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The Impact Of The Changes In The Romanian Electricity Markets On The Household Consumer

Author

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  • Alexandru Maxim

    (The Doctoral School of Economics and Business Administration, Alexandru Ioan Cuza University of Iasi, Romania)

Abstract

Romania’s electricity sector has undergone significant reforms as a result of the country’s accession to the EU. The aim of this paper is to assess how the recent changes in the Romanian electricity markets are impacting the household consumer segment. We first provide a brief description of the various modifications observed within the industry over the last few years and then assess, from an energy marketing perspective, how they affect household consumers of electricity. The study is based on secondary research. We conclude that a new and more complex pricing mechanism has emerged and that household consumers have a constrained freedom on the liberalized market.

Suggested Citation

  • Alexandru Maxim, 2013. "The Impact Of The Changes In The Romanian Electricity Markets On The Household Consumer," Review of Economic and Business Studies, Alexandru Ioan Cuza University, Faculty of Economics and Business Administration, issue 11, pages 92-109, June.
  • Handle: RePEc:aic:revebs:y:2013:i:11:maxima
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    Cited by:

    1. Cătălina NEDELCU & Mihail BUȘU, 2022. "An Analysis of the Liberalization Process of Gas Market for Household Consumers in Romania," Management and Economics Review, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 7(2), pages 228-237, June.

    More about this item

    Keywords

    Electricity sector; Household consumers; Liberalization;
    All these keywords.

    JEL classification:

    • Q41 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Demand and Supply; Prices
    • M31 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Marketing and Advertising - - - Marketing

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