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Delivering Energy Networks Security: Economics, Regulation and Policy

Chapter


Abstract


  • In recent years, security of energy supplies has re-emerged as a major policy concern.

    At the same time, there is a growing concern with regards to the physical and cyber

    security of critical infrastructure of strategic importance such as telecommunications,

    water supplies, transport systems, and energy supplies. Physical and virtual networks

    serve as the nerve system of critical infrastructures and, while vital for the functioning

    of these facilities, due to their geographic spread, they are vulnerable to natural disasters

    and malicious threats. As the modern economy are increasingly dependent on reliable

    but increasingly complex network infrastructures, the vulnerability of these and the cost

    of potential failure also increase. This chapter focuses on the economics, regulation, and

    policy aspect of the security of energy networks.

Publication Date


  • 2016

Citation


  • Jamasb, T. & Nepal, R. (2016). Delivering Energy Networks Security: Economics, Regulation and Policy. In R. J. Heffron & G. F. M. Little (Eds.), Delivering Energy Law and Policy in the EU and the US (pp. 45-49). Edinburgh: Edinburgh University Press.

International Standard Book Number (isbn) 13


  • 9780748696789

Book Title


  • Delivering Energy Law and Policy in the EU and the US

Start Page


  • 45

End Page


  • 49

Place Of Publication


  • Edinburgh

Abstract


  • In recent years, security of energy supplies has re-emerged as a major policy concern.

    At the same time, there is a growing concern with regards to the physical and cyber

    security of critical infrastructure of strategic importance such as telecommunications,

    water supplies, transport systems, and energy supplies. Physical and virtual networks

    serve as the nerve system of critical infrastructures and, while vital for the functioning

    of these facilities, due to their geographic spread, they are vulnerable to natural disasters

    and malicious threats. As the modern economy are increasingly dependent on reliable

    but increasingly complex network infrastructures, the vulnerability of these and the cost

    of potential failure also increase. This chapter focuses on the economics, regulation, and

    policy aspect of the security of energy networks.

Publication Date


  • 2016

Citation


  • Jamasb, T. & Nepal, R. (2016). Delivering Energy Networks Security: Economics, Regulation and Policy. In R. J. Heffron & G. F. M. Little (Eds.), Delivering Energy Law and Policy in the EU and the US (pp. 45-49). Edinburgh: Edinburgh University Press.

International Standard Book Number (isbn) 13


  • 9780748696789

Book Title


  • Delivering Energy Law and Policy in the EU and the US

Start Page


  • 45

End Page


  • 49

Place Of Publication


  • Edinburgh