ENERGY MANAGEMENT IN CONDITIONS OF CRISIS. SUSTAINABLE ENERGY DEVELOPMENT

Provision of adequate energy services in terms of quality, at acceptable prices, in terms of environmental compliance and security of supply, and in accordance with the requirements of economic growth is a vital component of sustainable development.Within the European Union the states are insisting on creating a single market in energy (in particular electricity and natural gas energy market, energies that are infrastructure network dependent). Hence, the emphasis must be focused on two different directions: ?? development of transmission and distribution networks;?? institutional reorganization of the system, abolition of monopolistic structures, activities unbundling, establishment of regulatory authorities, etc..energy efficiency, energy management, ESCO (Energy Services Companies), public utilities companies, sustainable development.

Economic Foundations and Practical Results of Transnationalization Processes

AbstractIn this paper, the authors are assessing the role of transnational corporations in transforming the international division of labor. Two main instruments of action are depicted: foreign direct investments and the new economic internal relationships system. The research work demonstrates the creation of uneven conditions of participation of developed, developing and transition countries to the international division of labour. These circumstances, established during the process of globalization strategy implementation, become constant factors of empowerment of a passive role of the latter countries in this process. A case study on energy transnational corporations acting on the Romanian territory comes to prove the consistency of the alleged conclusions of the previous theoretical approach

The Analysis of the Reaction of the Romanian Companies Supplying Electrical Energy to the Modification of the Geopolitical Context and of the Internal Legislative Frame

Supplying services in the electrical energy domain that corresponds qualitatively, at acceptable prices, in the context of the respect of the environment preservation standards and of the security of the supply, in accordance with the demands of the economic growth, represents a main component of the lasting development. In the 9th chapter of the 21st Agenda is stated that “energy is essential to the economic and social development and to a better quality of life”. At global level, given the current technological conditions and the permanent growth of the quantity of resources used, a large part of the energy is produced and consumed in an unsustainable manner. The necessity of controlling the greenhouse gas emissions and of other polluting substances imposes the increase of the efficiency of production, transportation, distribution and consumption of the energy and the growth of the use of renewable energy sources. All energy sources must be used in a manner that permits the respect of the environment on the whole. The operational research executed let us state that the defining elements of the geopolitical context influence the behaviour of the companies supplying electrical energy, which has an effect in any branch of the national economy. Such an approach is useful in the determination of the impact of the increase of electrical energy prices on the vulnerable sectors of the national economy

Applying the Dufournaud econometric model to the determination of the prices dynamics impact over the national economy and over its main vulnerable sectors in connection with the Romanian national economy specificity

In economics, a model represents an abstract, formal image of a phenomenon, process or economic system. It is built by symbolically reproducing the economic theory and by getting new information regarding the behavior of the objective being investigated. In economic theory there are several integrated econometric models meant to underline the interdependency between the branches of a national economy by the public utilities services, especially those connected to energy. The present article presents the first results of our efforts of building an econometric model adapted to the specificity of the Romanian economy, that would underline the impact of the prices modification for public utilities on the Romanian economy as a hole, on the competitiveness of Romanian companies and on the inflation

The Analysis of the Reaction of the Romanian Companies Supplying Electrical Energy to the Modification of the Geopolitical Context and of the Internal Legislative Frame

Supplying services in the electrical energy domain that corresponds qualitatively, at acceptable prices, in the context of the respect of the environment preservation standards and of the security of the supply, in accordance with the demands of the economic growth, represents a main component of the lasting development. In the 9th chapter of the 21st Agenda is stated that “energy is essential to the economic and social development and to a better quality of life”. At global level, given the current technological conditions and the permanent growth of the quantity of resources used, a large part of the energy is produced and consumed in an unsustainable manner. The necessity of controlling the greenhouse gas emissions and of other polluting substances imposes the increase of the efficiency of production, transportation, distribution and consumption of the energy and the growth of the use of renewable energy sources. All energy sources must be used in a manner that permits the respect of the environment on the whole. The operational research executed let us state that the defining elements of the geopolitical context influence the behaviour of the companies supplying electrical energy, which has an effect in any branch of the national economy. Such an approach is useful in the determination of the impact of the increase of electrical energy prices on the vulnerable sectors of the national economy.analysis; electrical energy; geopolitical context; market.