by Manuel Frondel, Nolan Ritter, and Christoph M. Schmidt
- In this paper, we analyze the energy security situation of the G7 countries using a statistical risk indicator and empirical energy data for the years 1978 through 2007. We find that Germany's energy supply risk has risen substantially since the oil price crises of the 1970s, whereas France has managed to reduce its risk dramatically, most notably through the deployment of nuclear power plants. Due to its resource poverty, Italy has by far the highest energy supply risk among G7 countries.
Frondel, M., N. Ritter and C.M. Schmidt (2009). "Measuring Energy Supply Risks: A G7 Ranking." Ruhr Economic Papers #104, April 2009.
