TURNING CRISIS INTO OPPORTUNITIES - THE ROMANIAN ENERGY TRANSITION AS A PROCESS

Olga BUCOVETCHI, Ulpia-Elena BOTEZATU, Mihai MACARIE, Radu D. STANCIU

Abstract


The research reveals the geopolitics of energy security in Romania, by looking at current efforts in assuring an energy equilibrium in a profoundly transformative moment. The first part looks at the energy transition post 2015 Paris Agreement and the subsequent EU Green Deal and Fit for 55 programs that imposed a mentality shift; the second part investigates Romania’s readiness to adopt the energy transition, implement its steps promptly, respond to the market participants, develop and attract sufficient financing mechanisms. These latter discussion points are placed in the context of the COVID-19 post-pandemic and there related to the changes in the landscape brought to the surface by the war of aggression on Ukraine by the Russian Federation.


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References


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