IDEAS home Printed from https://ideas.repec.org/a/cbu/jrnlec/y2016v5p39-44.html

The Impact Of Renewable Energy Subvention On The Captive Consumer

Author

Listed:
  • PALIU POPA LUCIA

    (Constantin Brancusi University of Targu Jiu, Romania)

  • COSNEANU LAVINIA

    (Constantin Brancusi University of Targu Jiu, Romania)

Abstract

In the context of the European Union policy in the energy field on promoting the development of new and renewable energy forms, the Community legislation on the promotion of renewable sources had a significant development in the recent years. Thus, alternative fossil fuels (geothermal energy, ocean energy, hydropower energy, solar energy, wind energy, biomass and biofuels) contribute to the diversification of the supply on energy to reduce the greenhouse gas emissions and reduce the dependence on fossil fuels markets. Moreover, in accordance with the specifications of the Directive 2009/28/EC on energy from renewable sources there has been set as compulsory target the fact that an amount of 20% of the energy consumption of the European Union by 2020, to be derived from the renewable energy sources. In turn, this objective is detailed in the secondary national compulsory targets given the different starting points of Member States. Based on these aspects, in our country, the unsubsidized renewable energy (hydroelectric), together with the photovoltaic, wind and biomass energy represented in the past three years a contribution well above the target assumed by Romania for the year 2020 of total of the produced energy. In this context, this study aims, on the one hand, to emphasize that the subsidized renewable energy to the captive consumers, by increasing the share of green certificates, results in narrowing the market of the classic manufacturers, on the other hand, to account for these securities as due to the existence of subsidies for the operating activities.

Suggested Citation

  • Paliu Popa Lucia & Cosneanu Lavinia, 2016. "The Impact Of Renewable Energy Subvention On The Captive Consumer," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 5, pages 39-44, October.
    • Handle: RePEc:cbu:jrnlec:y:2016:v:5:p:39-44
    as

    Download full text from publisher

    File URL: http://www.utgjiu.ro/revista/ec/pdf/2016-05/05_PALIUCOSNEANU.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Zamfir, Andreea & Colesca, Sofia Elena & Corbos, Razvan-Andrei, 2016. "Public policies to support the development of renewable energy in Romania: A review," Renewable and Sustainable Energy Reviews, Elsevier, vol. 58(C), pages 87-106.
    2. Paliu -Popa Lucia, 2013. "Accounting, An Essential Component Of The Information System," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 1, pages 66-73, February.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Paliu – Popa Lucia & Cosneanu Lavinia, 2015. "Deferred Taxes Generated By The Capitalized Interests In The Amount Of The Fix Assets In The Context Of Meeting The Principle Of Prudency," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 4, pages 217-221, August.
    2. Dina Ionela Claudia, 2015. "Development The General Budget Costs At An Enterprise Of Exploitation Of Mineral Resources In The Coal," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 1, pages 236-244, January.
    3. Dina Ionela Claudia & Marica Valeria & Blendea Marian, 2013. "Accounting And Fiscal Treatments Specific For The Lending Of Population Through Pawnshops," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 4, pages 111-115, August.
    4. Zimmermannová Jarmila & Pawliczek Adam & Čermák Petr, 2018. "Public Support of Solar Electricity and its Impact on Households - Prosumers," Organizacija, Sciendo, vol. 51(1), pages 4-19, February.
    5. Iram Parvez & Jianjian Shen & Ishitaq Hassan & Nannan Zhang, 2021. "Generation of Hydro Energy by Using Data Mining Algorithm for Cascaded Hydropower Plant," Energies, MDPI, vol. 14(2), pages 1-28, January.
    6. Marian TAICU, 2014. "Prospects Of Management Accounting And Cost Calculation," Scientific Bulletin - Economic Sciences, University of Pitesti, vol. 13(2), pages 66-77.
    7. Romano, Antonio A. & Scandurra, Giuseppe & Carfora, Alfonso & Fodor, Mate, 2017. "Renewable investments: The impact of green policies in developing and developed countries," Renewable and Sustainable Energy Reviews, Elsevier, vol. 68(P1), pages 738-747.
    8. Liu, Ying & Feng, Chao, 2023. "Promoting renewable energy through national energy legislation," Energy Economics, Elsevier, vol. 118(C).
    9. Chen, Ting & Vandendriessche, Frederik, 2023. "Evolution of the EU legal framework for promoting RES-E: A market compatible paradigm shift?," Utilities Policy, Elsevier, vol. 83(C).
    10. Alcaraz, Mar & Vives, Luis & Vázquez-Suñé, Enric, 2017. "The T-I-GER method: A graphical alternative to support the design and management of shallow geothermal energy exploitations at the metropolitan scale," Renewable Energy, Elsevier, vol. 109(C), pages 213-221.
    11. Denis Sidorov & Daniil Panasetsky & Nikita Tomin & Dmitriy Karamov & Aleksei Zhukov & Ildar Muftahov & Aliona Dreglea & Fang Liu & Yong Li, 2020. "Toward Zero-Emission Hybrid AC/DC Power Systems with Renewable Energy Sources and Storages: A Case Study from Lake Baikal Region," Energies, MDPI, vol. 13(5), pages 1-18, March.
    12. Chen, Kaihua & Ren, Zhipeng & Mu, Shijun & Sun, Tara Qian & Mu, Rongping, 2020. "Integrating the Delphi survey into scenario planning for China's renewable energy development strategy towards 2030," Technological Forecasting and Social Change, Elsevier, vol. 158(C).
    13. García-Álvarez, María Teresa & Cabeza-García, Laura & Soares, Isabel, 2018. "Assessment of energy policies to promote photovoltaic generation in the European Union," Energy, Elsevier, vol. 151(C), pages 864-874.
    14. Nicolae Marinescu, 2017. "Wind Energy In The Eu: How Does Romania Fare?," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 3, pages 83-87, June.
    15. Andreea-Ileana Zamfir & Elena Oana Croitoru & Cristina Burlacioiu & Cosmin Dobrin, 2022. "Renewable Energies: Economic and Energy Impact in the Context of Increasing the Share of Electric Cars in EU," Energies, MDPI, vol. 15(23), pages 1-19, November.
    16. Nicolae Marinescu, 2020. "Changes in Renewable Energy Policy and Their Implications: The Case of Romanian Producers," Energies, MDPI, vol. 13(24), pages 1-16, December.
    17. Paliu – Popa Lucia & Cosneanu Lavinia, 2021. "Accounting Methodology Specific To Operational Leasing For Lessee From A National And International Perspective," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 2, pages 42-48, April.
    18. Costea, Gabriela & Pusch, Martin T. & Bănăduc, Doru & Cosmoiu, Diana & Curtean-Bănăduc, Angela, 2021. "A review of hydropower plants in Romania: Distribution, current knowledge, and their effects on fish in headwater streams," Renewable and Sustainable Energy Reviews, Elsevier, vol. 145(C).
    19. Ana-Maria Bercu & Gigel Paraschiv & Dan Lupu, 2019. "Investigating the Energy–Economic Growth–Governance Nexus: Evidence from Central and Eastern European Countries," Sustainability, MDPI, vol. 11(12), pages 1-21, June.
    20. Wang, Qiang & Kwan, Mei-Po & Fan, Jie & Zhou, Kan & Wang, Ya-Fei, 2019. "A study on the spatial distribution of the renewable energy industries in China and their driving factors," Renewable Energy, Elsevier, vol. 139(C), pages 161-175.

    More about this item

    Keywords

    ;
    ;
    ;
    ;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:cbu:jrnlec:y:2016:v:5:p:39-44. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Ecobici Nicolae (email available below). General contact details of provider: https://edirc.repec.org/data/fetgjro.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.