Is There Relationship between Renewable Electrical Consumption and Economic Growth in Romania?

Abstract

This study probes the causal link between renewable electrical consumption (REC) and economic growth (EG) in Romanian. In recent years, the development of renewable energy in Romania has achieved basic results, but it also faces many problems, such as funding, technical policies and so on. This paper reviews the development motivation, characteristics and main problems of renewable energy in Romania. And put forward strategies such as increasing investment in research and development, adapting to local conditions and sustainable development.

Keywords

• Renewable electrical consumption
• Economic growth
• G10
• G38
• Q20