Universitatea din Bucuresti, Facultatea de Administratie si Afaceri

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ISSN-L 1453-0503
ISSN (e) 2286-170X
ISSN (p) 1453-0503

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Risk Management In The Romanian Energy Sector In An Increasingly Uncertain European Context

 

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  1. Authors:
      • Ph. D. Cristina Necula, email: cristina.inecula@yahoo.com, Afiliation: Advanced Studies, Romanian Academy, Calea Victoriei, Bucharest, Romania

    Pages:
      • 50|60

  2. Keywords: state policy, energy security, energy union, renewable energy, greenhouse emission, energy security risks, green certificate scheme

  3. Abstract:
    OIn the current European context, the development of the renewable energy sector stays
    under the sign of the subsidies from the state. The renewable energy sector is developing fast, but needs subsidies
    to be competitive. The renewable technology is not mature enough and cannot compete with the classic
    power plants technology based on fossil fuel. The European energy sector is in a process of restructuring
    aiming to a carbon free and clean energy. The energy transition aims to reduce the greenhouse emission in
    order to limit the global warming to maximum 2°C until 2030.
    As part of the European Union, Romania has a role in the battle with decarbonazition and has to participate
    to the reduction of greenhouse emissions by contributing at the European Energy Union common
    targets.
    The management process has to be developed by the government. The state policy implementation
    involves a laborious undertaking planning objectives in the context of available technologies and energy
    market competition accentuation.

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