Essentialities of Energy Market Liberalisation in Romania
Emilia Ungureanu, Florentina Cristina Bâldan
Abstract
Open-access reader
Emilia Ungureanu, Florentina Cristina Bâldan
Abstract
Open-access reader
The paper „Essentialities of Energy Market Liberalization in Romania†presents the mainaspects concerning the energy market liberalization and the electricity consumption recorded atnational level. The electricity consumption has a great importance in analyzing the production andretail energy market, as this is showing the demand-offer equilibrium for the entire electro-energysystem. Market liberalization became mandatory in Romania, with the adhesion to European Union. Energy price liberalization in our country was a difficult process. Leaders of EU imposed onGovernment a pricing liberalization calendar with the mention that not respecting it, the country isobliged to pay substantial penalties.
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The paper „Essentialities of Energy Market Liberalization in Romania†presents the mainaspects concerning the energy market liberalization and the electricity consumption recorded atnational level. The electricity consumption has a great importance in analyzing the production andretail energy market, as this is showing the demand-offer equilibrium for the entire electro-energysystem. Market liberalization became mandatory in Romania, with the adhesion to European Union. Energy price liberalization in our country was a difficult process. Leaders of EU imposed onGovernment a pricing liberalization calendar with the mention that not respecting it, the country isobliged to pay substantial penalties.
Key concepts: Liberalization, Energy market, Business, International economics, Economics, Market economy, Physics, Electricity