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Green Energy Production In Romania

Author

Listed:
  • BrînduÅŸa Mihaela RADU

    (Athenaeum University, Bucharest, Romania)

Abstract

Green energy is the popular name for renewable and non-polluting energy sources. Electricity generated from renewable sources is becoming more and more available. By choosing such renewable energy sources, consumers can support the development of clean energy that will reduce the impact on the environment associated with conventional energy generation and increase energy independence (Tuttle, 1901). Moreover, when these technologies can help the consumer by reducing the bills for different utilities (water, heating) and by a short payback time in the case of domestic water heating systems, the installation of solar panels becomes an extremely profitable investment. in the case of household consumers, hotels, hospitals, etc. The choice of such sources reduces the impact that traditional energy has on the environment. This type of energy comes from resources such as sunlight, wind, rain, tides, waves and heat (Popescu, 1995). Photovoltaic and wind energy is an example of green energy, being a solution to replace traditional energy. Solar energy is consistent and continuous, it acts all year round and is distinguished by its ability to be used quickly by a large part of the rural or even urban population.

Suggested Citation

  • BrînduÅŸa Mihaela RADU, 2021. "Green Energy Production In Romania," Internal Auditing and Risk Management, Athenaeum University of Bucharest, vol. 62(2), pages 19-29, June.
  • Handle: RePEc:ath:journl:v:62:y:2021:i:2:p:19-29
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    References listed on IDEAS

    as
    1. Charles A. Tuttle, 1901. "The Fundamental Economic Principle," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 15(2), pages 218-253.
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    More about this item

    Keywords

    green energy; sustainable development;

    JEL classification:

    • Q01 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - General - - - Sustainable Development
    • Q42 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Alternative Energy Sources
    • Q56 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environment and Development; Environment and Trade; Sustainability; Environmental Accounts and Accounting; Environmental Equity; Population Growth

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