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Essentialities of Energy Market Liberalisation in Romania

Author

Listed:
  • Emilia Ungureanu

    (University of Pitesti)

  • Florentina Cristina Bâldan

    (University of Pitesti)

Abstract

The paper „Essentialities of Energy Market Liberalization in Romania†presents the mainaspects concerning the energy market liberalization and the electricity consumption recorded atnational level. The electricity consumption has a great importance in analyzing the production andretail energy market, as this is showing the demand-offer equilibrium for the entire electro-energysystem. Market liberalization became mandatory in Romania, with the adhesion to European Union. Energy price liberalization in our country was a difficult process. Leaders of EU imposed onGovernment a pricing liberalization calendar with the mention that not respecting it, the country isobliged to pay substantial penalties.

Suggested Citation

  • Emilia Ungureanu & Florentina Cristina Bâldan, 2016. "Essentialities of Energy Market Liberalisation in Romania," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(2), pages 284-289, February.
    • Handle: RePEc:ovi:oviste:v:xvi:y:2016:i:2:p:284-289
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    More about this item

    Keywords

    energy sector; electrical energy; market liberalization; regulated segment;
    All these keywords.

    JEL classification:

    • D40 - Microeconomics - - Market Structure, Pricing, and Design - - - General
    • D49 - Microeconomics - - Market Structure, Pricing, and Design - - - Other
    • L80 - Industrial Organization - - Industry Studies: Services - - - General

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