Robert Arnott (Oxford Institute for Energy Studies)
Abstract
This study is divided into four sections. The first section deals with the issues and definitions that relate to the meaning of security of supply. The following three sections deal in turn with the risks to future supply for oil, coal and uranium. The analysis has examined the impact that supply disruptions have had in the past, the events that have disturbed energy supply and the affect that they have had on prices, on the economy and on society. For each commodity we have analysed the political, economic, institutional and technical risks and have qualitatively assessed the impact that each might have on the two price scenarios provided by the CPB. We also discuss the policy responses that governments have adopted in the aftermath of supply disruptions.
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Publisher Info
Paper provided by EconWPA in its series Others with number
0507002.
Find related papers by JEL classification: P - Economic Systems Q - Agricultural and Natural Resource Economics; Environmental and Ecological Economics Z - Other Special Topics
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