Energy Security is of increasing importance in today’s world, yet little research has been carried out on the costs or benefits of energy security policies. This paper looks at the period after the 1970s to estimate the cost premium of electricity generation due to energy security policies....

Energy security is a topic that is of increasing importance to policy-makers and yet is a relatively under-researched area. Although macroeconomists have noted that there may be external costs associated with energy security measures, there is no definitive methodology for calculating or...