Study on the Costs and Benefits of Implementing Wind Energy in the Western Region of Romania
Study on the Costs and Benefits of Implementing Wind Energy in the Western Region of Romania
Author(s): Oana Bogdan, Aura Emanuela Domil, Dorel Mateș, Moise Domil, Alin Emanuel Artene
Subject(s): Social Sciences, Economy
Published by: Vysoká škola ekonomická v Praze
Keywords: Cost of wind energy; wind farms; benefits of clean source; renewable source and zero emissions; Western Region of Romania
Summary/Abstract: Purpose:This paper presents an overview of the main costs and benefits of the implementation ofwind energy in the Western Region of Romania. Various studies are available in the literature on the costs and benefits of wind energy, but our paper isfocused on therelationship between the main costs and benefits of wind energy and the perceptions of professionals who activate in the energy field about the advantages and disadvantages of using this alternative source of energy in the WesternRegion of Romania. The aim of the research was to investigate whether the benefits of implementation exceed costs and if professionals who activate in this field are aware of the importance of green energy and especially wind energy. Design/methodology/approach:In order to accomplish this research, we carried out in a quantitative approach, assuming measurement of respondents' perception, so the research paradigm is positivist-functionalistic.The answers of thequestions are analyzed with the Likert scale with 5 levels of appreciation, from 1-5, as follows: 1 = in very littlemeasure, 2 = in little measure, 3 = in average measure, 4 = in large measure, and 5 = in very largemeasure, which will show us the perception of the respondents about the benefits and costs of implementing wind energy, being able to determine the cost -benefit ratio.
Research/practical implications:Following the study, there is an awareness of the importance of usingregenerative sources and supporting the costs of developing wind farms. The reduction ofgreenhouse gases (GHG) emissions and the use of regenerative sources contributes to theachievement of the 20/20/20 European objective.
Originality/value: Presented paper contributes to the knowledge of the costs and benefits of wind energy farms in the Western Region of Romania.
Book: Innovation Management, Entrepreneurship and Sustainability (IMES 2018)
- Page Range: 88-100
- Page Count: 13
- Publication Year: 2018
- Language: English
- Content File-PDF