Solar Energy Potential as Support for Sustainable Development of Romanian Economy

Abstract

Energetic resources represent one of the most important factors in the process of consolidation of competitive market economy, having also a very important role in assuring the functionality of the economic system components. The decline of oil and gas production imposes the necessity to identify and implement new energy sources. Another reason to identify new energy sources is the pollution that is generated by the fossil fuel burn. The chapter presents a methodology about the solar energy potential evaluation for Romania. As a result of the tax incentives that are offered to investors in renewable energy, many projects were developed in Romania in the recent years, especially about wind and solar energy. But many projects have been done without a realistic assessment of potential wind or solar energy, as the consulting firms had presented an exaggerated image of the financial potential of these investments.