Measuring the security of external energy supply in the European Union

Research output: Contribution to journal › Journal article › Research › peer-review

Standard

Measuring the security of external energy supply in the European Union. / Le Coq, Chloe; Paltseva, Elena.

In: Energy Policy, Vol. 37, No. 11, 2009, p. 4474-4481.

Research output: Contribution to journal › Journal article › Research › peer-review

Harvard

Le Coq, C & Paltseva, E 2009, 'Measuring the security of external energy supply in the European Union', Energy Policy, vol. 37, no. 11, pp. 4474-4481. https://doi.org/10.1016/j.enpol.2009.05.069

APA

Le Coq, C., & Paltseva, E. (2009). Measuring the security of external energy supply in the European Union. Energy Policy, 37(11), 4474-4481. https://doi.org/10.1016/j.enpol.2009.05.069

Vancouver

Le Coq C, Paltseva E. Measuring the security of external energy supply in the European Union. Energy Policy. 2009;37(11):4474-4481. https://doi.org/10.1016/j.enpol.2009.05.069

Author

Le Coq, Chloe ; Paltseva, Elena. / Measuring the security of external energy supply in the European Union. In: Energy Policy. 2009 ; Vol. 37, No. 11. pp. 4474-4481.

Bibtex

@article{46cca6309b8b11debc73000ea68e967b,
title = "Measuring the security of external energy supply in the European Union",
abstract = "The security of energy supply is one of the main objectives of EU energy policy. In this paper, we introduce an index designed to evaluate the short-term risks associated with the external supply of energy to the EU Member States. It combines measures of energy import diversification, political risks of the supplying country, risk associated with energy transit, and the economic impact of a supply disruption. We construct separate indexes for three primary energy types, oil, gas and coal, and demonstrate that Member States{\textquoteright} levels of supply risk exposure differ across energies. Most other studies of this kind provide aggregate indexes combining different types of energy. Our results suggest that an aggregate approach could be misleading, at least for discussions of the short-term response to risks. We discuss the implications of our findings for the common energy policy.",
keywords = "Faculty of Social Sciences, index, security of supply, supply risk",
author = "{Le Coq}, Chloe and Elena Paltseva",
note = "JEL classification: Q4, Q48, C8",
year = "2009",
doi = "10.1016/j.enpol.2009.05.069",
language = "English",
volume = "37",
pages = "4474--4481",
journal = "Energy Policy",
issn = "0301-4215",
publisher = "Elsevier",
number = "11",

}

RIS

TY - JOUR

T1 - Measuring the security of external energy supply in the European Union

AU - Le Coq, Chloe

AU - Paltseva, Elena

N1 - JEL classification: Q4, Q48, C8

PY - 2009

Y1 - 2009

N2 - The security of energy supply is one of the main objectives of EU energy policy. In this paper, we introduce an index designed to evaluate the short-term risks associated with the external supply of energy to the EU Member States. It combines measures of energy import diversification, political risks of the supplying country, risk associated with energy transit, and the economic impact of a supply disruption. We construct separate indexes for three primary energy types, oil, gas and coal, and demonstrate that Member States’ levels of supply risk exposure differ across energies. Most other studies of this kind provide aggregate indexes combining different types of energy. Our results suggest that an aggregate approach could be misleading, at least for discussions of the short-term response to risks. We discuss the implications of our findings for the common energy policy.

AB - The security of energy supply is one of the main objectives of EU energy policy. In this paper, we introduce an index designed to evaluate the short-term risks associated with the external supply of energy to the EU Member States. It combines measures of energy import diversification, political risks of the supplying country, risk associated with energy transit, and the economic impact of a supply disruption. We construct separate indexes for three primary energy types, oil, gas and coal, and demonstrate that Member States’ levels of supply risk exposure differ across energies. Most other studies of this kind provide aggregate indexes combining different types of energy. Our results suggest that an aggregate approach could be misleading, at least for discussions of the short-term response to risks. We discuss the implications of our findings for the common energy policy.

KW - Faculty of Social Sciences

KW - index

KW - security of supply

KW - supply risk

U2 - 10.1016/j.enpol.2009.05.069

DO - 10.1016/j.enpol.2009.05.069

M3 - Journal article

VL - 37

SP - 4474

EP - 4481

JO - Energy Policy

JF - Energy Policy

SN - 0301-4215

IS - 11

ER -

ID: 14247066