The Cost-Benefit Analysis of the Electricity Production from Small Scale Renewable Energy Sources in the Conditions of Romania

摘要

The electricity production from renewable energy sources is promoted across European Union by support schemes that are applied in order to achieve energy policy goals of sustainability, security of supply and improved competitiveness. In Romania, the electricity production from renewable energy sources in power stations with over 1 MW capacity is supported by the mechanism of mandatory quotas combined with the transaction of green certificates.Currently, there is no support for electricity production from small scale renewable energy sources. The paper presents the economic viability assessment of electricity production from small scale renewable energy sources by using a cost-benefit analysis approach.