Reichl, Johannes; Schmidthaler, Michael; Schneider, … - In: Energy Economics 36 (2013) C, pp. 256-261
This paper presents a model for assessing economic losses caused by electricity cuts as well as Willingness-to-Pay to avoid these power outages as an approximation to the value of supply security. The economic effects for simulated power cuts from 1 to 48h, which take the affected provinces, the...