메뉴 건너뛰기




Volumn 26, Issue , 2013, Pages 549-559

RES and risk: Renewable energy's contribution to energy security. A portfolio-based approach

Author keywords

Energy risk; Energy security of supply; Mediterranean; Portfolio choice; Renewable energy; Solar Plan

Indexed keywords

ENERGY RISKS; ENERGY SECURITY OF SUPPLY; MEDITERRANEAN; PORTFOLIO CHOICE; RENEWABLE ENERGIES; SOLAR PLAN;

EID: 84880068462     PISSN: 13640321     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.rser.2013.06.015     Document Type: Review
Times cited : (114)

References (69)
  • 1
    • 33947690891 scopus 로고    scopus 로고
    • Measures of petroleum dependence and vulnerability in OECD countries
    • 21/04/2003
    • A.F. Alhajji, and J.L. Williams Measures of petroleum dependence and vulnerability in OECD countries Middle East Economic Survey 46 16 2003 21 28 21/04/2003
    • (2003) Middle East Economic Survey , vol.46 , Issue.16 , pp. 21-28
    • Alhajji, A.F.1    Williams, J.L.2
  • 2
    • 84875177940 scopus 로고    scopus 로고
    • Comparative analysis of energy security in the Nordic countries: The role of renewable energy resources in diversification
    • A. Aslani, E. Antila, and K.V. Wong Comparative analysis of energy security in the Nordic countries: the role of renewable energy resources in diversification Journal of Renewable and Sustainable Energy 4 6 2012 11
    • (2012) Journal of Renewable and Sustainable Energy , vol.4 , Issue.6 , pp. 11
    • Aslani, A.1    Antila, E.2    Wong, K.V.3
  • 3
    • 33746549645 scopus 로고    scopus 로고
    • Getting it right: The real cost impacts of a renewables portfolio standard
    • February 15
    • S. Awerbuch Getting it right: the real cost impacts of a renewables portfolio standard Public Utilities Fortnightly 2000 February 15
    • (2000) Public Utilities Fortnightly
    • Awerbuch, S.1
  • 4
    • 1542354557 scopus 로고    scopus 로고
    • Diversity and security in the EU: Applying portfolio theory to EU electricity planning and policy-making
    • Paris: IEA/OECD, Paris; February 2003
    • Awerbuch S, Berger M. Diversity and security in the EU: applying portfolio theory to EU electricity planning and policy-making, International energy agency, Report no. EET/2003/03, Paris: IEA/OECD, Paris; February 2003, 70 p.
    • International Energy Agency, Report No. EET/2003/03 , pp. 70
    • Awerbuch, S.1    Berger, M.2
  • 6
    • 11744294702 scopus 로고
    • A portfolio approach to fossil fuel procurement in the electric utility industry
    • June
    • D. Bar-Lev, and S. Katz A portfolio approach to fossil fuel procurement in the electric utility industry Journal of Finance 31 3 1976 933 947 June
    • (1976) Journal of Finance , vol.31 , Issue.3 , pp. 933-947
    • Bar-Lev, D.1    Katz, S.2
  • 8
    • 84871493477 scopus 로고    scopus 로고
    • The contribution of renewables in Turkish energy security
    • M. Biresselioglu The contribution of renewables in Turkish energy security Turkish Studies 13 4 2012 615 632
    • (2012) Turkish Studies , vol.13 , Issue.4 , pp. 615-632
    • Biresselioglu, M.1
  • 10
    • 84880056325 scopus 로고    scopus 로고
    • Energy for the future: Renewable sources of energy - Green paper for a community strategy
    • Commission of the European Communities 26 November 1996
    • Commission of the European Communities Energy for the future: renewable sources of energy - green paper for a community strategy COM 576 96 1996 64 26 November 1996
    • (1996) COM , vol.576 , Issue.96 , pp. 64
  • 11
    • 0003714593 scopus 로고    scopus 로고
    • Energy for the future: Renewable sources of energy. White paper for a community strategy and action plan
    • Commission of the European Communities 26 November 1997
    • Commission of the European Communities Energy for the future: renewable sources of energy. White paper for a community strategy and action plan COM 599 97 1997 53 26 November 1997
    • (1997) COM , vol.599 , Issue.97 , pp. 53
  • 12
    • 84880052001 scopus 로고    scopus 로고
    • The support of electricity from renewable energy sources. Accompanying document to the proposal for a directive of the European Parliament and of the Council on the promotion of the use of energy from renewable sources [COM(2008) 19 final]
    • Commission of the European Communities 23/1/2008
    • Commission of the European Communities The support of electricity from renewable energy sources. Accompanying document to the proposal for a directive of the European Parliament and of the Council on the promotion of the use of energy from renewable sources [COM(2008) 19 final] SEC(2008) 57 2008 38 23/1/2008
    • (2008) SEC(2008) , vol.57 , pp. 38
  • 13
    • 84865455713 scopus 로고    scopus 로고
    • Miracle or mirage? the promise and peril of desert energy part 1
    • February 2013
    • C. Cooper, and C.B. Sovacool Miracle or mirage? The promise and peril of desert energy part 1 Renewable Energy 50 2013 628 636 February 2013
    • (2013) Renewable Energy , vol.50 , pp. 628-636
    • Cooper, C.1    Sovacool, C.B.2
  • 14
    • 84875439982 scopus 로고    scopus 로고
    • FITs and stops: Spain's new renewable energy plot twist & what it all means
    • E3 Analytics, March 2012
    • T.D. Couture FITs and stops: Spain's new renewable energy plot twist & what it all means Analytical Brief 4 1 2012 E3 Analytics, March 2012
    • (2012) Analytical Brief , vol.4 , Issue.1
    • Couture, T.D.1
  • 15
    • 84861221472 scopus 로고    scopus 로고
    • A simulation of the economic impact of renewable energy development in Morocco
    • July 2012
    • R. De Arce, R. Mahía, E. Medina, and G. Escribano A simulation of the economic impact of renewable energy development in Morocco Energy Policy 46 2012 335 345 July 2012
    • (2012) Energy Policy , vol.46 , pp. 335-345
    • De Arce, R.1    Mahía, R.2    Medina, E.3    Escribano, G.4
  • 18
    • 77955441586 scopus 로고    scopus 로고
    • Convergence towards differentiation: The case of Mediterranean energy corridors
    • G. Escribano Convergence towards differentiation: the case of Mediterranean energy corridors Mediterranean Politics 15 2 2010 211 229
    • (2010) Mediterranean Politics , vol.15 , Issue.2 , pp. 211-229
    • Escribano, G.1
  • 19
    • 84880071295 scopus 로고    scopus 로고
    • Moroco, the European energy policy and the Mediterranean Solar Plan
    • F. y Morata, I. Solorio, Edward Elgar Cheltenham and Northampton
    • G. Escribano, and E. San Martín Moroco, the European energy policy and the Mediterranean Solar Plan F. y Morata, I. Solorio, European Energy Policy: An Environmental Approach 2012 Edward Elgar Cheltenham and Northampton 193 209
    • (2012) European Energy Policy: An Environmental Approach , pp. 193-209
    • Escribano, G.1    San Martín, E.2
  • 21
    • 84874855277 scopus 로고    scopus 로고
    • European Commission Publications Office of the European Union Luxembourg
    • European Commission EU energy in figures - statistical pocketbook 2012 2012 Publications Office of the European Union Luxembourg 228
    • (2012) EU Energy in Figures - Statistical Pocketbook 2012 , pp. 228
  • 22
    • 84880055572 scopus 로고    scopus 로고
    • Eurostat (Share of renewable energy in gross final energy consumption, Europe 2020 indicators, date of extraction: 07/9/2012
    • Eurostat (Share of renewable energy in gross final energy consumption, Europe 2020 indicators, date of extraction: 07/9/2012, 2012 〈 http://epp.eurostat.ec.europa.eu/tgm/table.do?tab=table&init=1&plugin= 1&language=en&pcode=t2020-31âŒ.
    • (2012)
  • 23
    • 84880080585 scopus 로고    scopus 로고
    • Eurostat (Share of renewable energy in fuel consumption of transport, date of extraction: 23/5/2013
    • Eurostat (Share of renewable energy in fuel consumption of transport, date of extraction: 23/5/2013, 2013 〈http://epp.eurostat.ec. europa.eu/tgm/table.do?tab=table&init=1&plugin=1&language= en&pcode=tsdcc340âŒ.
    • (2013)
  • 24
    • 33746570011 scopus 로고    scopus 로고
    • The legacy of modern portfolio theory
    • Fall 7-2002, Institutional Investor, Inc.
    • F. Fabozzi, F. Gupta, and H. Markowitz The legacy of modern portfolio theory Journal of Investing 11 3 2002 7 22 Fall 7-2002, Institutional Investor, Inc.
    • (2002) Journal of Investing , vol.11 , Issue.3 , pp. 7-22
    • Fabozzi, F.1    Gupta, F.2    Markowitz, H.3
  • 25
  • 27
    • 84880066899 scopus 로고    scopus 로고
    • Risk theory applied to energy security: A typology of energy risks
    • J.M. Marín-Quemada, J. García-Verdugo, G. Escribano, Routledge, Taylor & Francis Group New York and Oxon
    • J. García-Verdugo, and E. San-Martín Risk theory applied to energy security: A typology of energy risks J.M. Marín-Quemada, J. García-Verdugo, G. Escribano, Energy security for the EU in the 21st century: Markets, geopolitics and corridors 2012 Routledge, Taylor & Francis Group New York and Oxon 111 143
    • (2012) Energy Security for the EU in the 21st Century: Markets, Geopolitics and Corridors , pp. 111-143
    • García-Verdugo, J.1    San-Martín, E.2
  • 28
    • 39149117380 scopus 로고    scopus 로고
    • Oil vulnerability index of oil-importing countries
    • March 2008
    • E. Gupta Oil vulnerability index of oil-importing countries Energy Policy 36 3 2008 1195 1211 March 2008
    • (2008) Energy Policy , vol.36 , Issue.3 , pp. 1195-1211
    • Gupta, E.1
  • 30
    • 84880067819 scopus 로고
    • Investment Choices in Industry
    • MIT Press
    • C.E. Helfat Investment Choices in Industry Cambridge (US) 1988 MIT Press 199
    • (1988) Cambridge (US) , pp. 199
    • Helfat, C.E.1
  • 31
    • 84866528396 scopus 로고    scopus 로고
    • Renewable energy: Paving the way towards sustainable energy security: Lessons learnt from Germany, selected papers from XI World Renewable Energy Congress
    • January 2013
    • R. Hinrichs-Rahlwes Renewable energy: paving the way towards sustainable energy security: lessons learnt from Germany, selected papers from XI World Renewable Energy Congress Renewable Energy 49 2013 10 14 January 2013
    • (2013) Renewable Energy , vol.49 , pp. 10-14
    • Hinrichs-Rahlwes, R.1
  • 32
    • 0031707565 scopus 로고    scopus 로고
    • Reducing the impacts of energy price volatility through dynamic portfolio selection
    • H.B. Humphreys, and K.T. McLain Reducing the impacts of energy price volatility through dynamic portfolio selection Energy Journal 19 3 1998 107 131
    • (1998) Energy Journal , vol.19 , Issue.3 , pp. 107-131
    • Humphreys, H.B.1    McLain, K.T.2
  • 36
    • 84876070188 scopus 로고    scopus 로고
    • A broadened typology on energy and security
    • May 2013
    • B. Johansson A broadened typology on energy and security Energy 53 1 2013 199 205 May 2013
    • (2013) Energy , vol.53 , Issue.1 , pp. 199-205
    • Johansson, B.1
  • 39
    • 84855725614 scopus 로고    scopus 로고
    • Perception of risks in renewable energy projects: The case of concentrated solar power in North Africa
    • January 2012
    • N. Komendantova, A. Patt, L. Barras, and A Battaglini Perception of risks in renewable energy projects: The case of concentrated solar power in North Africa Energy Policy 40 2012 103 109 January 2012
    • (2012) Energy Policy , vol.40 , pp. 103-109
    • Komendantova, N.1    Patt, A.2    Barras, L.3    Battaglini, A.4
  • 40
    • 80054848320 scopus 로고    scopus 로고
    • Fruitful symbiosis: Why an export bundled with wind energy is the most feasible option for North African concentrated solar power
    • C. Kost, B. Pfluger, W. Eichhammer, and M. Ragwitz Fruitful symbiosis: Why an export bundled with wind energy is the most feasible option for North African concentrated solar power Energy Policy 39 2011 7136 7145
    • (2011) Energy Policy , vol.39 , pp. 7136-7145
    • Kost, C.1    Pfluger, B.2    Eichhammer, W.3    Ragwitz, M.4
  • 41
    • 79955919559 scopus 로고    scopus 로고
    • Energy security and renewable electricity trade - Will desertec make Europe vulnerable to the energy weapon?
    • J. Lilliestam, and S. Ellenbeck Energy security and renewable electricity trade - will desertec make Europe vulnerable to the energy weapon? Energy Policy 39 2011 3380 3391
    • (2011) Energy Policy , vol.39 , pp. 3380-3391
    • Lilliestam, J.1    Ellenbeck, S.2
  • 42
    • 84880075559 scopus 로고    scopus 로고
    • Energy security in scenarios for Europe's future electricity supply, Smart Energy for Europe Platform
    • Berlin
    • Lilliestam J, Patt A. Energy security in scenarios for Europe's future electricity supply, Smart Energy for Europe Platform, SEFEP working paper, Berlin; 2013. 14 p.
    • (2013) SEFEP Working Paper , pp. 14
    • Lilliestam, J.1    Patt, A.2
  • 43
    • 84862211204 scopus 로고    scopus 로고
    • The price of policy risk - Empirical insights from choice experiments with European photovoltaic project developers
    • S. Lüthi, and R. Wüstenhagen The price of policy risk - Empirical insights from choice experiments with European photovoltaic project developers Energy Economics 34 2012 1001 1011
    • (2012) Energy Economics , vol.34 , pp. 1001-1011
    • Lüthi, S.1    Wüstenhagen, R.2
  • 45
    • 84995186518 scopus 로고
    • Portfolio selection
    • March 1952
    • H. Markowitz Portfolio selection Journal of Finance 7 1 1952 77 91 March 1952
    • (1952) Journal of Finance , vol.7 , Issue.1 , pp. 77-91
    • Markowitz, H.1
  • 46
    • 84880078374 scopus 로고    scopus 로고
    • RFF Press, Earthscan Washington DC and London
    • B. Moselle, J. Padilla, and R. Schmalensee 2010 RFF Press, Earthscan Washington DC and London
    • (2010)
    • Moselle, B.1    Padilla, J.2    Schmalensee, R.3
  • 47
    • 71549137124 scopus 로고    scopus 로고
    • Optimal investment portfolio in renewable energy: The Spanish case
    • August 2009
    • J.I. Muñoz, A.A. Sánchez, and J.Bernal-Agustín Contreras Optimal investment portfolio in renewable energy: The Spanish case Energy policy 37 12 2009 4411 4421 August 2009
    • (2009) Energy Policy , vol.37 , Issue.12 , pp. 4411-4421
    • Muñoz, J.I.1    Sánchez, A.A.2    Contreras, J.B.-A.3
  • 55
    • 46049093949 scopus 로고    scopus 로고
    • The merit-order effect: A detailed analysis of the price effect of renewable electricity generation on spot market prices in Germany
    • F. Sensfuss, M. Ragwitz, and M. Genoese The merit-order effect: A detailed analysis of the price effect of renewable electricity generation on spot market prices in Germany Energy Policy 36 8 2008 3086 3094
    • (2008) Energy Policy , vol.36 , Issue.8 , pp. 3086-3094
    • Sensfuss, F.1    Ragwitz, M.2    Genoese, M.3
  • 56
    • 79955654248 scopus 로고    scopus 로고
    • The portfolio of renewable energy sources for achieving the three e policy goals
    • May 2011
    • Y. Shen, C.J. Chou, and G.T.R. Lin The portfolio of renewable energy sources for achieving the three E policy goals Energy 36 5 2011 2589 2598 May 2011
    • (2011) Energy , vol.36 , Issue.5 , pp. 2589-2598
    • Shen, Y.1    Chou, C.J.2    Lin, G.T.R.3
  • 57
    • 84857612495 scopus 로고    scopus 로고
    • Terrorists versus the Sun: Desertec in North Africa as a case study for assessing risks to energy infrastructure
    • February 2012
    • K. Smith Stegen, P. Gilmartin, and J. Calucci Terrorists versus the Sun: Desertec in North Africa as a case study for assessing risks to energy infrastructure Risk management 14 2012 3 26 February 2012
    • (2012) Risk Management , vol.14 , pp. 3-26
    • Smith Stegen, K.1    Gilmartin, P.2    Calucci, J.3
  • 58
  • 59
    • 0042355724 scopus 로고    scopus 로고
    • Can the risks of the Kyoto mechanisms be reduced through portfolio diversification? Evidence from the Swedish AIJ program
    • DOI 10.1023/A:1025094313693
    • U. Springer Can the risks of Kyoto mechanisms be reduced through portfolio diversification: evidence from the Swedish AIJ Program Environmental and Resource Economics 25 4 2003 501 513 August 2003 (Pubitemid 37053843)
    • (2003) Environmental and Resource Economics , vol.25 , Issue.4 , pp. 501-513
    • Springer, U.1
  • 60
    • 77952816404 scopus 로고    scopus 로고
    • Terrorist targeting and energy security
    • August 2010
    • P. Toft, A. Duero, and A. Bieliauskas Terrorist targeting and energy security Energy policy 38 8 2010 4411 4421 August 2010
    • (2010) Energy Policy , vol.38 , Issue.8 , pp. 4411-4421
    • Toft, P.1    Duero, A.2    Bieliauskas, A.3
  • 61
    • 84880053193 scopus 로고    scopus 로고
    • UfM - Union for the Mediterranean Mediterranean efforts for renewable energy united - UfM and Dii join forces, Press Release, Marrakech, 15th May 2012, retrieved 04/06/2013
    • UfM - Union for the Mediterranean Mediterranean efforts for renewable energy united - UfM and Dii join forces, Press Release, Marrakech, 15th May 2012, retrieved 04/06/2013 〈http://ufmsecretariat.org/wp- content/uploads/2013/01/COM-Dii-UfM.pdfâŒ.
  • 62
    • 84880059391 scopus 로고    scopus 로고
    • UN COMTRADE - United Nations Commodity Trade Statistics Database "COMTRADE Database", date of extraction: 10/9/2012
    • UN COMTRADE - United Nations Commodity Trade Statistics Database "COMTRADE Database", date of extraction: 10/9/2012, 2012 〈http://comtrade.un.org/db/dqQuickQuery.aspxâŒ.
    • (2012)
  • 63
    • 0003652043 scopus 로고    scopus 로고
    • UNDP - United Nations Development Fund United Nations Development Programme, United Nations Department of Economic and Social Affairs, World Energy Council New York
    • UNDP - United Nations Development Fund World energy assessment: Energy and the challenge of sustainability 2000 United Nations Development Programme, United Nations Department of Economic and Social Affairs, World Energy Council New York 508
    • (2000) World Energy Assessment: Energy and the Challenge of Sustainability , pp. 508
  • 64
    • 81855185326 scopus 로고    scopus 로고
    • Emerging symbiosis: Renewable energy and energy security
    • S.V. Valentine Emerging symbiosis: renewable energy and energy security Renewable and Sustainable Energy Reviews 15 2011 4572 4578
    • (2011) Renewable and Sustainable Energy Reviews , vol.15 , pp. 4572-4578
    • Valentine, S.V.1
  • 65
    • 0001413455 scopus 로고
    • A portfolio of nobel laureates: Markowitz, Miller and Sharpe
    • Winter 1993
    • H. Varian A portfolio of nobel laureates: Markowitz, Miller and Sharpe Journal of Economic Perspectives 7 1 1993 159 169 Winter 1993
    • (1993) Journal of Economic Perspectives , vol.7 , Issue.1 , pp. 159-169
    • Varian, H.1
  • 66
    • 84875747087 scopus 로고    scopus 로고
    • Cyber security in the smart grid: Survey and challenges
    • W. Wang, and Z. Lu Cyber security in the smart grid: survey and challenges Computer Networks 57 5 2013 1344 1371
    • (2013) Computer Networks , vol.57 , Issue.5 , pp. 1344-1371
    • Wang, W.1    Lu, Z.2
  • 67
    • 33750162145 scopus 로고    scopus 로고
    • The security of gas supply-a critical issue for Europe?
    • DOI 10.1016/j.enpol.2005.10.002, PII S0301421505002740
    • H. Weisser The security of gas supply - a critical issue for Europe? Energy Policy 35 1 2007 1 5 January 2007 (Pubitemid 44597214)
    • (2007) Energy Policy , vol.35 , Issue.1 , pp. 1-5
    • Weisser, H.1
  • 68
    • 84861221286 scopus 로고    scopus 로고
    • Conceptualizing energy security
    • July 2012
    • C. Winzer Conceptualizing energy security Energy Policy 46 2012 36 48 July 2012
    • (2012) Energy Policy , vol.46 , pp. 36-48
    • Winzer, C.1
  • 69
    • 84855539323 scopus 로고    scopus 로고
    • The Penguin Press New York
    • D. Yergin The Quest 2011 The Penguin Press New York 804
    • (2011) The Quest , pp. 804
    • Yergin, D.1


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.