Open AccessEnergy Efficiency in the Romanian Industry
Author(s) -
Roxana Clodnițchi
Publication year - 2018
Publication title -
revista de management comparat internaţional
Language(s) - English
Resource type - Journals
eISSN - 2601-0968
pISSN - 1582-3458
DOI - 10.24818/rmci.2018.5.516
Subject(s) - energy intensity , efficient energy use , energy consumption , energy (signal processing) , romanian , economics , consumption (sociology) , order (exchange) , economic system , business , energy policy , economic sector , economic policy , market economy , economy , renewable energy , engineering , social science , linguistics , statistics , philosophy , mathematics , finance , sociology , electrical engineering
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.