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business cooperation for development of sustainable business models in energy sector, Romania
Published on 23 August 2019
Romania
This is the good practice's implementation level. It can be national, regional or local.
About this good practice
For the past 2 years the Oil Gas University of Ploiesti is organizing a competition to stimulate students to develop innovative and sustainable models for implementation in the renewable energy sector. The students have the unique opportunity to pitch their ideas and receive valuable feedback from a specialist board that includes a wide array of key stakeholders well established in this sector from Prahova County Council, The Regional Energy Agency Ae3R Ploiesti – Prahova, Prahova Chamber of Commerce, The Romanian Association of Economists, The Society of Petroleum Engineers, The Romanian Association of Expert Accountants and various students’ representatives. Participation is national wide with University representatives from all over Romania: Brasov, Targoviste, Sibiu, Alba Iulia, Suceava, Pitesti, Galati, Oradea, Arad, Targu-Jiu and Ploiesti. Last edition organized at the end of November 2018 was a huge success with 39 projects prepared by 94 students, the debates lasted 3 days and at the end the best ideas were awarded financial prizes.
This kind of competition makes great use of fresh ideas coming from future specialists (students) while giving them the opportunity to interact directly to representatives from both public and private sector, exchange ideas and receive valuable feedback. The main idea is to put together stakeholders from all areas, to foster discussion, increase cooperation at regional/national level and develop innovative approaches to tackle various b
This kind of competition makes great use of fresh ideas coming from future specialists (students) while giving them the opportunity to interact directly to representatives from both public and private sector, exchange ideas and receive valuable feedback. The main idea is to put together stakeholders from all areas, to foster discussion, increase cooperation at regional/national level and develop innovative approaches to tackle various b
Resources needed
Each event costs €20,000, other than that the only resource required is time commitment from local businesses who are willing to act as mentors to the students
Evidence of success
Last edition organized at the end of November 2018 was a huge success with 39 projects prepared by 94 students, the debates lasted 3 days and at the end were given support to develop their ideas.This kind of cooperation is rare in Romania, and this initiative became a first step towards involving communities in sustainable energy practice. We established the first community of NGOs, students, municipalities and business that discussed cooperation in community energy development
Potential for learning or transfer
Although this approach focusses on any type of business we are hoping that the same model could be used to host an event that focuses on sustainable and low carbon energy business ideas. Students are very interested to participate in these kind of competitions, each successive session having a greater success.
We have discussed the transfer with other Romanian energy agencies who have expressed interest in establishing similar cooperations.
We have discussed the transfer with other Romanian energy agencies who have expressed interest in establishing similar cooperations.
Further information
Website
Good practice owner
You can contact the good practice owner below for more detailed information.
Organisation
AE3R Prahova
Romania
Sud-Muntenia
Contact
External funding Manager