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ISSN: 2344 - 102X

ISSN-L: 2344 - 102X


Article from Volume 10, Number 1, Year 2022

Author(s): Anamaria - Geanina Macovei, Ioana Andrioaia
DOI: 10.4316/EJAFB.2022.10115
Abstract: According to the European Parliament, the EU is facing a major energy crisis, triggered on one hand by a shortage of natural gas and on the other by the explosive rise in energy prices. Therefore, the aim of this paper is to identify end-user energy consumer requirements and views on energy from renewable energy sources (RES-E) and to analyze the factors influencing RES-E investment. To achieve the proposed aim, the following objectives have been formulated: Objective 1 - To review the literature on renewable energy investments; Objective 2 - To establish the implications of the Russian-Ukrainian conflict on the energy sector activity; Objective 3 - to assess the contribution of green certificates (GCs) in stimulating green energy production; Objective 4 - To identify the end-consumer perspective on the transition from conventional to renewable energy sources. The research methodology is based on the questionnaire method, which has been applied to a number of 107 individuals and 31 legal entities who were questioned on pressing issues, such as the current energy crisis and its perceived economic and social effects. The results of this research materialized in the construction of a final consumer profile (by category of consumer) of electricity from renewable sources. The importance of the results obtained is of real use to national governments, but also to other decision-makers in the energy industry, as the end-consumer profile can warn them of possible social, economic and political conflicts, depending on the dissatisfaction expressed.
Keywords: Energy; Final Consumer; Political Crisis; Renewable Energy; Social And Economic Effects
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