THE IMPACT OF THE CORONAVIRUS PANDEMIC ON THE ENERGY SECTOR
Autor (i): Oana, Chindriș-Văsioiu1 Mădălina, Tocan2
JEL: Q43, Q48
Cuvinte cheie: energy efficiency, energy markets, energy strategy, European Union
Abstract:
In the context in which energy has become a vital component, a cost factor for economic development, the
paper represents an analysis regarding the importance and approach of the energy sector in the European
Union (EU), the energy strategy for Romania and an analysis of the energy crisis caused by the Coronavirus
Pandemic. The article briefly presents the European Union's energy policy, which is a key element in achieving
national energy strategies, each country, including Romania, acting in the energy sector so as to meet the EU's
global and sustainable energy policy goals. The current Coronavirus crisis is having wider effects than those
related to public health, with profound and long-term socio-economic consequences. Pre-existing factors
leading to energy poverty have amplified all this time, by decreasing or losing revenue and increasing bills due
to increased energy consumption..