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Sense and No(n)-Sense of Energy Security Indicators

Christoph Böhringer and Markus Bortolamedi ()
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Markus Bortolamedi: University of Oldenburg, Department of Economics

No V-381-15, Working Papers from University of Oldenburg, Department of Economics

Abstract: Energy security ranks high on the policy agenda of many countries. To improve on energy security, governments undertake regulatory measures for promoting renewable energy, increasing energy efficiency, or curbing carbon dioxide emissions. The impacts of such measures on energy security are typically monitored by means of so-called energy security indicators. In this paper, we show that the common use of wide-spread energy security indicators falls short of providing a meaningful metric. Regulatory measures to improve on energy security trigger ambiguous effects across energy security indicators. We conclude that a major pitfall of energy security indicators is the lack of a rigorous microeconomic foundation.

Keywords: energy security; energy security indicators; computable general equilibrium analysis (search for similar items in EconPapers)
JEL-codes: D58 Q48 (search for similar items in EconPapers)
Pages: 49 pages
Date: 2015-07, Revised 2015-07
New Economics Papers: this item is included in nep-ene and nep-env
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (19)

Published in Oldenburg Working Papers V-381-15

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http://www.uni-oldenburg.de/fileadmin/user_upload/ ... ete/vwl/V-381-15.pdf First version, 2015 (application/pdf)

Related works:
Journal Article: Sense and no(n)-sense of energy security indicators (2015) Downloads
Working Paper: Sense and No(n)-Sense of Energy Security Indicators (2015) Downloads
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