THE IMPACT OF RENEWABLE ENERGY SUBVENTION ON THE CAPTIVE CONSUMER
In the context of the European Union policy in the energy field on promoting the development of new and renewable energy forms, the Community legislation on the promotion of renewable sources had a significant development in the recent years. Thus, alternative fossil fuels (geothermal energy, ocea...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Academica Brâncuşi
2016-10-01
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| Series: | Analele Universităţii Constantin Brâncuşi din Târgu Jiu : Seria Economie |
| Subjects: | |
| Online Access: | http://www.utgjiu.ro/revista/ec/pdf/2016-05/05_PALIU%20%E2%80%93%20POPA%20LUCIA,%20COSNEANU%20LAVINIA.pdf |
| Summary: | In the context of the European Union policy in the energy field on promoting the development of
new and renewable energy forms, the Community legislation on the promotion of renewable sources had a
significant development in the recent years. Thus, alternative fossil fuels (geothermal energy, ocean energy,
hydropower energy, solar energy, wind energy, biomass and biofuels) contribute to the diversification of the
supply on energy to reduce the greenhouse gas emissions and reduce the dependence on fossil fuels markets.
Moreover, in accordance with the specifications of the Directive 2009/28/EC on energy from renewable
sources there has been set as compulsory target the fact that an amount of 20% of the energy consumption of
the European Union by 2020, to be derived from the renewable energy sources. In turn, this objective is
detailed in the secondary national compulsory targets given the different starting points of Member States.
Based on these aspects, in our country, the unsubsidized renewable energy (hydroelectric), together
with the photovoltaic, wind and biomass energy represented in the past three years a contribution well above
the target assumed by Romania for the year 2020 of total of the produced energy. In this context, this study
aims, on the one hand, to emphasize that the subsidized renewable energy to the captive consumers, by
increasing the share of green certificates, results in narrowing the market of the classic manufacturers, on
the other hand, to account for these securities as due to the existence of subsidies for the operating activities. |
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| ISSN: | 1844-7007 1844-7007 |