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Barriers to strongInvestmentstrong in Energy from Renewable Sources.pdf
Barriers to Investment in Energy from Renewable Sources
1
Corina PÎRLOGEA
ABSTRACT
This paper attempts to create an overview of the current situation in the Romanian energy
sector, pointing out elements of energy demand, production, investment in the sector and
not least the potential of renewable energy sources.
As Romania has aligned itself with the European Commissions 20-20-20 program, an
important step in achieving the set targets is represented by a significant amount of
investments in the development of energy from renewable sources. But there are a number
of challenges that investment projects may face, namely, barriers more or less deliberate,
more difficult or easier to overcome or remove, some of them real market distortions and
others coming from the comparison between green energy and classic sources of energy.
So, the last part of the work is dedicated to these barriers. Dividing them into four
categories administrative barriers, technical and technological barriers, market barriers
and economic barriers allows a better distribution of the identified barriers. It is a
comprehensive and equitable approach than their splitting into cost barriers and non-cost
barriers, which would have meant a long list for the second category specified.
KEYWORDS: barriers, energy potential, investment, renewable energy
JEL Classification: Q20, Q40, Q41, Q42.
Introduction
Approximately 20% of the world population consumes 60% of the
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