medium-term horizon. The economic effects of electricity shortages are also direct and indirect, but the temporal lag is … shorter than for oil disruptions. In this paper, we summarise the different ways an economy is affected by an oil shock or a … weak business and consumer confidence. The social costs of electricity shortages have immediate negative results, and …

This study applies financial portfolio theory to determine efficient electricity-generating technology portfolios for … (MER) electricity portfolio for the United States contains more Coal, Nuclear, and Wind than actual but markedly less Gas … electricity markets. -- efficiency frontier ; energy ; electricity ; portfolio theory ; Seemingly Unrelated Regression Estimation …

This study applies financial portfolio theory to determine efficient electricity-generating technology mixes for … contains Coal generated electricity and Wind, while the MV alternative combines Coal, Nuclear, Oil and Wind. Interestingly, Gas … does not play any role in the determination of efficient electricity portfolios in the United States. -- energy electricity …

structural shock that we label expectational shock. This shock plays a crucial role when describing the series of events that …