672.
    3. Timilsina, Govinda R. & Pang, Jun & Yang, Xi, 2021. "Macroeconomic impacts of power sector reforms in China," Energy Policy, Elsevier, vol. 157(C).

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