Electrifying Integration: Electricity Production And The South-East Europe Regional Energy Market

Elizabeth Hooper and Andrei Medvedev

Cambridge Working Papers in Economics from Faculty of Economics, University of Cambridge

Abstract: The paper provides an overview of the generation of electricity in 10 countries in South East Europe during 1995-2004. Using the latest available statistics the potential of the nascent integration of the electricity markets in South East Europe is explored. We conduct a cross-country analysis of electricity production based on different types of fuel used. The region has a low level of gasification combined with few nuclear power generation facilities, while some countries heavily rely on hydro electric generation. Differences in countries’ resource endowment and the possibility of intertemporaral substitution between electricity generated from various fuels could stimulate a regional trade in electricity. Such trade could displace a proportion of the required investment in the construction of generation facilities, as an alternative to nationally independent energy policies. Finally, we consider the environmental impact of electricity generation, and identify some of the key trade-offs between different policy objectives.

Keywords: Electricity; Generation; ECSEE (search for similar items in EconPapers)
JEL-codes: L94 Q40 R12 (search for similar items in EconPapers)
Pages: 24
Date: 2008-01
New Economics Papers: this item is included in nep-eec and nep-ene
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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Related works:
Journal Article: Electrifying integration: Electricity production and the South East Europe regional energy market (2009)
Working Paper: Electrifying Integration: Electricity Production and the South East Europe Regional Energy Market (2008)
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