Consumer Valuation of Energy Supply Security: An Analysis of Survey Results in Three EU Countries

CEPS Policy Brief No. 225

5 Pages Posted: 5 Dec 2010 Last revised: 12 Nov 2014

See all articles by Wan-Jung Chou

Wan-Jung Chou

University of Bath

Alistair Hunt

University of Bath - Department of Economics

Anil Markandya

Basque Centre for Climate Change (BC3); University of Bath

Andrea Bigano

RFF-CMCC European Institute on Economics and the Environment; CMCC - Centro Euro-Mediterraneo sui Cambiamenti Climatici; Ca' Foscari University of Venice

Roberta Pierfederici

Fondazione Eni Enrico Mattei (FEEM), CMCC - Euro Mediterranean Centre for Climate Change

Stephane La Branche

University of Grenoble - Institute of Political Studies Grenoble (IEP Grenoble)

Date Written: November 29, 2010

Abstract

This study investigates consumer valuation of the security of various types of energy supply, namely electricity, natural gas and transport fuels (oil). Research for the paper was carried out in the context of the SECURE project (Security of Energy Considering its Uncertainties, Risks and Economic Implications), funded by the European Commission under the Seventh Framework Programme. The project develops appropriate tools for evaluating the vulnerability of the EU to the different energy supply risks, and for promoting the optimisation of EU energy insecurity mitigation strategies, including investment, demand side management and dialogue with producing countries.

Keywords: consumer, valuation, security, energy, supply, electricity, natural gas, fuels, transport fuels, uncertainties, risks, economic, implications, European Commission, Seventh Framework Programme, climate change

Suggested Citation

Chou, Wan-Jung and Hunt, Alistair S. P. and Markandya, Anil and Bigano, Andrea and Pierfederici, Roberta and La Branche, Stephane, Consumer Valuation of Energy Supply Security: An Analysis of Survey Results in Three EU Countries (November 29, 2010). CEPS Policy Brief No. 225. Available at SSRN: https://ssrn.com/abstract=1719499

Wan-Jung Chou (Contact Author)

University of Bath ( email )

Claverton Down
Bath, BA2 7AY
United Kingdom

Alistair S. P. Hunt

University of Bath - Department of Economics ( email )

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

Anil Markandya

Basque Centre for Climate Change (BC3)

Gran Vía 35-2
Bilbao, Vizcaya 48009
Spain

University of Bath ( email )

Claverton Down
Bath, BA2 7AY
United Kingdom

Andrea Bigano

RFF-CMCC European Institute on Economics and the Environment ( email )

Via Bergognone, 34
Milan, 20144
Italy

CMCC - Centro Euro-Mediterraneo sui Cambiamenti Climatici ( email )

via Augusto Imperatore, 16
Lecce, I-73100
Italy

Ca' Foscari University of Venice ( email )

Dorsoduro 3246
Venice, Veneto 30123
Italy

Roberta Pierfederici

Fondazione Eni Enrico Mattei (FEEM), CMCC - Euro Mediterranean Centre for Climate Change ( email )

C.so Magenta 63
Milano, 20123
Italy

Stephane La Branche

University of Grenoble - Institute of Political Studies Grenoble (IEP Grenoble)

IEP - B.P. 48
Grenoble Cedex 9, 38040
France

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