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Offshore Renewable Energy in the Black Sea: Emerging Opportunities and Challenges

Author

Listed:
  • Muraraşu Cătălin

    (Academia de Studii Economice din Bucureşti)

Abstract

The research investigates the viability of developing offshore wind farms in the European Area of the Black Sea region. Moreover, the analysis highlights that renewable energy could be a strategic advantage for the developing Pontic states and potentially enhance their economic cooperation. The study conducts a comprehensive analysis of wind speed, direction, and consistency at eight sites.

Suggested Citation

  • Muraraşu Cătălin, 2025. "Offshore Renewable Energy in the Black Sea: Emerging Opportunities and Challenges," Revista OEconomica, Romanian Society for Economic Science, Revista OEconomica, issue 01, March.
    • Handle: RePEc:oen:econom:y:2025:i:01:id:666
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    Keywords

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    JEL classification:

    • O13 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Agriculture; Natural Resources; Environment; Other Primary Products
    • P18 - Political Economy and Comparative Economic Systems - - Capitalist Economies - - - Energy; Environment
    • P48 - Political Economy and Comparative Economic Systems - - Other Economic Systems - - - Legal Institutions; Property Rights; Natural Resources; Energy; Environment; Regional Studies
    • Q42 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Alternative Energy Sources

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