Current Situation and Future Perspectives of the Romanian Renewable Energy

Cîrstea, Ştefan Dragoş; Marțiș, Claudia; Cîrstea, Andreea; Constinescu-Dobra, Anca; Fülöp, Melinda Timea

doi:10.20944/preprints201810.0662.v1

Cited by 18 publications

(7 citation statements)

References 1 publication

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“…Configuration R5 has growth in host-country demand as a core condition and it includes two subsidiaries in Romania from Verbund and the Czech CEZ. While CEZ is a latecomer to renewable energy, it is the largest investor in wind energy in Romania (Cîrstea et al, 2018); nearly half of its total investments went to renewables during our period of study (see Table 1). These developments reflect a shift in CEZ's corporate strategy.…”

Section: Incentive-driven Home Region-based Somnesmentioning

confidence: 99%

Multinational energy utilities in the energy transition: A configurational study of the drivers of FDI in renewables

et al. 2021

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The global energy system has a long way to go to meet international climate goals, and significant investment in renewable energy is required to accelerate the energy transition (IRENA, 2016, 2019). We examine how firm- and country-specific conditions in the electric utility sector impact foreign direct investment (FDI) in renewables. Using a unique dataset of 289 greenfield investments by 17 multinational energy utilities, we employ a fuzzy set qualitative comparative analysis (fsQCA) that yields five causal configurations leading to FDI in renewables and four configurations leading to investment in non-renewables. Our results indicate that private MNEs are at the forefront of investment in renewables, and while state-owned MNEs (SOMNEs) do invest in them, they tend to follow strategies that are less risky compared to private MNEs and more responsive to host-country incentives. Our analysis suggests that for private MNEs, international experience is strongly associated with investment in renewables, while for SOMNEs it is associated with investment in non-renewables. Further, we also identify instances where MNEs contribute simultaneously to a ‘race to the top’ and a ‘race to the bottom’ by investing in both renewables and non-renewables in different markets, thereby reducing the pace of the energy transition.

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Section: Incentive-driven Home Region-based Somnesmentioning

confidence: 99%

Multinational energy utilities in the energy transition: A configurational study of the drivers of FDI in renewables

et al. 2021

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“…The main advantages expected from such a PV-battery-charging station are: reduced energy demand from the grid (as power is locally generated), the energy storage reduces the negative effects of PV integration in the grid, possibilities of implementation of vehicle to home (V2H) technologies [4], [20]. Romania has met its EU targets on renewable energy generation in 2015, far ahead the 2020 target deadline, making EV charging [21] a feasible endeavor. Considering all the above, the novelty of the paper is the analysis of a proposed charging station prototype, based on a battery converter as the core component using converters widely available on the market.…”

Section: Motivationmentioning

confidence: 99%

Renewable energy EV charging station

Petreuş

Pătărău

Etz

et al. 2021

2021 International Aegean Conference on Electrical Machines and Power Electronics (ACEMP) &Amp; 2021 International Conference O

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Due to the increased interest in electric vehicle (EV) technologies and the cost reduction of photovoltaic systems, industrial development of battery charging stations for electric vehicles based on solar energy has started. Although it is convenient to charge EVs at night, when there is less electricity consumption, there will always be consumers who prefer or need to charge their EV during daytime and even during peak hours. In this paper, an EV charging station integrating renewable energy in the form of solar energy is proposed and analyzed. Using a local battery pack, the charging station allows semi-fast and fast charging and can be installed in individual homes and apartment buildings, where the maximum power delivered by the grid is limited to 3.6kW. The charging station uses converters widely available on the market. A simulation model for this charging station is developed and various distinct operation modes are presented, validating the correct operation of the entire system.

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“…Romania's energy market is not very diversified, it is dependent on gas imports from Russia, but due to the path dependence, until recently, Romania was a net exporter of electricity (Pociovalisteanu et al, 2010;Stet, 2017). But in 2018-2019 the situation changed, and today the country depends on energy imports even more than before (Cîrstea et al, 2018). Recent years proved the inefficiency of the country's electric grids, inherited from the communist past, and at the same time demonstrated that, despite this inefficiency, this is the only option for the country to start developing a new, better energy infrastructure.…”

Section: Romaniamentioning

confidence: 99%

The Black Sea Region Energy Cooperation: Current Trends and Prospects

Bakulina

Panina²,

Prokofiev³

et al. 2021

IJEEP

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The Black Sea region is one of the most complex regions in terms of energy development. It hosts several major powers and some developing countries that need to cut energy costs. In general, the region is controversial. It is influenced by external actors, and therefore regional stability is very difficult to achieve. In addition, institutional players such as the EU, the Belt and Road Initiative, the Black Sea Trade and Development Bank, etc., have their own vision of the future of the Black Sea region. The article is aimed at assessing the regional balance of power and estimating the interests of the countries of the region. Based on this assessment, the authors have classified the countries in the region, predicted potential alliances, and provided recommendations on how the countries should behave in the region. The key findings comprise the rejection of the two hypotheses: the countries of the region cooperate mainly through similar institutions; and the countries of the region can efficiently cooperate within the framework of a single strategy. The novelty of the article is in a new look on the regional distribution of power and new strategies for cooperation between countries in the region.

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Current Situation and Future Perspectives of the Romanian Renewable Energy

Cited by 18 publications

References 1 publication

Multinational energy utilities in the energy transition: A configurational study of the drivers of FDI in renewables

Multinational energy utilities in the energy transition: A configurational study of the drivers of FDI in renewables

Renewable energy EV charging station

The Black Sea Region Energy Cooperation: Current Trends and Prospects

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