Restructuring of Romania’s Energetic Sector, Process with Implications on the Human Factor from Within the Sector Cover Image

Restructuring of Romania’s Energetic Sector, Process with Implications on the Human Factor from Within the Sector
Restructuring of Romania’s Energetic Sector, Process with Implications on the Human Factor from Within the Sector

Author(s): Mihai Cojocaru, Marian Găman, Florin Barbu
Subject(s): National Economy, Energy and Environmental Studies, Economic development
Published by: Editura Universitaria Craiova
Keywords: general economic interest services; energy market; natural gas market regulated prices; vulnerable consumers; energy policy;

Summary/Abstract: The energetic sector represents a basic strategic infrastructure of the national economy, which the entire development of the country is based on, supplying a general economic interest service. Moreover, the energy represents a public utility with a powerful social impact. Due to these considerations, the development approach of this important sector of Romania’s national economy, is made with specific mechanisms as for a public interest utility, which needs more competitive mechanisms, where the price is formed through a free competition between a diversity of suppliers and clients, which become gradually free to buy the energy they need, based on stable and transparent market mechanisms, supervised by the regulating authorities and trading agents.

  • Issue Year: 2014
  • Issue No: 23
  • Page Range: 65-70
  • Page Count: 6
  • Language: English