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Theoretical and Applied Economics
No. 12 / 2007 (517)

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

Vasile Robu
Elena Claudia Serban
Academia de Studii Economice, Bucuresti
Marina Badileanu
CEIS, Bucuresti

Abstract. 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.

Keywords: analysis; electrical energy; geopolitical context; market.

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