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Energy Efficiency in the Romanian Industry

Author

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  • Roxana CLODNIȚCHI

    (The Bucharest University of Economic Studies,)

Abstract

Romania's energy intensity is almost double compared to the EU average. The country is the sixth most energy-intensive country in the EU-28 and there is a great need for energy efficiency in all economic sectors. Energy efficiency represented a significant part of each of Romania’s energy strategies over the past decades. In order to achieve the goals set out here, many measures have been taken to increase efficiency in all areas of the country's economy. Economic growth has apparently decoupled from energy consumption. However, this fact can be rather explained due to the structural change of the economy towards tertiarization and low energy intensity industries. The present article presents a critical overview of the development of Romania and it’s economic sectors with regard to their energy intensity. It addresses both economic and political and legal frameworks, with a focus on energy policy. Special attention will be given to industry, with a focus on energy-intensive industrial sectors.

Suggested Citation

  • Roxana CLODNIȚCHI, 2018. "Energy Efficiency in the Romanian Industry," REVISTA DE MANAGEMENT COMPARAT INTERNATIONAL/REVIEW OF INTERNATIONAL COMPARATIVE MANAGEMENT, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 19(5), pages 516-530, December.
  • Handle: RePEc:rom:rmcimn:v:19:y:2018:i:5:p:516-530
    DOI: 10.24818/RMCI.2018.5.516
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    References listed on IDEAS

    as
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    More about this item

    Keywords

    gender gap; participation gap; remuneration gap; advancement gap; gender parity.;
    All these keywords.

    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
    • Q48 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Government Policy

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