Mulder, Machiel; Cate, Arie ten; Zwart, Gijsbert - In: EIB papers 12 (2007) 2, pp. 38-61
This paper analyses the welfare effects of two policies directed at the security of energy supply: investments in strategic petroleum reserves and a cap on the production of gas from the largest Dutch gas field. Market failures can justify such policies, in particular failure of individual...