Browsing: energy efficiency

Introduction. More and more leaders realize that the wider use of renewable energy brings many benefits on long-term, both for the enterprises and for the whole society in the process of developing the smart grids. One of the continuing concerns of any leader at any level must be the energy efficiency growth for all the users, individuals or legal entities. A good corporate leader supports a wider use of the renewable energy because thereby he promotes the care for the environment through the clean energy, the green economy idea in general, which will create him a positive image in the community and he will be considered a good representative of “corporate social responsibility”, by reducing the social ethical implications of strategies adopted.

Aim of the study. The more there will be more leaders who will promote the idea of production and use of alternative and renewable energy will be required also a greater involvement of the state in the use of the economic policy instruments in order to increase the investments in the infrastructure, to encourage the innovations in this field and to establish the regulations guiding of the specific markets mechanisms and the responsibilities and roles of each economic subject.
Keywords: renewable energy, energy efficiency, wind energy, solar energy, hydropower, energy potential, energy consumption
JEL Classification: D21, D24, L26, L94, M11, M14, Q42, Q47

Introduction. Increasing energy efficiency should be a concern for both the firm managers and any leader at any level, given that energy efficiency significantly reduce production costs. An important aspect of this is the use of renewable energy sources, in different types of activities, depending on the possibilities to produce it on favorable terms, to supply at relatively low costs and to efficiently consume it both in the producing units and the households. A skilful and powerful leader will seek and support, through its influence, all the means that determine the reduction of the production costs and obtain a profit as high as possible.

Aim of the study. This paper aims to highlight that a wider use of renewable energy promotes concern for the environment through clean energy, for reducing pollution and for facilitate, in some cases, even the increase of the production with the same costs or lower costs. In agriculture, industry, transports and household consumption, a high importance presents the geothermal energy and the biomass as source of energy.
Keywords: energy efficiency, geothermal energy, biomass, bio-fuel, energy production, energy, biological agriculture
JEL Classification: D21, D24, L26, L94, M11, M14, Q42, Q47