IDEAS home Printed from https://ideas.repec.org/a/ejn/ejefjr/v7y2019i3p44-51.html
   My bibliography  Save this article

Statistical Evaluation of the Energy, Economic and Social Potential from Renewable Sources in Romania

Author

Listed:
  • Violeta-Monica Radu

    (National Institute for Research and Development in Environmental Protection, Romania)

  • Mariana Pipirigeanu

    (National Institute for Research and Development in Environmental Protection, Romania)

  • György Deak

    (National Institute for Research and Development in Environmental Protection, Romania)

  • Petra Ionescu

    (National Institute for Research and Development in Environmental Protection, Romania)

Abstract

Worldwide, reducing energy consumption and increasing energy efficiency are the main objectives of an integrated approach to economic, energy and climate policy. The energy sector has vital importance for the economic and social development and improves the quality of life. Ensuring sufficient energy supply and broad access to energy services, particularly in the green from renewable sources is a basic requirement of sustainable development. The use of renewable energy has many potential benefits, including a reduction in greenhouse gas emissions, a diversification of energy supply and a reduction in dependency on fossil fuels markets. The development of renewable energy sources can also have the potential to stimulate employment by creating jobs in the new "green" technologies sector. In this context, the study aims to achieve a statistical evaluation on the energy potential from renewable sources in Romania. It also will carry out an assessment of the renewable energy sources available at national level and their potential benefits. Based on the results obtained, we emphasize that economic growth can be achieved by adopting a common vision based on efficient and nonpolluting alternatives for the energy production.

Suggested Citation

  • Violeta-Monica Radu & Mariana Pipirigeanu & György Deak & Petra Ionescu, 2019. "Statistical Evaluation of the Energy, Economic and Social Potential from Renewable Sources in Romania," Eurasian Journal of Economics and Finance, Eurasian Publications, vol. 7(3), pages 44-51.
    • Handle: RePEc:ejn:ejefjr:v:7:y:2019:i:3:p:44-51
    as

    Download full text from publisher

    File URL: https://eurasianpublications.com/wp-content/uploads/2021/02/EJEF-7.3.5.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Evans, Annette & Strezov, Vladimir & Evans, Tim J., 2012. "Assessment of utility energy storage options for increased renewable energy penetration," Renewable and Sustainable Energy Reviews, Elsevier, vol. 16(6), pages 4141-4147.
    2. Suna Ozyuksel & Umut Gunay, 2019. "Retirement Preparedness in Turkey and the Need for Personal Financial Planning," Eurasian Journal of Economics and Finance, Eurasian Publications, vol. 7(1), pages 15-35.
    3. Paul Calanter, 2018. "The Role Of Renewable Energy In The Activity Of Combating Climate Change In The European Union," Euroinfo, Institute for World Economy, Romanian Academy, vol. 2(5), pages 19-31, May.
    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. Shahmohammadi, Ali & Sioshansi, Ramteen & Conejo, Antonio J. & Afsharnia, Saeed, 2018. "Market equilibria and interactions between strategic generation, wind, and storage," Applied Energy, Elsevier, vol. 220(C), pages 876-892.
    2. Barelli, L. & Bidini, G. & Bonucci, F. & Castellini, L. & Fratini, A. & Gallorini, F. & Zuccari, A., 2019. "Flywheel hybridization to improve battery life in energy storage systems coupled to RES plants," Energy, Elsevier, vol. 173(C), pages 937-950.
    3. Masebinu, S.O. & Akinlabi, E.T. & Muzenda, E. & Aboyade, A.O., 2017. "Techno-economics and environmental analysis of energy storage for a student residence under a South African time-of-use tariff rate," Energy, Elsevier, vol. 135(C), pages 413-429.
    4. Waterson, Michael, 2017. "The characteristics of electricity storage, renewables and markets," Energy Policy, Elsevier, vol. 104(C), pages 466-473.
    5. Yanjuan Yu & Hongkun Chen & Lei Chen, 2018. "Comparative Study of Electric Energy Storages and Thermal Energy Auxiliaries for Improving Wind Power Integration in the Cogeneration System," Energies, MDPI, vol. 11(2), pages 1-16, January.
    6. Vasileios Kitsikoudis & Pierre Archambeau & Benjamin Dewals & Estanislao Pujades & Philippe Orban & Alain Dassargues & Michel Pirotton & Sebastien Erpicum, 2020. "Underground Pumped-Storage Hydropower (UPSH) at the Martelange Mine (Belgium): Underground Reservoir Hydraulics," Energies, MDPI, vol. 13(14), pages 1-16, July.
    7. Nzotcha, Urbain & Kenfack, Joseph & Blanche Manjia, Marceline, 2019. "Integrated multi-criteria decision making methodology for pumped hydro-energy storage plant site selection from a sustainable development perspective with an application," Renewable and Sustainable Energy Reviews, Elsevier, vol. 112(C), pages 930-947.
    8. van den Broek, Machteld & Berghout, Niels & Rubin, Edward S., 2015. "The potential of renewables versus natural gas with CO2 capture and storage for power generation under CO2 constraints," Renewable and Sustainable Energy Reviews, Elsevier, vol. 49(C), pages 1296-1322.
    9. Osorio, Julian D. & Panwar, Mayank & Rivera-Alvarez, Alejandro & Chryssostomidis, Chrys & Hovsapian, Rob & Mohanpurkar, Manish & Chanda, Sayonsom & Williams, Herbert, 2020. "Enabling thermal efficiency improvement and waste heat recovery using liquid air harnessed from offshore renewable energy sources," Applied Energy, Elsevier, vol. 275(C).
    10. Avri Eitan, 2021. "Promoting Renewable Energy to Cope with Climate Change—Policy Discourse in Israel," Sustainability, MDPI, vol. 13(6), pages 1-17, March.
    11. Vecchi, Andrea & Naughton, James & Li, Yongliang & Mancarella, Pierluigi & Sciacovelli, Adriano, 2020. "Multi-mode operation of a Liquid Air Energy Storage (LAES) plant providing energy arbitrage and reserve services – Analysis of optimal scheduling and sizing through MILP modelling with integrated ther," Energy, Elsevier, vol. 200(C).
    12. Karaca, Ali Erdogan & Dincer, Ibrahim & Nitefor, Michael, 2023. "A new renewable energy system integrated with compressed air energy storage and multistage desalination," Energy, Elsevier, vol. 268(C).
    13. Urbano, Eva M. & Martinez-Viol, Victor & Kampouropoulos, Konstantinos & Romeral, Luis, 2021. "Energy equipment sizing and operation optimisation for prosumer industrial SMEs – A lifetime approach," Applied Energy, Elsevier, vol. 299(C).
    14. Gallo, A.B. & Simões-Moreira, J.R. & Costa, H.K.M. & Santos, M.M. & Moutinho dos Santos, E., 2016. "Energy storage in the energy transition context: A technology review," Renewable and Sustainable Energy Reviews, Elsevier, vol. 65(C), pages 800-822.
    15. Sorrentino, Giancarlo & Sabia, Pino & Bozza, Pio & Ragucci, Raffaele & de Joannon, Mara, 2019. "Low-NOx conversion of pure ammonia in a cyclonic burner under locally diluted and preheated conditions," Applied Energy, Elsevier, vol. 254(C).
    16. Chen, Hao & Chen, Jiachuan & Han, Guoyi & Cui, Qi, 2022. "Winding down the wind power curtailment in China: What made the difference?," Renewable and Sustainable Energy Reviews, Elsevier, vol. 167(C).
    17. Obi, Manasseh & Jensen, S.M. & Ferris, Jennifer B. & Bass, Robert B., 2017. "Calculation of levelized costs of electricity for various electrical energy storage systems," Renewable and Sustainable Energy Reviews, Elsevier, vol. 67(C), pages 908-920.
    18. Nimish Kumar & Nitai Pal, 2020. "The existence of barriers and proposed recommendations for the development of renewable energy in Indian perspective," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 22(3), pages 2187-2205, March.
    19. Bertsiou, M. & Feloni, E. & Karpouzos, D. & Baltas, E., 2018. "Water management and electricity output of a Hybrid Renewable Energy System (HRES) in Fournoi Island in Aegean Sea," Renewable Energy, Elsevier, vol. 118(C), pages 790-798.
    20. Kantharaj, Bharath & Garvey, Seamus & Pimm, Andrew, 2015. "Compressed air energy storage with liquid air capacity extension," Applied Energy, Elsevier, vol. 157(C), pages 152-164.

    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:ejn:ejefjr:v:7:y:2019:i:3:p:44-51. 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: Esra Barakli (email available below). General contact details of provider: .

    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.