Electricity in Romania: Production, Imports and Sponsorship – a CSR Perspective

Abstract

Abstract The current concern for power is justifiable in light of both the ongoing conflict between Russia and Ukraine, and the world’s concern over climate change and environmental conservation. The objective of this paper is to quantify changes in Romania’s electricity productions and imports, moreover, to identify and classify the types of sponsorship activities of Romanian electricity companies. In this paper, based on data from Eurostat and BP we analyze the import of electricity in Romania between 2011 and 2020, but also the electricity generation from all sources between 1989 and 2021. We also did an analysis of contribution for improving the life of local communities, of few important Romanian companies from the electricity area: Hidroelectrica, Nuclearelectrica and Transelectrica based on their sustainability reports for the year 2021. During the communist period in Romania, between 1985 and 1989, there was an increase of electricity produced, but after the communism, more precisely after the year 1989 there was a huge decrease, more specifically from 1989 to 2021 decreased by 22%, while imports of electricity increased by 2.42 times from 2011 to 2020. From the sustainability reports of the companies analyzed results that the Romanian electricity companies offer a high support to the local communities especially for health area. This paper is unique because it’s the first paper where the sponsorship of the Romanian electricity companies was analyzed from a Corporate Social Responsibility (CSR) perspective.