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Resilience and electricity systems: a comparative analysis

Author

Listed:
  • Lynette Molyneaux

    () (Department of Economics, University of Queensland)

  • Liam Wagner

    () (Department of Economics, University of Queensland)

  • Craig Froome

    ()

  • John Foster

    () (Department of Economics, University of Queensland)

Abstract

Electricity systems have generally evolved based on the natural resources available locally. Few metrics exist to compare the security of electricity supply of different countries despite the increasing likelihood of potential shocks to the power system like energy price increases and carbon price regulation. This paper seeks to calculate a robust measure of national power system resilience by analysing each step in the process of transformation from raw energy to consumed electricity. Countries with sizeable deposits of mineral resources are used for comparison because of the need for electricity-intensive metals processing. We find that shifts in electricity-intensive industry can be predicted based on countries’ power system resilience.

Suggested Citation

  • Lynette Molyneaux & Liam Wagner & Craig Froome & John Foster, 2012. "Resilience and electricity systems: a comparative analysis," Energy Economics and Management Group Working Papers 15, School of Economics, University of Queensland, Australia.
  • Handle: RePEc:qld:uqeemg:15
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    File URL: http://www.uq.edu.au/eemg/docs/workingpapers/15.pdf
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    References listed on IDEAS

    as
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    Citations

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    Cited by:

    1. Kharrazi, Ali & Sato, Masahiro & Yarime, Masaru & Nakayama, Hirofumi & Yu, Yadong & Kraines, Steven, 2015. "Examining the resilience of national energy systems: Measurements of diversity in production-based and consumption-based electricity in the globalization of trade networks," Energy Policy, Elsevier, vol. 87(C), pages 455-464.
    2. Molyneaux, Lynette & Froome, Craig & Wagner, Liam & Foster, John, 2013. "Australian power: Can renewable technologies change the dominant industry view?," Renewable Energy, Elsevier, vol. 60(C), pages 215-221.
    3. John Foster, 2016. "The Australian growth miracle: an evolutionary macroeconomic explanation," Cambridge Journal of Economics, Oxford University Press, vol. 40(3), pages 871-894.
    4. Roege, Paul E. & Collier, Zachary A. & Mancillas, James & McDonagh, John A. & Linkov, Igor, 2014. "Metrics for energy resilience," Energy Policy, Elsevier, vol. 72(C), pages 249-256.
    5. Hughes, Larry, 2015. "The effects of event occurrence and duration on resilience and adaptation in energy systems," Energy, Elsevier, vol. 84(C), pages 443-454.
    6. Benjamin McLellan & Qi Zhang & Hooman Farzaneh & N. Agya Utama & Keiichi N. Ishihara, 2012. "Resilience, Sustainability and Risk Management: A Focus on Energy," Challenges, MDPI, Open Access Journal, vol. 3(2), pages 1-30, August.
    7. Radovanović, Mirjana & Filipović, Sanja & Pavlović, Dejan, 2017. "Energy security measurement – A sustainable approach," Renewable and Sustainable Energy Reviews, Elsevier, vol. 68(P2), pages 1020-1032.
    8. Lynette Molyneaux & Craig Froome & Liam Wagner & John Foster, 2012. "Australian Power: Can renewable technologies change the dominant industry view?," Energy Economics and Management Group Working Papers 13-2012, School of Economics, University of Queensland, Australia.
    9. Dassisti, M. & Carnimeo, L., 2013. "A small-world methodology of analysis of interchange energy-networks: The European behaviour in the economical crisis," Energy Policy, Elsevier, vol. 63(C), pages 887-899.
    10. repec:eee:eneeco:v:68:y:2017:i:c:p:177-191 is not listed on IDEAS
    11. Molyneaux, Lynette & Brown, Colin & Foster, John & Wagner, Liam, 2015. "Measuring resilience to energy shocks," MPRA Paper 64568, University Library of Munich, Germany.
    12. Han, Charles C., 2014. "Demarketing fear: Bring the nuclear issue back to rational discourse," Energy Policy, Elsevier, vol. 64(C), pages 183-192.
    13. He, Peijun & Ng, Tsan Sheng & Su, Bin, 2015. "Energy import resilience with input–output linear programming models," Energy Economics, Elsevier, vol. 50(C), pages 215-226.
    14. Burgherr, Peter & Hirschberg, Stefan, 2014. "Comparative risk assessment of severe accidents in the energy sector," Energy Policy, Elsevier, vol. 74(S1), pages 45-56.
    15. Månsson, André & Johansson, Bengt & Nilsson, Lars J., 2014. "Assessing energy security: An overview of commonly used methodologies," Energy, Elsevier, vol. 73(C), pages 1-14.
    16. Sharifi, Ayyoob & Yamagata, Yoshiki, 2016. "Principles and criteria for assessing urban energy resilience: A literature review," Renewable and Sustainable Energy Reviews, Elsevier, vol. 60(C), pages 1654-1677.
    17. Molyneaux, Lynette & Brown, Colin & Wagner, Liam & Foster, John, 2016. "Measuring resilience in electricity generation: An empirical analysis," MPRA Paper 72884, University Library of Munich, Germany.
    18. Stelios Grafakos & Elena Marie Enseñado & Alexandros Flamos & Jan Rotmans, 2015. "Mapping and Measuring European Local Governments’ Priorities for a Sustainable and Low-Carbon Energy Future," Energies, MDPI, Open Access Journal, vol. 8(10), pages 1-26, October.
    19. Nahmmacher, Paul & Schmid, Eva & Pahle, Michael & Knopf, Brigitte, 2016. "Strategies against shocks in power systems – An analysis for the case of Europe," Energy Economics, Elsevier, vol. 59(C), pages 455-465.
    20. repec:sae:envira:v:49:y:2017:i:11:p:2649-2672 is not listed on IDEAS

    More about this item

    Keywords

    Electricity; resilience; energy security;

    JEL classification:

    • Q40 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - General

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