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The Evolution Of The Production And The Global Energy Consumption

Author

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  • Viorel POP

    (Vasile Goldis Western University of Arad)

Abstract

Energy is an essential factor regarding the economic development and for providing a high standard of living to the population of any country. Because energy is produced mainly using classic fuels (coal, oil and gas) for a few decades there are signals regarding their exhaustion. Therefore, mankind should concern more about finding viable alternatives to replace the classical fuels. This way the use of nuclear fuels appeared, then the force of the wind, of the tides and of the photovoltaic cells. However, there are still enough energy resources for further growth of the global energy production. The great consumers are both the major energy producers, only their hierarchy has changed and changes over time. The paper presents all these countries, and also Romania, including its specific developments in recent years.

Suggested Citation

  • Viorel POP, 2017. "The Evolution Of The Production And The Global Energy Consumption," Management Intercultural, Romanian Foundation for Business Intelligence, Editorial Department, issue 38, pages 67-73, June.
  • Handle: RePEc:cmj:interc:y:2017:i:38:p:67-73
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    More about this item

    Keywords

    Energy; Production; Consumption; Clean energy; Energy intensity;
    All these keywords.

    JEL classification:

    • A20 - General Economics and Teaching - - Economic Education and Teaching of Economics - - - General
    • D63 - Microeconomics - - Welfare Economics - - - Equity, Justice, Inequality, and Other Normative Criteria and Measurement
    • E24 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity
    • J21 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Force and Employment, Size, and Structure
    • J71 - Labor and Demographic Economics - - Labor Discrimination - - - Hiring and Firing
    • M53 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Personnel Economics - - - Training

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