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The costs of failure: A preliminary assessment of major energy accidents, 1907-2007


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  • Sovacool, Benjamin K.
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    A combination of technical complexity, tight coupling, speed, and human fallibility contribute to the unexpected failure of large-scale energy technologies. This study offers a preliminary assessment of the social and economic costs of major energy accidents from 1907 to 2007. It documents 279 incidents that have been responsible for $41 billion in property damage and 182,156 deaths. Such disasters highlight an often-ignored negative externality to energy production and use, and emphasize the need for further research.

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    Bibliographic Info

    Article provided by Elsevier in its journal Energy Policy.

    Volume (Year): 36 (2008)
    Issue (Month): 5 (May)
    Pages: 1802-1820

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    Handle: RePEc:eee:enepol:v:36:y:2008:i:5:p:1802-1820

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    1. Flávia de Souza Costa Neves Cavazotte & Cristiano José Pereira Duarte & Anna Maria Calvão Gobbo, 2013. "Authentic leader, safe work: the influence of leadership on safety performance," Brazilian Business Review, Fucape Business School, vol. 10(2), pages 95-119, June.
    2. van der Vleuten, Erik & Lagendijk, Vincent, 2010. "Transnational infrastructure vulnerability: The historical shaping of the 2006 European "Blackout"," Energy Policy, Elsevier, vol. 38(4), pages 2042-2052, April.
    3. Nabeshima, Kaoru, 2011. "Growth strategies in a greener world," IDE Discussion Papers 314, Institute of Developing Economies, Japan External Trade Organization(JETRO).
    4. Lina Escobar Rangel & François Lévêque, 2012. "How did Fukushima-Daiichi core meltdown change the probability of nuclear accidents?," Working Papers hal-00740684, HAL.
    5. Sovacool, Benjamin K., 2009. "Energy policy and cooperation in Southeast Asia: The history, challenges, and implications of the trans-ASEAN gas pipeline (TAGP) network," Energy Policy, Elsevier, vol. 37(6), pages 2356-2367, June.
    6. Liao, Shu-Yi & Tseng, Wei-Chun & Chen, Chi-Chung, 2010. "Eliciting public preference for nuclear energy against the backdrop of global warming," Energy Policy, Elsevier, vol. 38(11), pages 7054-7069, November.


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