Valuing diversity in energy supply

Energy Policy

Volumn 38, Issue 7, 2010, Pages 3608-3621

  Skea, Jim ^a  

^a UK Energy Research Centre   (United Kingdom)

Author keywords

Diversity of supply; Electricity generation; Security of supply

Indexed keywords

ELECTRICITY GENERATION; ELECTRICITY SYSTEM; ENERGY SECURITY; ENERGY SUPPLIES; FINANCIAL FLOWS; FINANCIAL PORTFOLIO; GREAT BRITAIN; INCENTIVE MECHANISM; MARKET SHARE; POLICY GOALS; POSSIBLE FUTURES; SECURITY OF SUPPLY; TECHNOLOGY OPTIONS; VALUING DIVERSITY;

COMMERCE; COMPETITION; TECHNOLOGY;

ELECTRIC GENERATORS;

ELECTRICITY GENERATION; ELECTRICITY SUPPLY; FINANCE; INCENTIVE;

UNITED KINGDOM;

EID: 77952402920     PISSN: 03014215     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.enpol.2010.02.038     Document Type: Article

References (25)

1. Awerbuch S. and Martin Berger: 2003. Energy security and diversity in the EU: a mean-variance portfolio approach. IEA/IET Working Paper 2003/03, Paris, February 2003, http://www.iea.org/textbase/papers/2003/port.pdf.
2. Bazilian M., Roques F. Analytical Methods for Energy Diversity and Security 2008, Elsevier, Oxford.
3. Berger, M. 2003. Portfolio analysis of EU electricity generating mixes and its implications for renewable. Ph.D. Dissertation, Technischen Universität, Wien, Vienna.
4. Commission of the European Communities, 2008. Communication from the Commission. 20 20 by 2020: Europe's climate change opportunity, COM(2008) 30 final, Brussels, 23.1.2008.
5. Department of Business, Enterprise and Regulatory Reform Digest of UK Energy Statistics 2008, BERR, London.
6. Department of Trade and Industry, 2007. Meeting the energy challenge: a white paper on energy. CM 7124, London, May.
7. Gini C. Variabilita e mutabilita. Studi Economica-Giuridici della R. Universita di Cagliari 1912, 3:3-159.
8. Grubb M., Butler L., Twomey P. Diversity and security in UK electricity generation: the influence of low carbon objectives. Energy Policy 2006, 34:4050-4062.
9. Heptonstall, P. 2007. A review of electricity unit cost estimates, UK Energy Research Centre, Working Paper UKERC/WP/TPA/2007/006, London, May.
10. Hirschman, A.O., 1945. National Power and the Structure of Foreign Trade. University of California Press, Berkeley.
11. Hirschmann A.O. The paternity of an index. The American Economic Review 1964, 54(5):761.
12. Jansen, J.C., Beurskens, L.W.M., and X. van Tilburg, 2006. Application of portfolio analysis to the Dutch generating mix. ECN-C--05-100; Petten. February, 67 pp.
13. Jansen J.C., Beurskens L.W.M., Awerbuch S., Stirling A.C. Portfolio and diversity analysis of energy technologies. Understanding and Managing Business Risk in the Electric Sector 2005, D. Bodde, K. Leggio, M. Taylor (Eds.).
14. Markowitz, H. 1959. Portfolio Selection Efficient Diversification of Investments. John Wiley & Sons, New York; Chapman & Hall, London.
15. Rao C.R. Diversity and dissimilarity coefficients: a unified approach. Theoretical Population Biology 1982, 21:21-43.
16. Ricotta C. A parametric diversity measures combining the relative abundance and taxonomic distinctiveness of species. Diversity and Distributions 2004, 10:143-146.
17. Roques F.A., et al. Nuclear power: a hedge against uncertain gas and carbon prices?. The Energy Journal 2006, 27:4.
18. Shannon A., Weaver W. The Mathematical Theory of Communication 1962, University of Illinois Press, Urbana, IL.
19. Simpson A. Measurement of diversity. Nature 1949, 163:4148.
20. Stirling A. Diversity and ignorance in electricity supply investment: addressing the solution rather than the problem. Energy Policy 1994, 22:195-216. 10.1016/0301-4215(94)90159-7.
21. Stirling, A., 1998. On the economics and analysis of diversity. SPRU Electronic Working Paper Number 28. University of Sussex, October 1998. At May 2006: http://www.sussex.ac.uk/Units/spru/publications/imprint/sewps/sewp28/sewp28.pdf.
22. Stirling A. A general framework for analysing diversity in science, technology and society. Journal of the Royal Society Interface 2007, 4:707-719.
23. Stirling A. Multicriteria diversity analysis: a novel heuristic framework for appraising energy portfolios. Energy Policy 2010, 38:1622-1634. 10.1016/j.enpol.2009.02.023.
24. Weitzman M. On diversity. Quarterly Journal of Economics 1992, 107:363-405.
25. Yoshizawa G. et al., 2009. Electricity system diversity in the UK and Japan: a multicriteria diversity analysis. SEPP Working paper, Sustainable Energy/Environment & Public Policy (SEPP), University of Tokyo. http://www.sussex.ac.uk/spru/1-6-1-2-1-71.html.