Research

Estimating Historical Energy Security Costs


Reference:

Arnold, S., Markandya, A. and Hunt, A., 2009. Estimating Historical Energy Security Costs. Working Paper. Bath, U. K.: Department of Economics, University of Bath. (Bath Economics Research Working Papers; 13/09)

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    Official URL:

    http://www.bath.ac.uk/economics/research/working-papers

    Abstract

    Energy Security is of increasing importance in today’s world, yet little research has been carried out on the costs or benefits of energy security policies. This paper looks at the period after the 1970s to estimate the cost premium of electricity generation due to energy security policies. The cost premium is estimated for France, Germany, Italy and Spain for the period 1980-2000 by estimating actual versus hypothetical lowest cost generation mixes. The cost premium is estimated to be lowest for France, which had a clear energy security policy based around developing nuclear power and reducing reliance on oil and coal.

    Details

    Item Type Reports/Papers (Working Paper)
    CreatorsArnold, S., Markandya, A. and Hunt, A.
    Uncontrolled Keywordsenergy security, electric energy, historic cost estimation
    DepartmentsFaculty of Humanities & Social Sciences > Economics
    Faculty of Humanities & Social Sciences > Social & Policy Sciences
    Research CentresBath Economics Research
    RefereedNo
    StatusPublished
    ID Code15965

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