Open AccessIs There Relationship between Renewable Electrical Consumption and Economic Growth in Romania?
Author(s) -
Lingeng Lu
Publication year - 2018
Publication title -
holistica
Language(s) - English
Resource type - Journals
eISSN - 2457-5720
pISSN - 2067-9785
DOI - 10.2478/hjbpa-2018-0027
Subject(s) - renewable energy , investment (military) , consumption (sociology) , romanian , sustainable development , natural resource economics , economics , environmental economics , energy consumption , green growth , business , economic system , engineering , political science , politics , social science , linguistics , philosophy , sociology , law , electrical engineering
This study probes the causal link between renewable electrical consumption (REC) and economic growth (EG) in Romanian. In recent years, the development of renewable energy in Romania has achieved basic results, but it also faces many problems, such as funding, technical policies and so on. This paper reviews the development motivation, characteristics and main problems of renewable energy in Romania. And put forward strategies such as increasing investment in research and development, adapting to local conditions and sustainable development.