Theoretical and Applied Economics
No. 1 / 2021 (626), Spring
Romania’s coal-fired power plants efficiency and pollution in the context of the European green deal
Bucharest University of Economic Studies, Romania
Abstract. This article analyses the efficiency of coal-fired power plants in Romania in the European Green Deal context. The focus is on the coal-fired power plants of the Oltenia and Hunedoara Energy Power Plants, as they generate over 97% of coal-fired electricity in Romania. Oltenia Energy Power Plant (CEO) is composed of eleven power plants with an average lifetime of 37 years while of Hunedoara Energy Power Plant (CEH) is composed of six power plants with an average lifetime of 42 years. At the same time, the article estimates the impact of the closure of these two energy groups on the main air pollutants and how close this would bring Romania to the targets set by the Green Deal for 2030. The article also estimates the losses from different energy sources incurred in the process of transforming raw electricity into electricity delivered to the consumers and finds that oil & gas and coal sectors have considerably higher losses than other electricity sources, with wind being the most efficient from this perspective.
Keywords: Green Deal; coal; energy transition; pollution.
Contents
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and economic prosperity?
An extensive investigation from the OECD nations
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Rareș Petru MIHALACHE
- Influences and spatial effects on subjective well-being
Ioana CIORBAGIU
- Pre- and post- analysis of Bank of Japan’s policy
implementation of negative interest rates
Alexander I. VILLANUEVA
- Using of KPIs and Dashboard in the analysis
of Nike company's performance management
Ionuț NICA
Nora CHIRIȚĂ
Ștefan IONESCU
- Economic policy uncertainty and adaptability
in international capital markets
Paulo Vitor Souza de SOUZA
César Augusto Tibúrcio SILVA
- Is the creation of major objectives in the European Union
an objective that may constitute a challenge
for the Member States of the European Union?
Constantin ANGHELACHE
Mădălina-Gabriela ANGHEL
Ștefan Virgil IACOB
Ana Maria POPESCU
- Romania’s coal-fired power plants efficiency and pollution
in the context of the European green deal
Vlad NERĂU
- Equilibrium in a Stackelberg duopoly
Ciprian RUSESCU
- Energy and economic growth.
An empirical analysis
Antonios ADAMOPOULOS
- Fiscal competition and public expenditure composition
in the era of globalization: Panel data analysis
Şahin AKKAYA
Ferda Yerdelen TATOĞLU
Ufuk BAKKAL
- Empirics of technology and unemployment
in advanced countries
Hami SAKA
Mehmet ORHAN
M.K. Savaş ÖKTE
- Capital account liberalisation in India:
Volatility of capital flows and selective policy issues
Shivangi JAISWAL
Dr. N. KUBENDRAN
- Health, health production and input financing:
A theoretical note
Biswajit MANDAL
Saswati CHAUDHURI
Arindam MANDAL
- The co-integration and causal relationship
between saving and economic growth in India
Dr. Tariq Ahmad BHAT
Tariq Ahmad LONE
Dr. Khursheed Hussain DAR
- Debt-financed public investment in developing countries:
Does the efficiency of public investment matter?
Amarachukwu Anthony ANYANWU
- Dynamic connection between macroeconomic variables
and sectoral stock returns:
Evidence from India
Parminder KAUR
Dr. Ravi SINGLA
- A pragmatic evaluation of the interconnection
between currency futures return volatility,
open interest and volume
Karthika P. DEVAN
Johney JOHNSON
- My colleague is corrupt:
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Indervir SINGH
Ashapurna BARUAH