THE ROMANIAN COAL INDUSTRY IN THE CONTEXT OF ECONOMIC GLOBAL DEVELOPMENT

• Main Authors: DINA IONELA-CLAUDIA, Popa Paliu Lucia
• Format: Article
• Language: English
• Published: Academica Brâncuşi 2010-12-01
• Series: Analele Universităţii Constantin Brâncuşi din Târgu Jiu : Seria Economie
• Subjects: coal mining industry; provisioned reserves; fossil fuel production; energy.
• Online Access: http://www.utgjiu.ro/revista/ec/pdf/2010-04.I/9_IONELA_CLAUDIA_DINA.pdf

In the last century, the world has seen an acceleration of technological development in almost all the fields related to human life, leading to rapid improvement of living standards in most countries. Electricity industry is a basic economic branch, and is also a branch with high importance to the economy and social life of any country. This branch, which currently is the base of industrial, agricultural, transportation and telecommunications activities, and which characterizes the entire modern world civilization, began to develop only towards the late of the XXth century. Electricity is an energy form easily usable in production, household consumption, transport, telecommunications etc. It was the one that revolutionized manufacturing resources and equipment used in all fields. Electricity production worldwide has increased about 30 times since 1938. Coal maintained a vital role in the total energy sources, especially by ensuring price stability which is a major and indispensable factor for stability and further economic growth, and also by its distribution around the globe.