Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/73854
Authors: 
Röpke, Luise
Year of Publication: 
2013
Series/Report no.: 
Ifo Working Paper 151
Abstract: 
This paper analyzes the effects of the green transformation on the German electricity sector with respect to the energy political triangle. It focuses on how the development of renewable energies will affect security of electricity supply. In a cost-benefit analysis, the value of supply security is compared with its costs of provision. More specifically, the benefits of maintaining the present quality of electricity supply are the avoided social damages from electricity outages and are compared with the respective investment costs in the low- and medium-voltage distribution grid. It is shown that the transformation process towards a green and decentralized production structure will be costly for society, even though the costs can be reduced by different measures.
Subjects: 
Energy policy
cost-benefit analysis
value of supply security
value of lost load
JEL: 
Q41
Q48
D61
Document Type: 
Working Paper

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