Accounting Changes on Green Certificates in Romania

The purpose of green certificates is to get more renewable electric energy into the energy market at the expense of traditional energy, which in most countries is based on fossil fuel. These renewable technologies are too expensive to enter the market on commercial terms. A key feature of the scheme...

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Main Author: Sava Raluca
Format: Article
Language:English
Published: Ovidius University Press 2017-01-01
Series:Ovidius University Annals: Economic Sciences Series
Subjects:
Online Access:http://stec.univ-ovidius.ro/html/anale/RO/2017-2/Section%20V/28.pdf
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author Sava Raluca
author_facet Sava Raluca
author_sort Sava Raluca
collection DOAJ
description The purpose of green certificates is to get more renewable electric energy into the energy market at the expense of traditional energy, which in most countries is based on fossil fuel. These renewable technologies are too expensive to enter the market on commercial terms. A key feature of the scheme is that producers of energy based on new renewable energy sources receive certificates from the authorities, proportional to their output. The users of electric energy are required to buy a certain amount of these certificates when they buy electricity. Green certificates may in principle contribute to a reduction of the production of traditional energy.
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spelling doaj.art-725b21bd4f01469e8b4346d4f87556ae2022-12-21T23:46:03ZengOvidius University PressOvidius University Annals: Economic Sciences Series2393-31272393-31272017-01-01XVII2644648Accounting Changes on Green Certificates in RomaniaSava Raluca0”Lucian Blaga” University of SibiuThe purpose of green certificates is to get more renewable electric energy into the energy market at the expense of traditional energy, which in most countries is based on fossil fuel. These renewable technologies are too expensive to enter the market on commercial terms. A key feature of the scheme is that producers of energy based on new renewable energy sources receive certificates from the authorities, proportional to their output. The users of electric energy are required to buy a certain amount of these certificates when they buy electricity. Green certificates may in principle contribute to a reduction of the production of traditional energy.http://stec.univ-ovidius.ro/html/anale/RO/2017-2/Section%20V/28.pdfgreen certificatesaccountingrenewable energy
spellingShingle Sava Raluca
Accounting Changes on Green Certificates in Romania
Ovidius University Annals: Economic Sciences Series
green certificates
accounting
renewable energy
title Accounting Changes on Green Certificates in Romania
title_full Accounting Changes on Green Certificates in Romania
title_fullStr Accounting Changes on Green Certificates in Romania
title_full_unstemmed Accounting Changes on Green Certificates in Romania
title_short Accounting Changes on Green Certificates in Romania
title_sort accounting changes on green certificates in romania
topic green certificates
accounting
renewable energy
url http://stec.univ-ovidius.ro/html/anale/RO/2017-2/Section%20V/28.pdf
work_keys_str_mv AT savaraluca accountingchangesongreencertificatesinromania