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Some Economic Aspects of Energy Security

Author

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  • Xavier Labandeira
  • Baltasar Manzano

    () (Rede (Universidade de Vigo) and Economics for Energy)

Abstract

Energy security is becoming an increasingly important issue in the energy domain. However, from an economic point of view, many questions related to energy security are still unclear: from its definition and the costs associated to insecurity, to the design of policies intended to reduce it. In this paper we first illustrate why the security of energy supply is and will continue to be a major concern in the next few decades. We subsequently attempt, with a review of the limited literature on these matters, to provide an answer to some of the economic concepts associated to this issue and to the application of corrective public policies in the field.

Suggested Citation

  • Xavier Labandeira & Baltasar Manzano, 2012. "Some Economic Aspects of Energy Security," Working Papers 09-2012, Economics for Energy.
  • Handle: RePEc:efe:wpaper:09-2012
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    References listed on IDEAS

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    1. repec:eco:journ2:2017-02-15 is not listed on IDEAS
    2. repec:eco:journ2:2018-01-14 is not listed on IDEAS
    3. Inayat U. Mangla & Jamshed Y. Uppal, 2014. "Macro-economic Policies and Energy Security—Implications for a Chronic Energy Deficit Country," The Pakistan Development Review, Pakistan Institute of Development Economics, vol. 53(3), pages 255-273.
    4. Gelengul KOCASLAN, 2014. "International Energy Security Indicators and Turkey’s Energy Security Risk Score," International Journal of Energy Economics and Policy, Econjournals, vol. 4(4), pages 735-743.

    More about this item

    JEL classification:

    • Q01 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - General - - - Sustainable Development
    • Q41 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Demand and Supply; Prices
    • Q43 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Energy and the Macroeconomy
    • Q47 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Energy Forecasting
    • Q48 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Government Policy

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