Liberalisation and the security of gas supply in the UK

Conceptualising energy security and making explicit its polysemic nature

“…This slipperiness, and the inherent prediction and policy difficulties that this poses, has been noted in the context of surging oil prices and the governance of liberalised gas markets (Isbell, 2007;Wright, 2005). Brennan (2007: p. 3) also alluded to these difficulties, in the context of electricity, when suggesting ''rather than adopt one at the risk of excluding others, it is useful to have as a reference point as many of these different meanings as is reasonable''.…”

“…This has led to sporadic references about the term energy security being abstract, elusive, vague, inherently difficult and blurred (For example : Alhajji, 2006;Isbell, 2007;Löschel, Moslener et al, 2009;Wright, 2005). Two recent contributions have gone some way to develop a deeper understanding of the term but notably the comments of both have been eclipsed by the context of wider energy-related discussions (Chevalier, 2006;Kruyt, van Vuuren et al, 2009).…”

China’s oil security from the supply chain perspective: A review

“…The emerging literature therefore argues that the ability of the energy system to cope with disruption should be considered within the concept of energy security. Wright [30] defined gas supply security as insurance against the risk of external supply interruption. McCarthy et al [31] suggested that security includes the dynamic response of the system to unexpected interruption and its ability to endure such interruption.…”

The Drivers behind Gas Market Liberalization: Diversity of Gas Sources, Market Structure and Gas Prices

“…Most researchers explore the impact of liberalization either on gas prices, e.g. Slaba, Gapko and Klimesova (2013), Kratena (2004, 2011), Brau, Doronzo, Fiorio and Florio (2010, or on security of supply, like Joskow (2005), Wright (2005), von Hirschhausen (2008, Pollitt (2008).Others provide case studies of a single country's liberalization process, e.g. Stern (1997) in Great Britain, García (2006 in Spain, Cetin and Oguz (2007) in Turkey, Słupik (2012) in Poland.…”