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Sense and No(n)-Sense of Energy Security Indicators

Author

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  • Christoph Böhringer

    () (Carl von Ossietzky Universität Oldenburg, Institut für Volkswirtschaftslehre & ZenTra)

  • Markus Bortolamedi

    () (Carl von Ossietzky Universität Oldenburg, Institut für Volkswirtschaftslehre)

Abstract

Energy security ranks high on the policy agenda of many countries. To improve on energy security, governments undertake regulatory measures for promoting renewable energy, increasing energy efficiency, or curbing carbon dioxide emissions. The impacts of such measures on energy security are typically monitored by means of so-called energy security indicators. In this paper, we show that the common use of wide-spread energy security indicators falls short of providing a meaningful metric. Regulatory measures to improve on energy security trigger ambiguous effects across energy security indicators. We conclude that a major pitfall of energy security indicators is the lack of a rigorous microeconomic foundation.

Suggested Citation

  • Christoph Böhringer & Markus Bortolamedi, 2015. "Sense and No(n)-Sense of Energy Security Indicators," ZenTra Working Papers in Transnational Studies 55 / 2015, ZenTra - Center for Transnational Studies.
  • Handle: RePEc:zen:wpaper:55
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    References listed on IDEAS

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    Cited by:

    1. Cox, Emily, 2018. "Assessing long-term energy security: The case of electricity in the United Kingdom," Renewable and Sustainable Energy Reviews, Elsevier, vol. 82(P3), pages 2287-2299.
    2. Paulino Martinez-Fernandez & Fernando deLlano-Paz & Anxo Calvo-Silvosa & Isabel Soares, 2019. "Assessing Renewable Energy Sources for Electricity (RES-E) Potential Using a CAPM-Analogous Multi-Stage Model," Energies, MDPI, Open Access Journal, vol. 12(19), pages 1-20, September.
    3. Augutis, Juozas & Krikštolaitis, Ričardas & Martišauskas, Linas & Pečiulytė, Sigita & Žutautaitė, Inga, 2017. "Integrated energy security assessment," Energy, Elsevier, vol. 138(C), pages 890-901.
    4. Zerrahn, Alexander, 2017. "Wind Power and Externalities," Ecological Economics, Elsevier, vol. 141(C), pages 245-260.
    5. Valdés Lucas, Javier Noel & Escribano Francés, Gonzalo & San Martín González, Enrique, 2016. "Energy security and renewable energy deployment in the EU: Liaisons Dangereuses or Virtuous Circle?," Renewable and Sustainable Energy Reviews, Elsevier, vol. 62(C), pages 1032-1046.
    6. Alipour, Mohammad & Hafezi, Reza & Ervural, Bilal & Kaviani, Mohamad Amin & Kabak, Özgür, 2018. "Long-term policy evaluation: Application of a new robust decision framework for Iran's energy exports security," Energy, Elsevier, vol. 157(C), pages 914-931.
    7. García-Gusano, Diego & Iribarren, Diego & Garraín, Daniel, 2017. "Prospective analysis of energy security: A practical life-cycle approach focused on renewable power generation and oriented towards policy-makers," Applied Energy, Elsevier, vol. 190(C), pages 891-901.

    More about this item

    Keywords

    energy security; energy security indicators; computable general equilibrium analysis;

    JEL classification:

    • D58 - Microeconomics - - General Equilibrium and Disequilibrium - - - Computable and Other Applied General Equilibrium Models
    • Q48 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Government Policy

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