Renewable energy - investment for sustainable rural development in Romania.

Abstract

The number of investors in renewable energy is steadily growing in recent years, while the Romanian market is well below the other European markets, considered somewhat saturated. On the other hand, biomass potential in Romania is significantly. Biomass production is not only a renewable resource but also a significant opportunity for sustainable rural development, creating real conditions for the development of Romanian agriculture. Research on the acceptance of the use of renewable energies in rural areas were conducted also in Scotland, analysis is accomplished in terms of the three components of sustainable development: economic, social and environmental. Further study compares financing of renewable resource exploitation in the rural area, in two different regions. This research aims to reveal the huge potential and enormous benefits it brings renewable energy to Romanian rural development. The material is represented by data and documents drawn from the implementation of plant biomass CEFA, Bihor County. The method used in the research was socio-economic and financial analysis of research data. Renewable energy is an area that promises reliable investment for sustainable rural development in Romania, at least due to the following aspects: stimulation works to protect the environment and balancing the ecosystem to diversify agricultural production in terms of biomass production, infusion of capital in rural areas and creating new jobs, development of competitive markets, farmers boosting in accessing grants and funding for sustainable rural development. The conclusion is that all the above mentioned aspects can help to develop and stabilize the country's economy, mainly in rural areas, making its contribution to the conservation of both natural and healthy environment.