DECISIONS REGARDING INVESTMENTS IN RENEWABLE ENERGY

                    Hada Teodor, “1 Decembrie 1918” University of Alba Iulia
                  Tamas Attila Szora, “1 Decembrie 1918” University of Alba Iulia


ABSTRACT: The article approaches issues regarding the decisions to invest in projects concerning
the area of renewable energy resources. The decisions have been taken on the basis of the cost-
benefit analysis. The central issue, that arises inhere, concerns the foundation of the investment
decision in terms of an EU funded project through structural funds, if the financial analysis
indicators are sufficiently relevant for the decision, or when it should or should not resort to
indicators of economic analysis for this, even for private investors, as if these projects should not be
financed solely by public beneficiaries as infrastructure projects and not in the context of economic
competitiveness, respectively.

Key words: renewable energy, cost-benefit analysis, IRR, NPV, investment decision

JEL codes: Q27, G21, E22, D63