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Electricity market deregulation and energy security: a study of the UK and Singapore electricity markets

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  • Youngho Chang
  • Jian Liang Lee

Abstract

This study seeks to examine whether deregulated electricity markets can provide energy security. Conceptualising energy security as that of having adequate, reliable and reasonably priced energy, this study proposes a set of indicators that can serve as an approximate gauge to determine whether a particular electricity market is robust enough to provide energy security. These chosen indicators are applied for both the UK and Singapore electricity markets in particular, and the outcomes provide evidence to believe that both markets are capable of providing energy security.

Suggested Citation

  • Youngho Chang & Jian Liang Lee, 2008. "Electricity market deregulation and energy security: a study of the UK and Singapore electricity markets," International Journal of Global Energy Issues, Inderscience Enterprises Ltd, vol. 29(1/2), pages 109-132.
    • Handle: RePEc:ids:ijgeni:v:29:y:2008:i:1/2:p:109-132
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    Citations

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    Cited by:

    1. Yao, Lixia & Shi, Xunpeng & Andrews-Speed, Philip, 2018. "Conceptualization of energy security in resource-poor economies: The role of the nature of economy," Energy Policy, Elsevier, vol. 114(C), pages 394-402.
    2. Yao, Lixia & Chang, Youngho, 2014. "Energy security in China: A quantitative analysis and policy implications," Energy Policy, Elsevier, vol. 67(C), pages 595-604.
    3. Vithayasrichareon, Peerapat & MacGill, Iain F. & Nakawiro, Thanawat, 2012. "Assessing the sustainability challenges for electricity industries in ASEAN newly industrialising countries," Renewable and Sustainable Energy Reviews, Elsevier, vol. 16(4), pages 2217-2233.
    4. Chester, Lynne, 2010. "Conceptualising energy security and making explicit its polysemic nature," Energy Policy, Elsevier, vol. 38(2), pages 887-895, February.

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