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The Economic Implications Of The Geothermal Potential Of West And Northwest Region Of Romania

Author

Listed:
  • Maghear Diana

    () (Universitatea din Oradea, Facultatea de Stiinte Economice)

  • Florea Adrian

    () (Universitatea din Oradea, Facultatea de Stiinte Economice)

  • Perticas Razvan

    ()

Abstract

The energy crises of the 70s led to the vigorous interventions of the industrialized states in the energy sector. On the European political agenda a new problem appeared, namely the one regarding the security of the energy supply. Romania is the third geothermal power in Europe, after Italy and Greece. The energy potential produced by means of geothermal resources of the West and North - West regions is approximately of 144 MWt. The production of a MWt of electricity through conventional sources (in our case study we chose diesel) emits into the atmosphere about 21,673 tons of CO2. If itâ€(tm)s used the entire installed capacity in these areas Romania reduces pollution by approximately 6,935,552 TCO2.

Suggested Citation

  • Maghear Diana & Florea Adrian & Perticas Razvan, 2010. "The Economic Implications Of The Geothermal Potential Of West And Northwest Region Of Romania," Annals of Faculty of Economics, University of Oradea, Faculty of Economics, vol. 1(2), pages 283-288, December.
  • Handle: RePEc:ora:journl:v:1:y:2010:i:2:p:283-288
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    File URL: http://anale.steconomiceuoradea.ro/volume/2010/n2/041.pdf
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    Keywords

    durability; externalities; renewable; geothermal; energy independence; pollution;

    JEL classification:

    • H23 - Public Economics - - Taxation, Subsidies, and Revenue - - - Externalities; Redistributive Effects; Environmental Taxes and Subsidies

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