Chapter 9
Creating Sustainable Energy for Future
Generations
Dumitru-Alexandru Bodislav, Florina Bran,
and Carmen Valentina Rădulescu
Abstract This research tries to highlight what is needed to be done for us and our
future generations to create a sustainable mechanism that is green, scalable, and
secure for the way we develop and obtain energy from a purely economic perspective. The debate today is about yields when it comes to solar, wind, and hydro- and
geothermal paths in producing energy, a fact that is counterbalanced by nuclear
energy and the traditional coal-based energy, which still have a better economic
positioning and financial output than the renewable solutions. The authors will try to
introduce also the states involvement in the process, from institutional, ideological,
political, and pragmatic perspective. Regarding the outcome of this research, the
emphasis will be on how the standard of living will be improved, not only for our
generations but also for future ones.
Keywords Sustainable energy · Regulation · Deregulation · EU’s strategy
9.1 Introduction
The public sector made of state-owned companies is mostly seen as an efficient
mechanism for fulfilling macro-goals in European countries, especially in emerging
ones, because the public sector can reach allocation efficiency, target a higher rate of
employment, and push the growth of the entire economy. To this feature we could
add that it develops the layers of the corporate governance structure (Bodislav 2014).
Opposite to the European way, there are the Japanese and American ways on
developing a country, because they employ small involvement in nationwide development of the public sector (Brackman et al. 2009). In the 1990s, there were
macroeconomic policies based on privatization, but the trust in local governments
was reduced and government spending was at its peak.
D.-A. Bodislav (*) · F. Bran · C. V. Rădulescu
Bucharest University of Economic Studies, Bucharest, Romania
e-mail: dumitru.bodislav@economie.ase.ro
© Springer Nature Singapore Pte Ltd. 2020
A. Omran, O. Schwarz-Herion (eds.), Sustaining our Environment for Better Future,
https://doi.org/10.1007/978-981-13-7158-5_9
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