Consumer Valuation of Energy Supply Security: An Analysis of Survey Results in Three EU Countries. CEPS Policy Brief No. 225/November 2010

Chou, Wan-Jung and Hunt, Alistair and Markandya, Anil and Bigano, Andrea and Pierfederici, Roberta and La Branche, Stephane. (2010) Consumer Valuation of Energy Supply Security: An Analysis of Survey Results in Three EU Countries. CEPS Policy Brief No. 225/November 2010. [Policy Paper]

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Abstract

This study investigates consumer valuation of the security of various types of energy supply, namely electricity, natural gas and transport fuels (oil). Research for the paper was carried out in the context of the SECURE project (Security of Energy Considering its Uncertainties, Risks and Economic Implications), funded by the European Commission under the Seventh Framework Programme. The project develops appropriate tools for evaluating the vulnerability of the EU to the different energy supply risks, and for promoting the optimisation of EU energy insecurity mitigation strategies, including investment, demand side management and dialogue with producing countries.

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