|Author (Person)||Arnold, Steve, Hunt, Alistair|
|Publisher||Centre for European Policy Studies [CEPS]|
|Series Title||CEPS Policy Brief|
|Series Details||Number 186|
|Content Type||Research Paper|
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.
|Subject Tags||Energy Security|
|International Organisations||European Union [EU]|