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Drought and Insolvency: Case Study of the Producer-Buyer Conflict (Romania, the Period Between the Years 2011–2012)

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Abstract

The important hydroelectric potential of Romania has been tapped on most of the mountainous rivers: Bistrita (along with the Siret and Pruth), Olt, Jiu, Arges, Lotru, Somes, Raul Mare. The Danube, with its potential of 2100 MW, has also been harnessed, with the Iron Gates I as the only hydropower plant in Romania that functions permanently. The hydroelectric power potential of Romania is important and it has been exploited on most mountainous rivers: Bistrita (along with Siret and Pruth), Olt, Jiu, Arges, Lotru, Somes, Raul Mare; in addition to them, we must include the Danube, which holds a potential of 2100 MW (Iron Gates I is the only hydropower plant in Romania that functions permanently). The regional climate is increasingly unpredictable, and the hydrological risk events (droughts and tidal waves) occur more frequently. In this case, infrastructures capable of water intake are required (either to compensate for the droughty periods or to mitigate floods). For the past 25 years, droughty periods have increased in length and severity, though, the mean amount of precipitations has augmented. The drought recorded in the autumn of the year 2011 and the spring of the year 2012 entailed a drastic reduction in power production provided by hydropower plants, reasons for which the company Hidroelectrica S.A. became unable to distribute power to beneficiaries. On an average hydrological year, Romania produces 17.33 TWh, which means 35% of the consumption. In this case, Hidroelectrica S.A. was sued by a series of partners who were no longer satisfied with the quality of the distribution.

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Acknowledgements

The author would like to express his gratitude to the employees of the Romanian Waters Agency, Bucharest and Hidroelectrica S.A. Bucharest. This work was financially supported by the Department of Geography from the “Alexandru Ioan Cuza” University of Iasi, and the infrastructure was provided through the POSCCE-O 2.2.1, SMIS-CSNR 13984-901, No. 257/28.09.2010 Project, CERNESIM.

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Romanescu, G., Minea, I. (2020). Drought and Insolvency: Case Study of the Producer-Buyer Conflict (Romania, the Period Between the Years 2011–2012). In: Negm, A., Romanescu, G., Zeleňáková, M. (eds) Water Resources Management in Romania. Springer Water. Springer, Cham. https://doi.org/10.1007/978-3-030-22320-5_15

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