Good Practices in the Utilization of ERDF and EERP Investments for the Financing of the Production of Renewable Energy. The Situation of Romania

Abstract:

This paper envisages to present the current status of the implementation of the European Economic Recovery Plan (EERP) in Romania, in the period of 2007 – 2013 while focusing on the investments done by the use of by EAFRD. The novelty of this analysis consists in the fact the fact that we put under scrutiny the amount 111,631 million euros that represents an increase approved in December 2008 by the European Commission in order to fund projects in the area of renewable energy, pollution control, the management of water resources and the amelioration of the  agricultural products quality. A peculiar interest was shown to the analysis of Measure 312  and to the high percentage of the allocations dedicated to the financing of renewable energy (as the research below would prove it).We should also add the mention of Measures 121 and 123 all of this while emphasizing the need for a strong financing procedure, clear and transparent while also being generous.