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Title: THE LIBERALIZATION PROCESS OF THE ENERGY SECTOR OF ROMANIA
THE LIBERALIZATION PROCESS OF THE ENERGY SECTOR OF ROMANIA

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Ruxandra-Madalina Popp; Stelian Grasu; Mihail Busu
10.5593/sgem2023/5.1/s21.66
10.5593/sgem2023/5.1
1314-2704
978-619-7603-60-6
English
23
5.1
•    Prof. DSc. Oleksandr Trofymchuk, UKRAINE 
•    Prof. Dr. hab. oec. Baiba Rivza, LATVIA
Environmental Economics
The energy sector is particularly important in the Romanian economy, both in terms of its size and in terms of the impact of developments in this sector on other branches of the economy. Developments in the energy sector, particularly in the electricity sector, also have social implications. As a result, the energy regulation institutions have been heavily involved in this area, using all the instruments at its disposal, both from a competition and a state aid perspective: investigation of possible infringements of competition law, sector inquiries, regulatory clearance, merger analysis, recurrent monitoring of the sector etc.
This chapter focuses on the stages of the liberalisation process, which started in 2007 for the electricity sector. The effects associated with the liberalisation process are also presented, in particular in terms of the structural changes that have occurred.
As regards the price developments observed in the energy sector, they should be seen in the context of regional developments, the recent increase in electricity prices being a European phenomenon, partly justified by the recovery of the economy after the pandemic, the level of stocks, but also by the European policy of increasing the pollution penalty.
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conference
https://doi.org/10.5593/sgem2023/5.1/s21.66
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Proceedings of 23rd International Multidisciplinary Scientific GeoConference SGEM 2023
23rd International Multidisciplinary Scientific GeoConference SGEM 2023, 03 - 09 July, 2023
Proceedings Paper
STEF92 Technology
International Multidisciplinary Scientific GeoConference SGEM
SWS Scholarly Society; Acad Sci Czech Republ; Latvian Acad Sci; Polish Acad Sci; Serbian Acad Sci and Arts; Natl Acad Sci Ukraine; Natl Acad Sci Armenia; Sci Council Japan; European Acad Sci, Arts and Letters; Acad Fine Arts Zagreb Croatia; Croatian Acad Sci and Arts; Acad Sci Moldova; Montenegrin Acad Sci and Arts; Georgian Acad Sci; Acad Fine Arts and Design Bratislava; Turkish Acad Sci.
485-492
03 - 09 July, 2023
website
9328
energy sector, regulation, competition, liberalization process