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The value of supply security: The costs of power interruptions: Economic input for damage reduction and investment in networks
de Nooij, Michiel; Koopmans, Carl; Bijvoet, Carlijn - In: Energy Economics 29 (2007) 2, pp. 277-295
Persistent link: https://www.econbiz.de/10005228301
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Optimal blackouts: Empirical results on reducing the social cost of electricity outages through efficient regional rationing
de Nooij, Michiel; Lieshout, Rogier; Koopmans, Carl - In: Energy Economics 31 (2009) 3, pp. 342-347
The demand and supply of electricity must always balance. If supply falls short of demand, then price increases or voluntary demand reductions might help to maintain the balance in the system. Should these prove insufficient, then rationing is necessary. Rationing means interrupting the...
Persistent link: https://www.econbiz.de/10005192162