National and EU-Level Estimates of Energy Supply Externalities

CEPS Policy Briefs

7 Pages Posted: 27 Apr 2009

See all articles by Alistair Hunt

Alistair Hunt

University of Bath - Department of Economics

Steve Arnold

affiliation not provided to SSRN

Date Written: April 24, 2009

Abstract

Energy security is a topic that is of increasing importance to policy-makers and yet is a relatively under-researched area. Although macroeconomists have noted that there may be external costs associated with energy security measures, there is no definitive methodology for calculating or assessing these externalities. This paper presents an overview of the theoretical externalities and develops estimates for the size of the external costs of energy arising from energy insecurity. In particular, the research centres on the costs of electricity production and oil.

Keywords: Security of supply, Energy

Suggested Citation

Hunt, Alistair S. P. and Arnold, Steve, National and EU-Level Estimates of Energy Supply Externalities (April 24, 2009). CEPS Policy Briefs , Available at SSRN: https://ssrn.com/abstract=1395667

Alistair S. P. Hunt (Contact Author)

University of Bath - Department of Economics ( email )

Claverton Down
Bath, BA2 7AY
United Kingdom
+44 (0) 1225+826826 (Phone)
+44 (0) 1225+826381 (Fax)

Steve Arnold

affiliation not provided to SSRN

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