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Working Paper 03-14 - Belgische black-outs berekend - Een kwantitatieve evaluatie van stroompannes in België

Author

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  • Danielle Devogelaer

Abstract

Privatization, internal market, interconnections, greenhouse gas emission reductions, renewable energy targets… is it possible to reconcile these themes? And if so, will our lights stay on? This is a major concern of a number of players in the energy field, especially the Secretary of State for Energy since he is responsible for guaranteeing the security of supply. In times of increased electricity production by variable energy sources and of distorted investment signals, guaranteeing security of supply is not evident, since the absence of investments in sufficient reserve capacity and – worst case scenario – inadequacy of generation capacity may lead to soaring societal costs. This Working Paper focuses on the specific event that, in spite of all initiatives and mechanisms in place, things go wrong: a national black-out paralyzing the entire Belgian economy for 1 hour and its price tag are analysed.

Suggested Citation

  • Danielle Devogelaer, 2014. "Working Paper 03-14 - Belgische black-outs berekend - Een kwantitatieve evaluatie van stroompannes in België," Working Papers 1403, Federal Planning Bureau, Belgium.
  • Handle: RePEc:fpb:wpaper:1403
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    File URL: https://www.plan.be/admin/uploaded/201403170843050.WP_1403.pdf
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    More about this item

    Keywords

    Belgium; Supply security;

    JEL classification:

    • L94 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Electric Utilities
    • Q43 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Energy and the Macroeconomy
    • Q48 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Government Policy

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