Energy efficiency and performance indicators of European electricity market

• Author: Duguleana C., Duguleana L.
• Pages: 195-206

Bulletin of the Transilvania University of Braşov

Series V: Economic Sciences • Vol. 8 (57) No. 1 - 2015

Energy efficiency and performance indicators of

European electricity market

Constantin DUGULEANĂ1, Liliana DUGULEANĂ2

Abstract: The electric power system plays a vital role in the development of every country,

ensuring the “fuel” which feeds its economic motor. The efficient functioning of this motor is

essential for economy. The efficiency and the performances of electric power systems are

reflected on the living level of population, through the money spent and the satisfaction level

of their needs. The continuity of power distribution process, the good communication

between the suppliers and consumers, the promptitude of interventions, the environment

protection - all these are aspects characterizing the performance level of power distribution

systems. The paper analyzes the evolution of quality indicators of power distribution systems

both for countries’ level and for population on European market of electricity.

Key-words: power system, environment, efficiency, market performance indicators.

1. Introduction

The Europe 2020 Strategy has as main purpose to attain a smart, sustainable and

inclusive growth, and the transition to a resource efficient economy.

Having the same level of economic activity based on less energy inputs,

means a technical way to obtain energy efficiency. Saving energy through

efficiency, also addresses the reduction of consumption through a behaviour

changing, in the spirit of avoiding its waste.

The only way for the security of energy supply is ensuring the energy

efficiency. In this way the energy efficiency is considered to be in itself, a big source

of generating energy. The energy efficiency can contribute to the reduction of

emissions of greenhouse gases and of other pollutants.

The EU legislation for liberalization of energy markets constitutes the legal

frame for the action of energy efficiency. The third legislative package in 2007,

completed in 2009 with the 20-20-20 targets, has been transposed into national laws

starting with 2011. The targets of Europe 2020 Strategy are: to reduce EU

1 Transilvania University of Braşov, cduguleana@unitbv.ro

2 Transilvania University of Braşov, ldugul@unitbv.ro